Global Innovation Lab

for Climate Finance

About

Private investors – often supported by public policy and finance – are already channeling significant amounts of money into the low-carbon economy in countries around the world, but much more investment is needed in order to tackle the climate challenge.

Well-designed financial instruments and appropriate public support that reduce private investors’ risks and improve their financial returns could play a central role in global efforts to address the adaptation and mitigation needs of developing countries.

The Global Innovation Lab for Climate Finance catalyzes this process by drawing on experience and expertise from around the world to identify, design, and pilot the next generation of climate finance instruments. These instruments provide concrete solutions to financing challenges faced in real projects and can build new markets, attract new investors, and help to unlock billions of dollars in new climate-friendly investments in developing countries.

The Global Lab is part of broader government and private sector efforts to scale up climate finance. Given the urgent need to tackle climate change, governments are looking to use public resources to mobilize far greater private investment. The Lab helps by bringing public and private sector representatives together in a dialogue to enable a shared understanding of goals and perspectives and work together to identify barriers and solutions to mobilizing investment. It moves quickly from talking to action by accelerating promising climate finance proposals so that they are ready to implement. By developing these project-ready solutions, it complements and feeds-in to existing processes such as the UNFCCC, NDC commitments, Green Climate Fund, climate disclosure, and impact investment efforts.

The Global Lab has served as the incubator and model for regional programs in India and Brazil.

Members

Global Lab Steering Group

Marnix Segers
Climate Finance Coordinator, Dutch Ministry of Foreign Affairs

Norbert Gorißen
Head of International Climate Change, Federal Ministry for Environment, Nature Conservation, and Nuclear Safety (BMU), Germany

Susan Krohn
Head of Financing, International Climate Action, Federal Ministry for Environment, Nature Conservation, and Nuclear Safety (BMU), Germany

Sarah Zügel
Speaker, Climate Finance, Federal Ministry for Environment, Nature Conservation, and Nuclear Safety (BMU), Germany

Clare Boland Ross
Managing Director, The Rockefeller Foundation

Adam Connaker
Director, The Rockefeller Foundation

Mats Åberg 
Senior Policy Specialist, Unit for Global Sustainable Economic Development, Swedish International Development Cooperation Agency (Sida)

Nawar Al-Ebadi
Programme Officer, Department for Partnerships and Innovations, Swedish International Development Cooperation Agency (Sida)

Kavi Unadkat
Department for Business, Energy and Industrial Strategy, United Kingdom

Alice Caravani
Senior Climate Project Manager, Department for Business, Energy and Industrial Strategy, United Kingdom

 

Global Lab Principals and Advisors


Paddy Padmanathan – Lab Principal
President & CEO, ACWA Power

Thierry Tardy – Lab Advisor
Executive Director, Acquisition and Project Finance, ACWA Power


Sameh Shenouda – Lab Principal
Executive Director and Chief Investment Officer, Africa Finance Corporation (AFC)

Kome Johnson-Azuara – Lab Advisor
Associate Vice President, Africa Finance Corporation (AFC)


Stefan Nalletamby – Lab Principal
Director, Financial Sector Development Department, African Development Bank (AFDB)

Anthony Nyong – Lab Advisor
Division Manager, Climate Finance, African Development Bank (AFDB)

Monojeet Pal – Lab Advisor
Energy, Environment and Climate Change Department, African Development Bank (AFDB)

Gareth Phillips – Lab Advisor
Division Manager, Climate Finance, African Development Bank (AFDB)


Remy Rioux – Principal
Chief Executive Officer, Agence Française de Développement (AFD)

Carl Bernadac – Lab Advisor
Deputy Regional Director, Agence Française de Développement (AFD)

Estelle Mercier – Lab Advisor
Deputy Head, Climate Finance and Partnerships, Agence Française de Développement (AFD)

Damien Navizet – Lab Advisor
Head of the Climate Change Division, Agence Française de Développement (AFD)


Dr. Claus Stickler – Lab Principal
Managing Director, Allianz Climate Solutions

Martin Ewald – Lab Advisor
Managing Director, Allianz Climate Solutions


Julia Feeney – Lab Principal
Assistant Secretary, Australia Department of Foreign Affairs and Trade (DFAT)

Richard Bontjer – Lab Advisor
Public Financial Management Director, Australia Department of Foreign Affairs and Trade (DFAT)

Jillian Grayson – Lab Advisor
Assistant Secretary, Australia Department of Foreign Affairs and Trade (DFAT)


Alexandra Liftman – Lab Principal
Global Environmental Executive, Bank of America

Abyd Karmali – Lab Advisor
Managing Director, Climate Finance, Bank of America


Teresa O’Flynn – Lab Principal
Global Head of Real Assets Sustainable Investing, BlackRock

Alan Synnott – Lab Principal
Director, BlackRock

Rael Mcnally – Lab Advisor
Associate, Blackrock


Márcio Macedo – Lab Advisor
Managing Partner, Environmental Department, Brazilian Development Bank (BNDES)

Raphael Stein – Lab Advisor
Environmental Engineer, Environmental Department, Brazilian Development Bank (BNDES)


Peter Sweatman – Lab Advisor
Chief Executive and Founder, Climate Strategy & Partners


Hanne Jersild – Lab Advisor
Chief Advisor, Danish Ministry of Energy, Utilities and Climate


Tomas Anker Christensen – Lab Principal
Climate Ambassador, Danish Ministry of Foreign Affairs

Theo Larsen – Lab Principal
Chief Advisor, Danish Ministry of Foreign Affairs

Jens Fugl – Lab Principal

Chief Councellor Climate Finance, Danish Ministry of Foreign Affairs

Dan Cleff – Lab Advisor
Deputy Director, International Relations Department, Denmark’s Export Credit Agency (EKF)

Mariane Søndergaard-Jensen – Lab Advisor
Director, International Relations Department, Denmark’s Export Credit Agency (EKF)


Paul Currie – Lab Principal
Chief Investment Officer, Development Bank of Southern Africa (DBSA)

Catherine Koffman – Lab Advisor
Group Executive, Project Finance Infrastructure, Development Bank of Southern Africa (DBSA)


Idsert Boersma – Lab Principal
Director, Dutch Development Bank (FMO)

Linda Broekhuizen – Lab Principal
Chief Executive Officer, Dutch Development Bank (FMO)


Andrew Pidden – Lab Principal
Managing Director, Head of Sustainable Investments, DWS

Murray Birt – Lab Advisor
Senior ESG Strategist, DWS

Anne-Katrin Gruenewald – Lab Advisor
Fund Manager, Sustainable Investments, DWS

Michael Hoelter – Lab Advisor
Portfolio Manager, Sustainable Investments, DWS

Susanne Kern – Lab Advisor
Portfolio Manager, Sustainable Investments, DWS

Lada Strelnikova – Lab Advisor
Portfolio Manager, DWS


Teddy Mugabo – Lab Advisor
CEO, Fonerwa


Delphine Eyraud – Lab Advisor
Senior Policy Adviser, International Climate Negotiations, French Ministry of Ecology, Sustainable Development and Energy


Jonathan First – Lab Advisor
Managing Director, GFA Climate & Infrastructure


Juan Pablo Bonilla – Lab Principal
Manager, Climate Change and Sustainable Development Sector, Inter-American Development Bank (IDB)

Giovanni Leo Frisari – Lab Advisor
Climate Change Economist, Inter-American Development Bank (IDB)

Graham Watkins  – Lab Advisor
Acting Chief, Climate Change and Sustainability Division, Inter-American Development Bank (IDB)


Jyotsna Puri – Lab Principal
Director, Division of Environment, Climate, Gender and Social Inclusion, International Fund for Agricultural Development (IFAD)

Hisham Zehni – Lab Advisor
Senior Technical Specialist – Climate & Environment, Division of Environment, Climate, Gender and Social Inclusion, International Fund for Agricultural Development (IFAD)


Steve Baillie – Lab Advisor
Principal Financial Specialist, International Finance Corporation (IFC)

Anup Jagwani – Lab Advisor
Manager, Climate Finance and Policy, International Finance Corporation (IFC)


Ryutaro Murotani –  Lab Advisor
Deputy Head, Office for Global Issues and Development Partnership Operations Strategy Department, Japan International Cooperation Agency

Kotaro Taniguchi – Lab Advisor
Director, Office for Climate Change, Global Environment Department, Japan International Cooperation Agency


Toru Sugio – Lab Principal
Senior Deputy Director, Japan Ministry of Foreign Affairs


Barbara Schnell – Lab Principal
Senior Banker, KfW

Roland Siller – Lab Principal
Director General, KfW

Peter Hilliges – Lab Advisor
Head of Division Climate and Energy Policy Unit, KfW

