Belém, Brazil, November 11, 2025 – The Global Green Growth Institute (GGGI) and the NDC Partnership co-hosted the COP30 side event “The Missing Link: Macroeconomic and Finance Dimensions in Climate Planning” at the NDC Partnership Pavilion. The discussion highlighted how countries can strengthen climate strategies by embedding macroeconomic and financial analysis into planning and implementation. The event was moderated by GGGI’s Côte d’Ivoire country representative, Olola Vieyra. 

Opening the session, Ms. Amanda McKee, Head of Knowledge at the NDC Partnership, emphasized that climate commitments increasingly carry economic and fiscal implications. She underscored the importance of assessing potential impacts on productivity, employment, competitiveness, and public finance to ensure that Nationally Determined Contributions (NDCs) can be effectively incorporated into national development planning and budget frameworks. 

Building on this context, Dr. Stelios Grafakos, Principal Economist at GGGI, presented GGGI’s upcoming guide on Aligning Climate and Economic Planning, A Guide for Integrating Macroeconomic and Financial Dimensions, which offers a practical step-by-step approach for integrating macroeconomic, financial, and fiscal dimensions while moving from climate planning to implementation. The guide addresses persistent gaps, including fragmented policymaking, limited cross-ministerial coordination, weak pipelines of investment-ready projects, and gaps in analytical tools and capacity. It aims to support governments in translating high-level climate commitments into coherent and implementable investment pathways. 

Government representatives also shared their experiences. Dr. Sam Mugume of Uganda’s Ministry of Finance outlined how climate shocks affect growth, revenue, and expenditure, underscoring the importance of fiscal risk assessments and macroeconomic modeling. Prof. Georges Kouadio from Côte d’Ivoire’s Ministry of Environment and Sustainable Development described efforts to integrate climate considerations into the National Development Plan, supported by improvements in data systems and science–policy collaboration. 

From the Climate Compatible Growth research program, Dr. Vivienne Foster presented analytical tools, which will help countries assess financing options, available financing instruments and sources, and cost-of-capital implications for climate investments. 

The session underscored that aligning climate ambition with macroeconomic realities and financing opportunities is essential as countries move from climate plans to implementation. 

PHOTO CAPTIONS:
Top: Dr. Stelios Grafakos, Principal Economist at GGGI, presented GGGI’s upcoming guide on Aligning Climate and Economic Planning, A Guide for Integrating Macroeconomic and Financial Dimensions.

Featured Image: GGGI and the NDC Partnership co-hosting the COP30 side event “The Missing Link: Macroeconomic and Finance Dimensions in Climate Planning”.