THE LAB'S IMPACT

In five years, the Lab has launched 35 innovative solutions to drive investment to action on climate change and sustainable development. Our annual impact report highlights the progress and key milestones achieved so far. 

Read the 2019 Impact Report

Lab solutions have mobilized $1.9 billion in sustainable investment to date. They represent a range of financial innovations that are led by enterprises, fund managers, market experts, and others, that are all structured to tackle investment barriers for climate projects in the most critical regions and sectors, including in:

Renewable energy

Cities & transport

Energy access

Climate risk

Energy efficiency

Water, land use & agriculture

Each Lab instrument is helping to achieve multiple Sustainable Development Goals. 

Number of Lab instruments by SDG:

Instrument in Action: Long-Term FX Risk Management

Long-Term FX Risk Management, a 2015 Lab instrument, has hedged $240 million of climate-related investment in 11 countries. Many of the supported projects have multiple SDG benefits.

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Lab instruments have successfully mobilized critical  investment from the private sector, totaling more than $910 million.

More than 90% of measured private finance has come from institutional investors and commercial banks. A small amount has also come from private equity investors.

Private investors also co-invest in projects on the ground, which is more difficult to measure.

 

Instrument in Action: Climate Investor One

Climate Investor One, a financing facility for early-stage development for renewable energy projects in developing countries, has reached final close at $850 million, of which more than half is private investment.

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Initial investments from the Lab Member network have catalyzed more than six times their amount from other investors. See the full list of Lab Members here.

million

in original investment by Lab Member institutions

billion

in investment catalyzed from other investors

The Lab’s three ingredients for taking ideas to impact are:

Public-Private Collaboration

Strengthened partnership between the public and private sectors builds capacity and knowledge to identify and deploy effective climate finance solutions.

Innovative & Transformative Solutions

Innovative, actionable, catalytic, and financially sustainable solutions reduce risks and barriers to investment in sustainable development.

Mobilizing Finance

Catalytic finance from Lab Members and the broader network enables piloting and implementation of transformative solutions.

Proponents are supported throughout the Lab process and beyond.

Selected Lab ideas receive $250k in in-kind analytical and communications support from the Lab Secretariat, Climate Policy Initiative.

Ideas receive guidance and support from over 60 expert Lab Member institutions and investors in government, the private sector, development finance, and philanthropy. Lab Members contribute expertise, political capital, and financial capital.

After endorsement and launch, Lab instruments benefit from continued support from the Lab Secretariat, including bespoke analytical support and continued connections with the Lab investor network and beyond.

Find out more about the Lab process here.

Instrument in Action: CRAFT

CRAFT is the first commercial investment vehicle to focus on technologies and solutions for climate adaptation. The Lab helped refine the blended fund structure, and facilitated introductions to key investors and funders.

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“Supporting the core principles of the NDF strategy, the Lab provides a good channel for NDF to identify innovative climate financing initiatives for further financing and development in the risky early phase.” 

Leena Klossner, Vice President, Nordic Development Fund

“By providing early stage analysis and market scoping for bold concepts, the Lab plays a vital role in bringing innovative mechanisms to market, and has moved forward vehicles that Convergence has  been able to engage with at a later stage.” 

Joan Larrea, CEO, Convergence

“The Lab is a great example of how a focused, technical, and collaborative approach can identify and leverage innovative business solutions to some of the greatest challenges we face as society.”

Karine Bueno, Head of Sustainability / CSR, Santander

“The Lab brings together a diverse set of stakeholders, skills, and perspectives, and through active knowledge sharing, discussion and debate, helps accelerate the commercialization of viable ideas.”

Alan Synnott, Managing Director, BlackRock Real Assets

Read the 2019 Impact Report

Meet the New 2019 Ideas