Dr. Ylva Renner-Häberle – Lab Advisor
Director, KfW

Alexander von Kap-herr – Lab Advisor
Senior Sector Economist Climate Change, KfW


Michael Liebreich – Lab Principal
Chairman & CEO Liebreich Associates, and Founder & Senior Contributor, Bloomberg New Energy Finance


Mustapha Bakkoury – Lab Principal
President, Moroccan Agency for Solar Energy (MASEN)

Obaid Amrane – Lab Advisor
Management Board Member, Moroccan Agency for Solar Energy (MASEN)

Maha El Kadir – Lab Advisor
Communications Officer, Moroccan Agency for Solar Energy (MASEN)

Mohamed Sahri – Lab Advisor
Project Development Director, Moroccan Agency for Solar Energy (MASEN)


Georg Børsting – Lab Advisor
Policy Advisor, Norway Ministry of Foreign Affairs


Asne Vole – Lab Principal
Management Team, Norway Norfund


Dr. Mujawamariya Jeanne d’Arc – Lab Principal
Environment Minister, Republic of Rwanda, Ministry of Environment


Lisa Lee
Senior Associate, The Rockefeller Foundation


Kerstin Jonsson Cissé – Lab Principal
Director, Unit for Global Sustainable Economic Development, Swedish International Development Cooperation Agency (Sida)

Mats Åberg – Lab Advisor
Senior Policy Specialist, Unit for Global Sustainable Economic Development, Swedish International Development Cooperation Agency (Sida)

Nawar Al-Ebadi – Lab Advisor
Programme Officer, Department for Partnerships and Innovations, Swedish International Development Cooperation Agency (Sida)

Karin Lindblad – Lab Advisor
Senior Program Manager, Unit for Guarantees and Catalytic Financing for Development, Department for Partnerships and Innovations, Swedish International Development Cooperation Agency (Sida)


Ashufta Alam
Deputy Director, Department for Business, Energy and Industrial Strategy, United Kingdom


Daniel Kandy – Lab Advisor
Foreign Affairs Officer, US Department of State


Rowan Douglas – Lab Principal
Head, Capital Science & Policy Practice, Willis Towers Watson

Carlos Sanchez – Lab Advisor
Director, Climate Resilience Finance, Willis Towers Watson

David Simmons – Lab Advisor
Managing Director, Capital Science & Policy Practice, Willis Towers Watson


Global Lab Observers

Katie Sabo
Aon

Ping Cheh
Asian Infrastructure Investment Bank (AIIB)

Jane Ambachtsheer
Pieter Oyens
BNP Paribas

Andrea Fernandez
C40 Cities

Stacy Swann
Climate Finance Advisors

Adhiti Gupta
Joan Larrea
Convergence

Monica Scatasta
Council of Europe Development Bank

Adam Wolfensohn
Encourage Capital

Astrid Manroth
European Climate Foundation

Barbara Boos
European Investment Bank (EIB)

Andy Deacon
Amanda Eichel
Global Covenant of Mayors (GCOM)

Chizuru Aoki
Filippo Berardi
Global Environment Facility (GEF)

Babita Bisht
Tony Clamp
Green Climate Fund (GCF)

Marilyn Waite
Hewlett Foundation

Ken Locklin
Impax Asset Management

Isabel Leroux
Leena Klossner
Nordic Development Fund (NDF)

Bruce Cabarle
Partnerships for Forests (P4F)

Hans Loth
Joke Oudelaar
Rabobank

Olivia Coldrey

Sustainable Energy for All (SE4ALL)

Miroslav Delaporte
Swiss State Secretariat for Economic Affairs (SECO)

Adam Tomasek
U.S. Agency for International Development (USAID)

Climate Insurance-Linked Resilient Infrastructure Financing (CILRIF)

CILRIF is a novel offering of long-term (>10 years) municipal climate insurance, with known premiums dependent on municipal resiliency measures and a unique linked financial product to access capital for climate resilience.

Climate Smart Shrimp Fund

The Climate Smart Shrimp Fund provides loan packages, supported by a technical assistance facility, that enable shrimp farmers to transition to more sustainable and efficient production systems while simultaneously restoring mangrove ecosystems.

Green Affordable Housing Finance

Green Affordable Housing Finance deploys construction and mortgage loan guarantees alongside targeted enabling interventions to foster a locally driven and self-sustaining affordable housing finance ecosystem

The Fund for Nature

Africa's first debt fund for high-integrity, nature-based carbon projects.

Data-Driven Energy Access for Africa

Data-Driven Energy Access for Africa

The technology aggregates and leverages multiple data sources, including the customer repayment data and geospatial data layers, to understand portfolio and energy user risk at a more granular level, expanding access to capital for distributed renewable energy.

Aerial View of Lagos, Nigeria

The ACT Fund

A unique blended-currency fund that will refinance initial USD climate infrastructure investments with local-currency debt after projects are operational.

Esta Kanyombwe, a smallholder farmer and One Acre Fund client since 2016 from Senjele village in Tanzania

The Smallholder Resilience Fund

Simultaneous sustainable agriculture investments across an entire food system value chain to reduce the risk of failure at any one part of the supply chain and manage larger volumes.

Enabling Low Emission and Climate Resilient African Communities at Scale Through Credit Scoring Application

A credit scoring and portfolio monitoring application that helps distributed energy companies underwrite solar-powered productive use equipment and monitor portfolio health, by helping them identify low-risk lending opportunities to smallholders.

MaliVerde / MaliBuluu – The Savings Groups Nature-Based Solutions Climate Fund

A fund to increase small-scale producers’ climate resilience through improving their access to credit. The fund create a source of private investments into ecosystem management and restoration activities in climate-vulnerable communities.

Great Sea Reef Development Company (GSR DevCo)

An investment fund to support early-stage businesses and commercial projects contributing to the protection and restoration of the Great Sea Reef (GSR) in Fiji.

Accelerating Sustainable Public Lighting Africa

A rent-to-own delivery model to accelerate the installation of sustainable public lighting by overcoming financial barriers in areas that do not have resources for street lighting at all. The model finances, installs, owns and manages sustainable public lighting.

LandscapeCPR

The instrument is a sustainable farm development and asset management business to acquire and restore degraded farmland. Once developed, restored farms can be sold to either a cooperative of smallholders or a third-party buyer.

GreenStreet Africa Development Company

An energy as a service model to allow private ownership, operation and financing for distributed solar generation projects to supply Nigerian public facilities such as schools and hospitals with reliable on-site electricity. 

Photo by Marizilda Cruppe/ WRI Brasil

Monetizing Water Savings

The idea leverages a “pay-for-success” model to monetize water conservation, efficiency, and nature-based solutions, creating incentives and revenue streams in areas where users often lack the necessary financial resources.

Photo by Will Anderson/WRI

TerraFund | Rural Prosperity Bond

The bonds allow SMEs who sell products and services that support sustainable agriculture to offer their products to smallholders on financially reliable credit, helping tens of thousands of farmers to adopt regenerative practices currently beyond their reach.

Sub-National Climate Finance Initiative (SCF)

The instrument creates a blended investment vehicle that increases the flow of capital for mid-size (US $5-75M) sustainable urban infrastructure projects, which often struggle to find financing yet can have strong social and environmental impacts.

MaliBuluu / MaliVerde

A large scale grant fund mechanism for climate adaptation and mitigation projects for smallholder farmers and fishers in African countries, which supports multiple community-managed revolving credit facilities for small-scale producers in land and seascapes

Clean Energy Bank for Smallholder Farmers

A micro-finance bank/facility to offtake smallholder produce in exchange for enhanced energy access via solar irrigation pumps, with additional financial incentives for tree planting

Cocoa Climate Resilience Fund

A fund to accelerate climate adaptation measures for smallholder farmers in the cocoa sector in West Africa, such as shading and crop diversification

Pact Global Solar Fund

A fund to expand access to energy and accelerate economic development in emerging markets by providing low-cost consumer and small business finance solutions for solar home systems and productive use equipment

Blue Carbon Resilience Credit

A hybrid blue carbon and resilience credit, where corporations seeking to offset their carbon footprint can buy credits to fund coastal restoration and conservation projects

Capital Markets Solutions for Urban Resiliency

A bond mechanism to drive critical investment to climate resilience infrastructure in cities in Latin America, which pools small cities and municipalities to finance climate resilient projects

The West African Initiative for Climate Smart Agriculture

A dedicated blended finance fund providing financial and technical support to smallholder farmer organizations and agribusinesses to adopt climate-smart agriculture practices in West Africa

