Mr. Jean Castellini, Government Counsellor and Minister of Finance and Economy, participated in the 8th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action via video conference. Organized in the framework of the annual meeting of the International Monetary Fund (IMF), it was held on Wednesday, October 12 in Washington.
Created in 2019, this Coalition brings together Finance Ministers from 77 countries and representatives of 25 major international institutions. representatives of 25 major international institutions, to promote the integration of climate climate issues into the economic and financial policies of member countries. policies of member countries.
The Ministers in charge agreed that the fight against climate change has found a new justification if that the fight against climate change has found a new justification, if necessary, by countering the effects of the energy crisis that the world is currently experiencing.
The active promotion transition to non-fossil fuel energy sources is now a full part of the policies aimed at restoring of the policies aiming at the return of the economic growth. The need is therefore, all the more the need to ensure that the right instruments and the best sources of financing are put in place. and the best sources of financing. Mr. Castellini recorded a video message highlighting the importance of the "initiative as well as sustainable investments within the Constitutional Reserve Fund. Reserve Fund. The participation of the Department of Finance and Economy in these high-level discussions is discussions is particularly in line with the COP 27 which will take place in Egypt from November 6 to 18 November.
