The Coalition of Finance Ministers for Climate Action will continue to drive the topic of fossil fuel subsidy reform, including by sharing lessons learned from its member countries, and supporting members to measure, reform and phase-out fossil fuel subsidies. Furthermore, the Coalition will work with member countries and Institutional Partners on the compatibility and comparability of methodologies for the measurement of fossil fuel subsidies, and facilitate peer exchanges on the specific, practical barriers to phase out subsidies and how to overcome them, including in regional and international fora. Finally, the Coalition will also seek to facilitate further dialogue across countries to enable the removal of subsidies enshrined in international treaties, and possible regional coordination of carbon pricing in order to mitigate spillover effects.