Blockchain Climate Risk Crop Insurance

A standardized, digital index crop insurance platform for smallholder farmers that addresses the impacts of climate change on crop production by making insurance more transparent, efficient, and scalable

Solar Securitization for Rwanda

A securitization which allows solar developers’ to obtain capital to expand their sales, meeting the clean energy access needs of African households

Restoration Insurance Service Company (RISCO)

A social enterprise that finances and manages implementation of mangrove restoration and conservation by capturing the financial benefits generated by reducing property damage risks and storing blue carbon

The Breathe Better Bond Initiative

A bond issue with tied in technical assistance and financial incentives for local governments to finance air pollution and GHG emission reducing urban infrastructure in emerging market cities

Cooling as a Service (CaaS)

A pay-per-service model to decrease energy consumption and greenhouse gas emissions from cooling systems in cities around the world, by making more efficient cooling technologies more accessible to customers

Pay As You Save for Clean Transport

A vehicle to accelerate investment in clean transit by lowering the upfront cost of electric buses, allowing a utility to capitalize the on-board battery and charging station for bus owners and recover its costs with a predictable monthly charge

Green Aggregation Tech Enterprise (GATE)

A vehicle to increase clean energy access through mini-grids in Sub-Saharan Africa, by addressing demand and revenue risk through a risk pooling guarantee

Smallholder Forestry Vehicle

A mechanism to scale up sustainable forestry in Africa through which investors buy portfolios of trees that have been planted by smallholders on degraded land, and recoup their investment once the trees are harvested and sold

Climate Resilience and Adaptation Finance & Technology Transfer Facility (CRAFT)

A fund that blends commercial and catalytic finance to invest growth equity in companies to accelerate the diffusion of climate intelligence products and resilience building solutions

Blue Energy Mechanism

A mechanism for restoration and conservation of cloud forests in Latin America, which can improve the productivity of hydroelectric plants

Renewable Energy Scale-Up Facility (RESF)

An innovative options mechanism to dramatically reduce risk and drive large amounts of private institutional investment into early-stage renewable energy development in emerging markets

Water Financing Facility

The Water Financing Facility mobilizes domestic investment into climate compatible water sector projects through the local bond market.

Greenfi | Climate-Smart Lending Platform

A platform to bring together the tools, actors, and finance necessary to help lenders incorporate climate risk in their loan portfolios while incentivizing the adoption of climate-smart farming methods by smallholders.

Oasis Platform for Catastrophe and Climate Change Risk Assessment and Adaptation

A platform to provide open access to data and open source modeling tools that enable risk assessments as well as the transparent evaluation of economic and financial losses associated with extreme climate-related events.

Energy Efficiency Enabling Initiative

A private equity fund that relies on donor-backed equity capital, technical assistance, and risk mitigation instruments to crowd in private investment in energy efficiency.

Small-Scale Renewables Financing Facility

An instrument to increase investment in small-scale renewables by increasing access to long-term debt and construction finance through a discounting facility” and a mezzanine facility

Clean Energy Investment Accelerator (CEIA)

A revolving working-capital fund to develop bankable renewable energy and energy efficiency projects combined with early-stage venture capital

Energy Savings Insurance

An instrument to insure the financial performance of energy efficiency savings projects in Mexico and other countries

Long-Term FX Risk Management

An instrument to provide tools to address currency and interest rate risk for climate relevant projects in developing countries

Agricultural Supply Chain Adaptation Facility

A facility to provide farmers with know-how and finance for climate-resilient investments, by enabling development banks to partner with agribusiness corporations who empower farmers within their supply chains

Renewable Energy Platform for Institutional Investors (REPIN)

A platform to facilitate institutional investment in renewable energy projects, aiming to increase the scale of available financing and to reduce its costs

Climate Investor One

A financing facility for early-stage development, construction financing, and refinancing to fast-track renewable energy projects in developing countries

Debt Fund for Prepaid Energy Access

A fund to lend to energy service providers of prepaid solar home system products and services, providing the necessary working capital to expand energy access in Sub-Saharan Africa

Global Renewable Independent Power Supplier (GRIPS)

An innovative renewable energy service company, building and operating a diversified portfolio of hybrid energy plants in remote areas in developing countries

The Lab at COP27: Catalyzing Investments for Resilient Smallholder Agriculture

October 28, 2022

Wednesday 9 November; 16:00 IFAD Pavilion Climate Policy Initiative, the Global Innovation Lab for Climate Finance, and ClimateShot Investor Coalition (CLIC) hosted a session that brought together leaders, implementers, and investors from initiatives working to mobilize finance into resilient smallholder agriculture globally. The event showcased success stories and discussed bankable opportunities to de-risk and invest […]

Webinar: the Lab Call for Ideas 2023

October 25, 2022

  The Global Innovation Lab for Climate Finance is accepting proposals for innovative climate finance solutions to accelerate the transition to a Net Zero economy. The deadline is December 26. In this webinar, we cover the following: – Application process – Selection criteria – Priority areas for this cycle – Benefits of Lab support (valued […]

El Global Innovation Lab for Climate Finance (Lab) lanza convocatoria para ideas innovadoras de financiamiento climático 

October 24, 2022

El Lab busca seis soluciones financieras innovadoras en fase inicial que puedan atraer inversiones sostenibles en mercados emergentes. Presente su aplicación aquí.   La clase del 2023 busca ideas que promuevan la igualdad de género a través del financiamiento climático  El Lab está ampliando su enfoque geográfico en África para incluir África Oriental São Paulo, 24 […]

Applications open for the Global Innovation Lab for Climate Finance 

October 24, 2022

The Lab is looking for six early-stage innovative finance solutions that can unlock climate investment in emerging markets. Apply here. Lab African program expands to include East Africa. New stream seeks ideas that advance gender equality through climate finance. London, 24 Oct 2022 – Today, the Global Innovation Lab for Climate Finance (the Lab) launched […]

Innovators launch 7 new climate deals ready for the market, from sustainable steel to methane capture to green, affordable housing

September 29, 2022

Seven instruments seek to unlock USD 1 billion for climate action in challenging sectors through financial innovation with insurance, guarantees, credit scoring, and other financial tools The Lab now has a portfolio of 62 instruments, which have mobilized over USD 3.3 billion in finance or climate action Virtual Demo Day will showcase solutions to investors […]

USADF and Nithio Award Blended Finance Funding to Enhance Access to Clean Energy in Kenya

June 28, 2022

2021 Lab proponent Nithio announced, with the U.S. African Development Foundation (USADF), financing to three African-owned enterprises that provide access to affordable and clean energy to households in Kenya. The three enterprises recently awarded financing as part of this partnership include Rafode Limited, SolarGen Technologies Limited, and VEP Enterprise Limited. In its third year, the […]

Op-Ed: Carbon Credits can be Used by Poor Farmers to Get Climate Insurance

June 28, 2022

Can we use carbon credits for poor farmers to get climate insurance? Jan Stockhausen, Chief Legal Architect at Etherisc and 2019 Lab proponent of Blockchain Climate Risk Crop Insurance, wrote about it for BeInCrypto. “The autonomous nature of blockchain insurance also improves the consumer experience, eliminating the need for the farmer to contact the insurance […]

Webinar: Climate Investment Opportunities – Updates from the Lab

May 11, 2022

  The Global Innovation Lab for Climate Finance hosted a webinar to showcase opportunities for investment and provide updates on the progress and status of past Lab instruments. “Climate Investment Opportunities – Updates from the Lab” took place on June 8, 2022, from 10 to 11:15 a.m. U.S. East Time on Zoom. Format Representatives from […]

Accelerating climate finance — Lab leads innovation in finance with 7 new deals from methane to affordable housing to climate-smart shrimp

March 3, 2022

LONDON – The Global Innovation Lab for Climate Finance (the Lab) has selected seven new climate finance ideas for its 2022 acceleration program. The Lab will develop cutting-edge financial concepts that tackle barriers to investment and unlock sustainable private financing in emerging economies. Pilots are planned for Brazil, India, Kenya, South Africa, and Southeast Asia. “The 2022 Lab […]

How private capital can be leveraged to fight climate change

February 9, 2022

Lab instrument The ACT Fund was featured in an article on the World Economic Forum website, authored by Brad Handler and Morgan Bazilian of the Colorado School of Mines, as an example of innovative approaches to using public funds can reorient their investment approaches to take on more risk and mobilize more private capital. Read: […]

Lab instruments mobilized USD 816 million in 2021

February 4, 2022

Lab instruments mobilized USD 816 million in 2021, making it the best Lab year so far for total mobilization figures. Since the Lab’s inception in 2014, Lab instruments have surpassed USD 3.2 billion in climate investments, with roughly USD 1 billion coming from the private sector.   Instrument Cycle USD Blockchain Climate Risk Crop Insurance […]

