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Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action

Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action

Uganda assumed the co-chairmanship role of the Coalition of Finance Ministers for Climate Action at the 2025 Spring meetings of the World Bank Group and International Monetary Fund in Washington D.C., United States of America.

Uganda will co-chair with the Netherlands. The Minister of State for Finance in charge of General Duties Henry Musasizi on behalf of the Government of Uganda received the co-chairmanship role from H.E Sri Mulyani Indrawati, the Finance Minister of Indonesia (outgoing co-chair).

"We deeply appreciate the trust placed in us and we are committed to advancing our shared climate and economic goals," said Musasizi.

He said Uganda's central focus during its co-chairmanship will be adaptation.  "We believe adaptation efforts are not just necessary for resilience but are also key to unlocking economic opportunities," said the Minister.

 

Uganda Assumes Role of Co-Chair of the Coalition of Finance Ministers For Climate Action

 

Musasizi who was accompanied by Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi and other technical staff said Finance Ministers must integrate climate goals into fiscal policy, budgeting, planning and debt management, in addition to mobilizing both public and private resources.

He said Uganda will work in close partnership with all the 98 member countries and Institutional partners including the World Bank and International Monetary Fund.