The Global Innovation Lab for Climate Finance is currently accepting proposals for innovative finance solutions that can unlock investment to tackle some of the most difficult climate and sustainable development challenges, especially those that also support a post-COVID, green economic recovery. Selected ideas, announced in February 2021, receive over 7 months of intensive instrument design, market analysis and funder/investor/implementation partner networking support.
- Benefits of Lab support (valued in excess of USD 250,000)
- Lab process
- Selection criteria
- Priority areas for this cycle
We also review case studies from previous cycles and end with a Q&A session.
For the 2021 cycle, there is a special call for ideas that target sustainable energy access and sustainable cities, and for ideas that address climate action in Brazil, India and Southern Africa. The Lab also welcomes ideas that target other climate mitigation and adaptation sectors and developing economies.
In six years, the Lab has launched 49 innovative financial instruments that have collectively mobilized more than USD 2.2 billion for climate action.