Abiogás chooses managers for biogas guarantee fund

February 2, 2022

2021 Lab proponent Abiogás launched an open call to select a manager for the Guarantee Fund for Biogas, Monitor Mercantil reports. The Guarantee Fund for Biogas is a new financial instrument to accelerate biogas investments in Brazil. Abiogas aims to reach 30 million m³/day of biomethane and invest more than BRL 10 billion (USD 2 […]

Lightsmith Group Closes Inaugural USD 186 Million Growth Equity Climate Fund, the First to Focus on Climate Resilience and Adaptation

February 2, 2022

2017 Lab proponent Lightsmith announced the final closing of Lightsmith Climate Resilience with USD 186 million of commitments. Lightsmith Climate Resilience is the first private equity fund to have focused on climate resilience and adaptation, investing in growth-stage technology companies that address the effects of climate change. The fund is based on an investment strategy […]

Lab portfolio surpasses USD 3 billion in sustainable investment

December 15, 2021

The 55 Lab-developed ideas have mobilized USD 3 bn in climate investments High engagement from the Lab’s member network of 70+ public and private financial institutions mobilized 6x in additional investment Recent portfolio progress includes investments in water and sanitation, clean energy, and climate adaptation The Lab is looking for new innovative ideas to develop […]

Lab ultrapassa marca de USD 3 bi em investimentos sustentáveis

December 15, 2021

Green FIDC, primeiro instrumento acelerado no Brasil, contribuiu com USD 50 milhões do montante com conclusão da captação esse ano Laboratório Global de Inovação em Finanças Climáticas já desenvolveu 55 instrumentos em áreas como agricultura sustentável, energia limpa e adaptação Inscrições para novas ideias inovadoras para 2022 estão abertas até 22/12 Londres – O Laboratório […]

CRAFT secures USD 100 milion from Green Climate Fund in adaptation finance for projects in six countries

November 25, 2021

Lab instrument CRAFT is one of the 13 new projects for mitigation and adaptation action selected by the Green Climate Fund (GCF) and has secured USD 100 million. From the original announcement: “GCF’s commitment of USD 100 million in catalytic capital to CRAFT will allow the programme to scale up adaptation finance and accelerate development, […]

From Concept to Commercialization: Accelerating Clean Energy Innovation in Emerging Economies

November 22, 2021

On November 9 2021 at COP26, Climate Policy Initiative participated in an event organized by UK BEIS on accelerating the commercialization of innovative approaches in developing countries, to support clean energy transitions and energy access. Dr. Barbara Buchner, Global Managing Director at Climate Policy Initiative (CPI), moderated the event which had the participation of various […]

Scaling Private Finance for Climate Risk Adaptation: Bridging the Resilience Gap

November 22, 2021

On November 8th, CPI organized an event at COP26 on scaling private finance for climate risk adaptation, with the objective of hearing from investors and implementers from the network of the Global Innovation Lab for Climate Finance (the Lab).  Dr. Barbara Buchner, Global Managing Director of CPI, which acts as Secretariat of the Lab, moderated the event, […]

Webinar: the Lab Call for Ideas 2022

November 15, 2021

  The Global Innovation Lab for Climate Finance is accepting proposals for innovative climate finance solutions to accelerate the transition to a Net Zero economy. The deadline for application is December 22. In this webinar, we cover the Lab’s 2022 cycle call for ideas and the program, including: – Benefits of Lab support – Lab […]

TerraFund for AFR100 launches at COP26

November 2, 2021

2020 Lab proponent World Resources Institute partnered up with One Tree Planted and Realize Impact to launch TerraFund for AFR100 at the UN climate conference in Glasgow, Scotland (COP26). Learn more about how it is funding 100 small-scale and locally led land restoration enterprises and non-profits across Africa at africa.terramatch.org.

The Lab at COP26

October 29, 2021

The Lab network will be represented at COP26 during events that will cover emerging instruments to drive sustainable finance, approaches to closing the investment gap for climate projects, and other topics. Private Finance for Climate Risk Adaptation: Bridging the Resilience Gap Monday 8 November; 9:30 – 10:15Benelux Pavilion At this event, hosted by the Global Innovation Lab […]

El Lab abre convocatoria para ideas innovadoras de financiación climática

October 22, 2021

Las ideas deben abordar los obstáculos a la inversión climática en los mercados emergentes y al mismo tiempo apoyar la transición a una economía de cero emisiones netas de carbono. Las ideas seleccionadas recibirán siete meses de diseño de instrumentos, análisis de mercado, apoyo en el financiamiento y acceso a una red de socios estratégicos […]

Lab abre inscrições para ideias inovadoras de investimentos sustentáveis no Brasil

October 22, 2021

Inscrições para o ciclo de 2022 podem ser feitas até 22 de dezembro Ideias escolhidas serão aceleradas pelo Lab durante sete meses para desenvolvimento de instrumentos financeiros para dar viabilidade às soluções apontadas Empresas com agenda ESG, ONGs, instituições financeiras, entidades e proponentes de qualquer outra natureza podem apresentar ideias inovadoras de soluções financeiras e de impacto […]

The Lab opens 2022 call for innovative climate finance ideas

October 22, 2021

Ideas should address barriers to climate investment in emerging markets while supporting a net zero economy transition Successful ideas will receive seven months of instrument design, market analysis, and funder, investor, and implementation partner networking support Apply here until 22 December 2021; selected ideas will be announced in March 2022  The Lab will host a webinar for […]

The Lab wins UN Global Climate Action Awards for Climate Financing

October 12, 2021

Award recognizes most innovative, scalable, and replicable examples of climate action Other than the Lab, the list of 11 winners includes Microsoft and the City of Paris Winning projects will be showcased during COP 26, in November BONN, Germany – The Global Innovation Lab for Climate Finance (the Lab) has won the special 10th anniversary edition […]

The Lab Demo Day 2021

September 30, 2021

 The Global Innovation Lab for Climate Finance hosted a virtual Demo Day on 20 October to present its 2021 groundbreaking climate finance ideas to the world. Each year, Lab ideas represent the latest and greatest in sustainable investment, and this year is no exception with over USD 300 million in philanthropic, concessional, and commercial […]

The Lab launches six new finance solutions to drive climate action towards a net zero economy

September 30, 2021

New instruments seek to unlock USD 380 million in climate finance for sustainable energy access, food systems, and urban infrastructure Virtual Demo Day will showcase solutions to investors on October 20 The Lab has now a portfolio of 55 instruments and celebrates USD 2.5 billion milestone in finance mobilized for climate action in developing economies […]

Webinar: Enhancing impact of AFOLU finance instruments

September 8, 2021

Download the presentation slides In the Climate Finance for Sustainable Agriculture: The Lab Webinar Series, developed for IFAD, the Lab presents some of its innovative financial instruments to catalyze greater investment into the sustainable agriculture sector, including key elements identified through the Lab development and updates on current status. Each one-hour session has an introductory segment followed by […]

Webinar: Investing in smallholders’ regenerative practices

August 10, 2021

Download the presentation slides In the Climate Finance for Sustainable Agriculture: The Lab Webinar Series, developed for IFAD, the Lab presents some of its innovative financial instruments to catalyze greater investment into the sustainable agriculture sector, including key elements identified through the Lab development and updates on the current status. Each one-hour session has an […]

Introduction to the Lab

August 6, 2021

Next October, the Global Innovation Lab for Climate Finance (the Lab) will open a call for innovative climate finance ideas that can unlock sustainable investments in emerging economies. Successful applications will be selected based on four criteria: actionability, innovation, catalytic potential, and financial sustainability.  These ideas receive over seven months of intensive instrument design, market […]

Global Innovation Lab for Climate Finance Launches New Program to Increase Impact Through Replication

May 10, 2021

The new program focuses on the scale-up of successful climate finance solutions in new markets For 2021, the Lab will support the replication of three initiatives from the Lab’s portfolio Brazil and India are the target markets for the new program’s first replication cycle LONDON – The Global Innovation Lab for Climate Finance (the Lab), the only climate finance incubator […]

Three Lab instruments with potential for replication in China

May 5, 2021

SAN FRANCISCO – In March, Climate Policy Initiative (CPI) hosted the workshop “The Potential for Scaling Innovative Climate Finance in China,” in collaboration with the German Society for International Cooperation in China (GIZ China). This workshop was part of a broader project supported by the Hewlett Foundation, which aims to build on CPI’s experience to […]

Brazil’s first FIDC and CRI issued as climate bonds raise USD 50 million (BRL 281.6 million)

