Uganda has stepped up as co-chair of the Climate Action Finance Ministers Coalition during spring meetings between the World Bank Group and the IMF in Washington, D.C. The Netherlands will lead the group alongside Uganda. State Finance Minister Henry Musasizi accepted this position from Indonesia's Finance Minister Sri Mulyani Indrawati.
Musasizi thanked members for their trust and promised to advance shared climate and economic aims. During its leadership term, Uganda plans to focus mainly on adaptation efforts. The country believes these measures build resilience and create new economic chances.
Musasizi stressed that finance ministers must integrate climate goals into fiscal policies, budgeting practices, planning systems, and debt management approaches. They must also gather resources from both the government and business sectors. Uganda has committed to working closely with all 98 member nations and partner groups like the World Bank and the IMF.
Musasizi thanked members for their trust and promised to advance shared climate and economic aims. During its leadership term, Uganda plans to focus mainly on adaptation efforts. The country believes these measures build resilience and create new economic chances.
Musasizi stressed that finance ministers must integrate climate goals into fiscal policies, budgeting practices, planning systems, and debt management approaches. They must also gather resources from both the government and business sectors. Uganda has committed to working closely with all 98 member nations and partner groups like the World Bank and the IMF.
