Washington D.C., USA: The Minister of Finance (General Duties), Hon. Henry Musasizi, has called for greater regional cooperation to accelerate global efforts in climate finance and sustainable development.
Speaking on behalf of Uganda at the 14th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action in Washington D.C., Minister Musasizi emphasized that regional synergies must be fully utilized to enhance the Coalition’s effectiveness.
Uganda currently serves as a co-chair of the Coalition and has held the position for the past six months. Minister Musasizi revealed that, together with other African member countries, Uganda is working towards establishing an African Platform for Finance Ministers, which will be launched in Lusaka, Zambia, during the African regional deputies’ meeting in December 2025.
“Together with other African member countries, we are working towards establishing an African Platform for Finance Ministers, which will promote stronger engagement and coordination on climate finance across the continent,” he said.
Minister Musasizi commended fellow co-chairs and the secretariat for their hard work, noting that the Coalition’s membership has now reached 100 countries. He extended a warm welcome to Bhutan, the latest country to join the group.
“I am confident that regional platforms will bring even greater synergies and enhance the engagement of Ministries of Finance in climate action, which is our core objective,” Musasizi added.
He urged member countries to look ahead to COP30 with a focus on mobilizing the proposed USD 1.3 trillion in climate financing to support global adaptation and mitigation initiatives.
Minister Musasizi also expressed appreciation to the World Bank and International Monetary Fund (IMF) for hosting the Coalition’s Secretariat and supporting its activities.
He announced and endorsed Croatia as the incoming co-chair of the Coalition, officially handing over to H.E. Marko Primorac, Croatia’s Minister of Finance.
Uganda’s continued leadership in the Coalition reflects its strong commitment to advancing climate finance and fostering sustainable economic development across Africa.