April 8, 2021

RIO DE JANEIRO – Albion Capital and Órigo Energia announced the close of Green FIDC Solar GD, the first FIDC issued as a climate bond in Brazil, at USD 35.8 million (BRL 201.5 million). The announcement comes two weeks after the close of Brazil’s first Green CRI, a spinoff from the Green FIDC, which secured […]

The Lab selects six new ideas that create climate investment opportunities for a sustainable economic recovery in emerging economies

March 2, 2021

Selected ideas will tackle investment barriers in key sectors across Africa, Asia and Latin America Since 2014, the Lab has incubated 49 ideas that have mobilized USD 2.4 billion to date LONDON – The Global Innovation Lab for Climate Finance (the Lab) has selected six new climate finance ideas for its 2021 acceleration program. In the […]

Sub-national Climate Finance Initiative (Lab 2020) secures USD 150 mn commitment from GCF

December 4, 2020

The Lab is pleased to share the news that the Sub-national Climate Finance Initiative (SCF), one of the eight climate finance instruments incubated during the Lab’s 2020 cycle, has launched with an initial commitment from the Green Climate Fund (GCF) of up to USD 150 million for a first-loss tranche of the SCF’s investment fund […]

Research: Scaling Innovative Climate Finance Instruments–Experience from the Lab

November 18, 2020

Download the report: Scaling-Innovative-CF-Instruments-Nov-2020 The Global Innovation Lab for Climate Finance (The Lab) identifies, develops, stress tests, and helps launch innovative financial instruments that address investment barriers and drive private finance for energy efficiency, renewable energy, sustainable transport, climate smart agriculture, nature-based solutions, adaptation & resilience, and other sectors key to a sustainable economy. In […]

The Lab opens call for innovative climate finance ideas

November 6, 2020

Climate finance entrepreneurs can apply for the Lab’s 2021 development cycle Ideas should address barriers to climate investment in emerging markets, as well as challenges for a post-COVID, green economic recovery The deadline is 22 December 2020; selected ideas will be announced in February 2021 London, 06 Nov 2020 – Climate finance entrepreneurs from all […]

Convocatoria: Laboratorio Global de Innovación para el Financiamiento Climático busca ideas en América Latina

November 5, 2020

Emprendedores pueden presentar sus ideas para el ciclo 2021 del Lab Las ideas deben proponer soluciones a obstáculos para la inversión climática en sus países Soluciones para una recuperación económica sostenible son bienvenidas La fecha máxima para enviar ideas es el 22 de diciembre del 2020 Londres, 05 de noviembre de 2020 – Emprendedores enfocados […]

Lab abre inscrições de ideias inovadoras para atrair investimentos sustentáveis; ideias do Brasil têm programa especial

November 5, 2020

Empreendedores podem inscrever suas ideias de investimentos sustentáveis para o ciclo de 2021 do Lab Propostas com foco no Brasil são prioridade As ideias devem abordar as barreiras ao investimento sustentável, bem como os desafios para uma recuperação econômica verde pós-COVID O prazo para inscrição é 22 de dezembro; as ideias selecionadas serão anunciadas em […]

Webinar: seleção de soluções financeiras inovadoras para o Lab 2021

November 3, 2020

O Global Innovation Lab for Climate Finance está atualmente recebendo propostas de soluções financeiras inovadoras com potencial para atrair investimentos climáticos. Essas ideias devem ser capazes de enfrentar alguns dos desafios mais difíceis do clima e do desenvolvimento sustentável e atrair investimentos que também estimulem uma recuperação econômica verde pós-COVID. As ideias selecionadas serão desenvolvidas […]

Webinar: Scaling Innovative Climate Finance – Experience from the Lab

October 28, 2020

Date: Mon 23 November 2020 Time: 7a PT / 10a ET / 11a BRT / 16h CET Duration: 1 hour Register: Scaling Innovative Climate Finance Founded in 2014, the Global Innovation Lab for Climate Finance (“the Lab”) has incubated 49 innovative climate finance instruments that, collectively, have mobilized over USD $2.2 billion, including $800 million […]

Webinar: The Lab Call for Ideas 2021

October 28, 2020

Download the webinar slides here. 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 […]

Inside the scramble for solar financing as frontline public health clinics confront COVID

October 7, 2020

Lab instrument GreenStreet Africa was featured in an ImpactAlpha focus piece on the severe energy access gap for the majority of frontline public health clinics in sub-Saharan Africa, which don’t have electricity for refrigerators and medical devices, to charge phones and laptops, or even to provide lighting so doctors, midwives and other health workers can […]

The Lab launches eight new finance solutions to drive climate action and green recovery

September 28, 2020

Today, the Global Innovation Lab for Climate Finance (the Lab) launched eight innovative finance solutions to drive private resources to climate action in developing economies. After a thorough process of analysis, development and stress-testing, these solutions are ready to provide investment opportunities for a post-COVID, green economic recovery. The Lab, an initiative of over 60 […]

Forbes: Meet The Entrepreneur Whose Kenyan ‘Airbnb For African Forests’ Just Raised $28 Million

July 29, 2020

2018 Lab proponent Komaza has secured the first close of $28m of the company’s planned $33m Series B equity financing. This is one more step towards fundraising for the Smallholder Forestry Vehicle. “Komaza is a vertically integrated forestry company. We work on the entire chain of forestry, we own and operate the largest seedling nursery […]

PAYS for Clean Transport: Analysis for Bus Electrification in Lima

May 28, 2020

28 May 2020 Lab instrument PAYS for Clean Transport recently released a study on the feasibility of electric bus conversion in Lima, which has one of the highest levels of air pollution in Latin America. Potential cost and carbon savings are significant. Congrats to proponent Clean Energy Works, with a big thanks to our friends […]

Live Q&A: How to improve smallholders’ access to finance in sustainable farming systems

May 27, 2020

Download presentation As a part of Global Landscape Forum Digital Summit, CPI Senior Analysts Daniela Chiriac and Tatiana Alves participated in a live Q&A session on how to improve smallholders’ access to finance in sustainable farming systems.  Five entrepreneurs from the Lab joined the session to share their practical experience in developing climate finance instruments […]

Water Finance Facility (WFF) signs MoU with WaterworX to expand sustainable water facilities in Kenya

April 16, 2020

Water Finance Facility, endorsed by the Lab in 2016, has signed an MoU with WaterworX to realise cooperation in the Kenyan Water and Sanitation sector. Beyond Kenya, WFF and WaterWorX will partner to build sustainable water facilities in developing countries and help achieve SDG 6 targets by strengthening the capacity of local counterparts to generate […]

Five trees or a latte?

April 7, 2020

2020 Lab finalist GROVE: Forestry Smart Ledger was featured by Reuters, in an article highlighting the catalytic potential of the instrument. GROVE “plans to launch an app and website in the next six months using blockchain technology to crowdsource donations for mangrove restoration projects across India and Southeast Asia that would add 1 billion mangrove […]

BASE announces winners of first CaaS incubator

March 18, 2020

Lab proponent BASE has announced the winners of the CaaS incubator, which aims to help organizations implement the innovative and disruptive Cooling-as-a-Service (CaaS) model, endorsed in 2019 by the Global Innovation Lab for Climate Finance. Applications for CaaS incubator projects were due 14 February. BASE received an enthusiastic response from around the world, and five […]

New Energy Nexus grows investment to build cKers Finance Sustainable Energy Bond

March 12, 2020

New Delhi — New Energy Nexus recently announced that it is increasing its exposure in India by investing in the cKers Finance Sustainable Energy Bond (SEB), a specialized green bond instrument developed in partnership with the Global Innovation Lab for Climate Finance (the Lab). “Overall, cKers Finance has helped deploy over $30 million in the last […]

The Lab selects new green finance instrument to drive sustainable investment in India

March 5, 2020

India program also welcomes new members GoMassive Earth Network and RIDA Capital, and new observers AGNi and Startup India March 5, New Delhi – Today, members of the Global Innovation Lab for Climate Finance (the Lab) announced the top green finance idea in India, among the eight winners of its annual competition.  The Lab is […]

The Lab announces 2020 program winners to mobilize investment for sustainable cities, energy access, nature-based solutions, and sustainable agriculture

March 5, 2020

Mar 5, 2020 LONDON – The Global Innovation Lab for Climate Finance (the Lab), an investor-led initiative that identifies, develops, and launches promising solutions to drive critical public and private investment to action on climate change in developing countries, has selected its top eight ideas for 2020, the 6th year of its annual competition. The Lab […]

The Lab Among Top 100 Proposals Eligible for MacArthur $100 Million Grant

February 20, 2020

San Francisco, California, United States — The MacArthur Foundation today unveiled The Global Innovation Lab for Climate Finance (the Lab) as one of the top 100 highest-scoring proposals in its second 100&Change competition for a single $100 million grant to help solve the world’s most critical social challenges. This is the second time MacArthur has […]

Lab proponent BASE to host matchmaking event for Cooling as a Service in Cape Town

February 13, 2020

Lab proponent BASE is hosting the first-ever matchmaking event for Cooling as a Service, March 9 in Cape Town. The event will include round table sessions to help South African providers, end-users, and funders of cooling technology learn more about the CaaS model. Read more about the CaaS matchmaking event and register here. ————– CaaS […]

BASE launches Cooling as a Service Incubator and opens call for applications

January 21, 2020

Lab proponent BASE is accepting applications for the recently launched Cooling as a Service (CaaS) Incubator. It aims to help organizations implement the innovative and disruptive CaaS model, endorsed in 2019 by the Global Innovation Lab for Climate Finance. Learn more about the CaaS Incubator and apply by February 14th here. — BASE announces call for […]

The Lab’s 41 climate finance instruments accomplish $2 billion in sustainable investment

December 9, 2019

Since 2014, the Global Innovation Lab for Climate Finance has launched 41 innovative climate finance instruments that have collectively mobilized $2 billion in investments from public and private investors. It is currently accepting ideas of innovative instruments for the 2020 cycle. 13 December 2019 London – This week, as world leaders gather in Madrid for […]

Lab busca ideias inovadoras de instrumentos financeiros para o ciclo 2020

November 21, 2019

O Global Innovation Lab for Climate Finance (Lab) está buscando ideias de instrumentos inovadores de investimento sustentável para projetos de mitigação e adaptação climática em países em desenvolvimento. Este ano, há uma chamada especial para ideias de acesso à energia sustentável, cidades sustentáveis, agricultura sustentável e soluções baseadas na natureza, e com foco em Brasil, […]

The Lab at COP25

November 20, 2019

Experts from the Lab network will host and present at several events at COP25 that cover the Lab and innovative instruments to drive sustainable finance, as well as the global landscape of climate finance, climate alignment in the financial sector, approaches to closing the investment gap for urban subnational climate projects and infrastructure, and other […]

Webinar: The Lab Call for Ideas 2020

November 19, 2019

 Download here the presentation for this webinar. The Global Innovation Lab for Climate Finance is currently accepting proposals for financial instruments that can unlock investment to tackle some of the most difficult sustainable development challenges. In five years, the Lab has launched 41 innovative financial instruments that have collectively mobilized nearly US$ 2 billion […]

The Lab partners with the Sustainable Innovation Forum at COP25

November 15, 2019

The Global Innovation Lab for Climate Finance (the Lab) is pleased to announce a partnership with the 10th Sustainable Innovation Forum 2019 convened alongside the UNFCCC’s COP 25. The Forum has a reputation as one of the largest business focused event at COP, facilitating direct engagement between private and public sector leaders. As an official […]

BASE has launched the Cooling as a Service Alliance

November 7, 2019

Cooling as a Service (CaaS), endorsed by the Lab in September as part of the 2019 cycle, is launching the CaaS Alliance, a partnership between technology providers, cooling customers, investors, and other stakeholders in the model. The alliance aims to create a collaborative environment between stakeholders active in the market as well as facilitators to […]

The New Times: Rwanda’s solar energy ambition receives $9 million boost

October 7, 2019

The 2019 Lab Instrument Solar Securitization for Rwanda was featured in The New Times, a newspaper from Rwanda. The article describes how the instrument fits into the country’s energy ambition and says that “by 2024, off-grid solutions will contribute up to 48 percent of national electrification”. It also explains how the mechanism is a solution […]

Business Green: Major investors embark on green farming, cities, and clean energy financing drive

October 7, 2019

Business Green, a UK’s specialized media outlet on green economy and environmental issues, has published a note about the Lab’s 2019 endorsement meeting, which took place on October 2nd at The Rockefeller Foundation, in New York. It quotes Lab director Barbara Buchner, also executive director of the Climate Policy Initiative, saying the projects would unlock investment […]

Investors launch new solutions for climate action targeting blue carbon, clean energy access, sustainable agriculture, and sustainable cities in developing countries

October 2, 2019

Today, the Global Innovation Lab for Climate Finance announced the endorsement and launch of six innovative financial instruments for climate-related projects in developing countries. The Lab, an initiative of over 60 public and private investors and institutions, accelerates much-needed investment solutions to support developing countries to meet their climate change and sustainable development goals. Created […]

Forbes: How Private Equity Can Fight Climate Change

September 25, 2019

Forbes interviewed Jay Koh, Co-founder and Managing Director of The Lightsmith Group and the proponent of 2017 Lab instrument CRAFT (Climate Resilience and Adaptation Finance & Technology Transfer Facility). He talked about how private equity can help address the risks of climate change. “All investments will be impacted by climate risk, and investments in every […]

Marketplace: At UN Climate Summit, both anger and the need for money are palpable

September 25, 2019

Marketplace published an article about the UN Climate Summit telling how climate finance is a much more tangible topic than it used to be just five years ago. The publication quotes Barbara Buchner, Executive Director of the Climate Finance program at Climate Policy Initiative. She explains that climate finance is taking climate into account when […]

Apolitical: Inside the innovation lab solving climate financing

September 25, 2019

Apolitical spoke with Ben Broche, program manager of the Lab, about the many climate finance instruments incubated by the Lab and how it “aims to create sustainable development financial products that are innovative to attract private investors and donor governments.” The article mentions solutions developed by the Lab, like Cloud Forest Blue Energy Mechanism and Restoration […]

2018 Lab instrument DESH signs MoU with municipality of Belo Horizonte

August 19, 2019

An instrument from the Lab’s 2018 cycle, Distributed Energy for Social Housing (DESH) signed a memorandum of understanding with the municipality of Belo Horizonte on July 22nd. DESH offers cheaper distributed solar energy for low-income tenants. Through this partnership, PopLuz, the implementing product of DESH, is registering potential customers among residents of popular housing. Proponents Endless and […]

Instrumento do Lab de 2018, DESH assina parceria com prefeitura de Belo Horizonte

August 19, 2019

Instrumento lançado pelo Lab no Brasil em 2018, Distributed Energy for Social Housing (DESH) assinou um memorando de entendimento com a prefeitura de Belo Horizonte, no dia 22 de julho. O serviço oferece energia solar mais barata a condomínios de baixa renda. Através da parceria, o PopLuz, produto comercial resultante do DESH, fará o cadastro […]

Climate Investor One, 2015 Lab instrument, reaches final close at USD 850 million

June 21, 2019

Climate Fund Managers today announced the final close of the Climate Investor One Stichting Development Fund and Coöperatief Construction Equity Fund U.A. at a combined USD 850 million. The fund focuses on financing for renewable energy in emerging markets and estimates it will support renewable energy delivery to 13 million people. The fund model was […]

Investor initiative chooses ideas that will mobilize investment for sustainable cities, energy access, blue carbon, and sustainable agriculture

March 5, 2019

LONDON – The Global Innovation Lab for Climate Finance, an investor-led initiative that identifies, develops, and launches promising solutions to drive critical investment to action on climate change in developing countries, has selected its top six ideas for 2019. At a time when large-scale action on climate change is more urgent than ever before, the […]

Germany invests EUR 50 million in Lab proponent TCX for long-term FX risk management

December 11, 2018

11 December 2018 The Currency Exchange Fund (TCX) has announced that the German Federal Ministry of Environment, Nature Conservation and Nuclear Safety (BMU) has invested EUR 50 million in TCX up to 2045. EUR 20 mln is a new investment and EUR 30 mln is an extension of 20 years of an existing investment into […]

IFAD and the Lab launch new partnership to drive finance to African smallholder farmers combating climate change

September 28, 2018

28 September, 2018 New York — Today, in the margins of the United Nations General Assembly, the Global Innovation Lab for Climate Finance (the Lab) and the International Fund for Agriculture Development (IFAD) announced a new partnership that will help build climate resilience for smallholder farmers in Central and West Africa by developing and scaling […]

Oasis Platform to be used for catastrophe modelling in the Philippines and Bangladesh

August 1, 2018

2016 Global Lab instrument Oasis, an open source catastrophe modelling platform, is pleased to announce a major project funded by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) for the co-development of catastrophe models for flood in the Philippines and windstorm in Bangladesh. Oasis’ […]

Climate Investor One Third Close at USD 535 Million

June 21, 2018

Climate Fund Managers, the fund manager of the innovative blended finance facility Climate Investor One (CIO), announces the Third Close at USD 535 million.  The Third Close increases the facility by an additional ca. USD 75 million. Climate Investor One, a 2015 Global Lab instrument, launched in partnership between FMO, the Dutch Development Bank, and […]

Landscape News: Blue energy initiative restores cloud forests, boosts hydropower

May 16, 2018

Many companies are taking steps to lower their impact on the environment, but what if a greater number could be convinced that investing in restoration was worth their while? For environmentalists it is a compelling idea, and a new initiative by The Nature Conservancy (TNC) and Conservation International (CI), incubated by the Global Innovation Lab for Climate Finance, proposes to […]

CRAFT, a 2017 Global Lab instrument, receives USD 1.6 million from Nordic Development Fund and Global Environment Facility

November 13, 2017

Bonn, Germany – November 13, 2017 View the original press release from the Lightsmith Group here. The Lightsmith Group (Lightsmith) –  the proponent of the 2017 Global Lab instrument CRAFT – today announced that it is receiving $1.6 million in funding from Nordic Development Fund (NDF) and the Global Environment Facility (GEF). Conservation International is the GEF […]

Dinheiro Vivo: Inovação portuguesa no financiamento do clima apresentada em Nova Iorque

September 22, 2017

Get2C foi distinguida pela competição internacional The Lab, cuja sessão de apresentação decorre à margem da Semana do Clima de Nova Iorque. Read more: https://www.dinheirovivo.pt/empresas/inovacao-portuguesa-no-financiamento-do-clima-apresentada-em-nova-iorque/

Reuters: Climate investment incubator branches out into cloud forests, cattle ranches

September 22, 2017

Latin American cloud forests, energy-saving street lights in Rio de Janeiro and sustainable cattle ranching in the Amazon will get a boost from new financial instruments to channel capital for tackling climate change, their backers said. The Lab, a network of programs that incubates sustainable finance mechanisms, expects to attract an initial $855 million to […]

Climate Investor One announces first close at USD 412mn

June 27, 2017

Climate Investor One is the inaugural financing facility launched by Climate Fund Managers (CFM), and incubated and developed within the auspices of the Global Lab. It is the first of an intended series of climate finance initiatives designed to combat the detrimental effects of unmitigated climate change. CIO will provide expertise, technology & financing to […]

Open Data Hub Launches with Aims to Narrow $125 Billion Natural Hazard “Protection Gap”

June 7, 2017

The Launch of Oasis HUB introduces a transparent data exchange to accelerate the ability of communities to adapt and protect themselves against the worst disasters, backed by funding from Climate-KIC and H2020. The Oasis Platform was endorsed in June 2016 by the G7-backed Global Innovation Lab for Climate Finance in light of its transformative potential. […]

Closing the Climate Protection Gap through Collaboration & Open Data

June 5, 2017

Total economic losses to property and infrastructure from natural disasters have averaged around USD $180 billion annually in the last decade, 70% of which are uninsured (Swiss Re, 2015). Ever-increasing climate-related disasters are driving up insured and uninsured losses, placing the insurance sector under threat, and creating significant problems for those sectors involved in maintaining […]

Netherlands Government commits EUR 10mn to Water Financing Facility, marking a milestone for water finance and climate adaptation

April 26, 2017

New York, April 26, 2017— Today, during a meeting of the Global Innovation Lab for Climate Finance, the Dutch government announced EUR 10mn for an innovative facility that will enable private finance for otherwise difficult-to-fund water projects in emerging markets, starting with Kenya. This news marks a key milestone in financing for water and climate […]

Wall Street Journal on CRAFT and the Lab

April 25, 2017

Lightsmith Group, a new firm founded by former Siguler Guff & Co. partner Jay Koh, is getting closer to launching a private-equity fund to invest in protecting communities from droughts, floods and threats from a changing global climate. The New York firm is working with the Global Innovation Lab for Climate Finance, an incubator, to […]

MoMo4Climate opens first call for proposals

March 16, 2017

The Dutch private climate finance challenge ‘MoMo4Climate’ calls for fresh proposals. MoMo is interested in ideas that attract private investment for climate mitigation or adaptation programs. The challenge is to send a proposal that can attract private investors. MoMo4Climate tests your business case through a panel of financial experts, offers advice to make your case […]

Financial Times: The drive for a social purpose

March 10, 2017

“What if that bond in your fixed income portfolio not only paid you a decent interest rate but also saved a giant forest from succumbing to wildfires? What if your latest venture capital investment not only earned you a fat return but also provided jobs for former prisoners who otherwise would find it tough to […]

Energy Savings Insurance scales across Latin America and beyond

March 2, 2017

March 2, 2017— Energy Savings Insurance overcomes investment barriers to energy efficiency by providing an insurance product for projected energy savings for efficiency projects undertaken by small and medium sized enterprises. Endorsed by the Global Innovation Lab for Climate Finance in 2015, the Inter-American Development Bank has led the implementation of Energy Savings Insurance, and now has […]

Lab instrument helping to connect 500 African homes to solar each day

March 2, 2017

March 2, 2017–The Long-Term FX Risk Management instrument, developed and endorsed by the Global Innovation Lab for Climate Finance, aims to increase financing for low-carbon projects by providing foreign exchange and interest rate risk management instruments. TCX – the implementing partner of the instrument – recently worked with M-Kopa, a solar electricity systems provider that brings power to low-income homes […]

Oasis Platform pilot moves forward in Asia

March 1, 2017

March 1, 2017–The pilot of the Oasis Platform for Climate and Catastrophe Risk Assessment in Asia has passed the pre-selection process of the International Climate Initiative (IKI) of the Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB). Dickie Whitaker and Tracy Irvine, the proponents of the Oasis Platform, are now working with the Lab Secretariat […]

Reuters article: Could restoring Latin America’s cloud forests boost hydropower?

February 13, 2017

Cloud Forest Blue Energy Mechanism, new Lab instrument proposed by Nature Conservancy and Conservation International, featured in Reuters. Read more

US-Brazil investor group picks three financial instruments that can drive funds for climate action

February 9, 2017

Rio de Janeiro, February 9, 2017 — Brazil aims to reduce emissions by 37% by 2025, mostly through changes in its land use and energy sectors. Like in many emerging economies, however, funding to meet these targets remains a challenge. This week, a group of public and private investors met for the first time in […]

New Global Lab instruments in development

December 6, 2016

December 6, 2016, London – The Global Innovation Lab for Climate Finance has selected three new ideas for climate finance instruments to move forward for further analysis, development, and preparation for launching in its 2016-2017 cycle – a cloud forest conservation fund, a facility for early stage finance for renewable energy, and a commercial investment […]

Netherlands government commits development funding to establish Climate-Smart Lending Platform

December 2, 2016

The Climate-Smart Lending Platform will assist local lenders, including banks, microfinance institutions and cooperatives, adopt climate-smart lending practices and manage climate risk in their agricultural loan portfolios, while incentivizing the adoption of climate-smart farming methods by smallholders. The approach was developed by F3 Life, in partnership with the Lab. The Netherlands Foreign Trade and Development Cooperation has been a supporter of […]

Oasis Platform receives endorsement from two key players to take the pilot demonstration forward

November 15, 2016

November 15, 2016-The Oasis Platform for Catastrophe and Climate Change Risk Assessment, which works to provide access to transparent and standardized analytics to improve understanding and management of risks in regions vulnerable to extreme climate-related events, has now cemented ties with the two key groups of stakeholders relevant for its pilot. It received endorsement from the Insurance […]

UN learns from Lab model to launch Financial Innovation Platform to support Sustainable Development Goals

October 12, 2016

Dr. Barbara Buchner, Head of the Lab Secretariat, presented the Lab at a high-level finance gathering at the United Nations on Monday, October 10th. Secretary General Ban Ki Moon said, “This global initiative can support the identification and piloting of innovative finance instruments that can drive investment and support well thought-out SDG interventions.” Read more

Economist article: The green light

October 6, 2016

Economist features Energy Savings Insurance in article about the Green Climate Fund’s progress. Read more

Investor network seeks powerful, actionable ideas to drive finance for a low-carbon, climate-resilient economy

September 19, 2016

Submit ideas at http://www.ClimateFinanceIdeas.org New York—Today, in the margins of Climate Week, a network of investors, governments, businesses, and foundations launched a call for ideas to accelerate finance for climate mitigation and adaptation. “Nations and businesses have put forward strong targets for climate action, but implementation is still a challenge, particularly when it comes to investment,” […]

Green Climate Fund approves USD 21.7 million for Energy Savings Insurance to expand to El Salvador

July 1, 2016

1 July 2016 – In its first round of approvals this year, the Green Climate Fund approved funding for Energy Savings Insurance (ESI). The Global Innovation Lab for Climate Finance (the Lab) endorsed Energy Saving Insurance in 2015. It has been developed and led by the Inter-American Development Bank (IDB), with funding to-date from the Danish government, and it […]

Reuters: New ways to lower investment risk seek to propel climate action

June 30, 2016

“The innovation lab has so far mobilized close to $600 million in seed money for initiatives from its backers, which include the British, Danish, Dutch, German and U.S. governments, as well as banks, foundations and other investors.” Read more

Global coalition of governments, investors, and foundations launch four new financial instruments to catalyze billions for developing country climate action

June 27, 2016

London, June 27, 2016—Today the Global Innovation Lab for Climate Finance (The Lab) announced endorsement for four new investment vehicles that are ready to pilot in developing countries. This announcement is in partnership with The Lab members, including the Danish, Dutch, German, United Kingdom and United States governments, Bank of America Merrill Lynch, Willis Group, development […]

Philanthropy’s Role in Financing a Climate-Resilient World

June 16, 2016

The Rockefeller Foundation cites The Lab in a new commentary piece on philanthropy’s role in resilience finance. Read more

Can Philanthropy Spur the Massive Climate Finance the Developing World Needs?

June 13, 2016

The Lab and two of its funders, Bloomberg Philanthropies and Rockefeller Foundation, are mentioned as examples of innovative philanthropic solutions to scale up finance for development and climate needs. Read more

USAID Partners with Climate Investor One

March 22, 2016

Climate Fund Managers, the Fund Manager to Climate Investor One recently announced a new association with USAID through their Power Africa programme. USAID is the lead U.S. Government agency working to end extreme global poverty and enable resilient, democratic societies to realize their potential. In support of Climate Investor One, USAID has pledged a sum […]

Climate Investor One sign first term sheet

February 19, 2016

During the Making Solar Bankable conference of 18-19 February 2016 in Amsterdam, Climate Investor One witnessed the signing of its first term sheet – a significant operational milestone in what has already been an exciting start to 2016 for Climate Fund Managers, the fund manager of Climate Investor One. The project, which is due to […]

Development Finance Magazine features The Lab model and instruments

February 17, 2016

Five new instruments to drive investment in developing countries have been chosen for development by the Global Innovation Lab for Climate Finance. Three ideas are based on enhancing climate resilience and two are mitigation-focused. The Lab selected the proposals in January, following a scoping process which tested the viability of each idea. Read more

The Lab selects six new ideas to drive finance for climate adaptation and mitigation

December 4, 2015

PARIS–The Global Innovation Lab for Climate Finance has selected six new ideas for additional analysis, stress-testing, and development in the next phase of its second year. During its Call for Ideas, which was open from October 7th through November 7th, The Lab received a huge breadth and quality of submissions. Following an initial screening of these […]

Germany to provide €30mn to TCX for currency hedging instruments

December 4, 2015

PARIS – During the Lima-Paris Action Agenda from COP21, The German Environmental Ministry announced it will provide €30million to the hedging specialist TCX, one of the implementing entities of the Long-Term FX Risk Management Instrument alongside IFC. The Ministry will channel funds through KfW Development Bank. Starting in 2016, TCX will use these funds for innovative and […]

Dutch Government announces €50m commitment to Climate Investor One

December 3, 2015

PARIS—At COP21, during a launch event for Climate Investor One, the Minister for Foreign Trade and Development Cooperation of the Kingdom of the Netherlands, Mrs Lilianne Ploumen announced a EUR 50 million commitment to the instrument. Climate Investor One (formerly the Climate Development and Finance Facility) will help fast-track renewable energy projects in developing countries, mobilizing an estimated […]

India Innovation Lab for Green Finance, a sister to The Global Lab

November 12, 2015

With the endorsement of the Government of India’s Ministry of New and Renewable Energy, The India Innovation Lab builds on the successes of The Global Lab, but adapts them to India’s unique opportunities and challenges. Read more

The Rockefeller Foundation urges a scale up of private adaptation finance, calls for ideas to The Lab

October 29, 2015

In a piece titled, “It’s Time to Scale Up Finance for Climate Resilience and Adaptation,” The Rockefeller Foundation outlines why adaptation finance is more important now than ever. Read more

The Lab featured on Environment and Energy TV’s On Point

October 20, 2015

Dr. Barbara Buchner discusses the need to scale up private climate finance, and the next round of The Lab. Read more

The Global Innovation Lab for Climate Finance seeks new initiatives to drive billions of dollars to climate adaptation and mitigation in developing countries

October 7, 2015

Building on hundreds of millions of dollars in initial funding for Lab initiatives and G7 endorsement, The Lab is now launching a second cycle Submit ideas here, deadline: November 6th LIMA— Today, financial leaders gather in Lima, Peru to review pledges to provide finance to help poor countries around the world address climate change. In this […]

President Obama’s climate change action plan includes The Lab

September 23, 2015

At the United Nations on September 23, President Obama participated in the Climate Summit — a meeting of world leaders to showcase climate action commitments from governments, local leaders, and the private sector. Part of the White House action plan is to mobilize climate finance and the plan cites The Lab as the key point […]

The Lab seeks a Senior Associate

September 8, 2015

The Lab Secretariat is looking for a talented and a motivated individual at Senior Associate level. This position will play a key role in the initiative, and over the next year will work to help shape and launch the Second Lab Cycle, incorporating learning and experiences from the First Lab Cycle. Read more

The World Bank features The Lab in climate finance lessons blog

September 2, 2015

Climate change presents serious and growing risks to the global economic system, with a number of recent studies showing the impact that climate change is already having on livelihoods and business models… Read more

G-7 voices support for The Lab

June 8, 2015

Group of Seven leaders met in Bavaria, Germany June 7-8. In the communique released following their meetings, the G-7 committed to accelerating access to renewable energy in developing countries by building on The Lab and other initiatives. Read more

The UK government commits £50 million to the Climate Development and Finance Facility to help developing countries tackle climate change

May 29, 2015

London – The UK government has announced a £50 million commitment of existing funding to the Climate Development and Finance Facility that will help fast-track renewable energy projects in developing countries. The Climate Development and Finance Facility has been developed within the framework of The Global Innovation Lab for Climate Finance (The Lab), an initiative that supports the identification and […]

The World Bank Decarbonizing Development Report Features The Lab Instruments

May 28, 2015

Stabilizing climate change entails reducing net emissions of carbon dioxide (CO2) to zero. This report outlines three principles to guide countries in their efforts to create a zero-carbon future….. Read more

The Global Innovation Lab for Climate Finance launches four initiatives to drive billions in climate investment

April 22, 2015

Initiatives begin fundraising efforts, collectively raise over $100 million in initial funding NEW YORK – As nations work to address climate change, access to finance has emerged as a critical element particularly in developing countries, which are often unable to attract private investment to low-carbon and climate resilient activities. Today, The Global Innovation Lab for Climate […]

ClimateWire features Energy Savings Insurance

April 22, 2015

From the article featuring The Lab instrument, Energy Savings Insurance: “The idea — which is among four proposals from nearly 100 applications — is to underwrite energy efficiency investments. The Inter-American Development Bank has pledged a $20 million credit line and secured $2.5 million in grants from a World Bank fund. According to the consortium, […]

Michael Liebreich Held A Webinar On FiRe 2015

January 13, 2015

Michael Liebreich, the founder of Finance for Resilience (FiRe) and Bloomberg New Energy Finance (BNEF) held a webinar on FiRe 2015. Discussion topics included a background to FiRe, the different FiRe roles, the achievements of FiRe 2014 and what qualifies as a good submission for FiRe 2015. In 2014, FiRe had six winners in three […]

Banking Exchange: 5 “green” resolutions for bankers

January 5, 2015

From the article featuring The Lab: “A wave is building, formed of billions, even trillions of dollars in available financing for “green” purposes and projects. Banks and asset managers have seen an upsurge in the preference for “green” investments, exemplified by the announcement that the Rockefeller family trusts will in the future focus on “cleantech” […]

RMI Holds Kick-Off Event For Business Renewables Center

November 14, 2014

The FiRe winner “Business Resource Center (BRC)” launched by the Rocky Mountains Institute (RMI) hosted its kick-off event on 3 November in New York. With over 60 participants ranging from Fortune 500 corporations, project developers to service providers and non-profit organizations, the event was a tremendous success and marks the starting point for further activities […]

IDB blogs about The Lab and ASCAF

October 19, 2014

Kelle Bevine is Chief of Strategy within IDB’s Structured and Corporate Finance Department (SCF). She recently blogged about The Lab’s process and one of the ideas – the Agricultural Supply Chain Adaptation Facility. Read more

New Initiative Seeks to Unlock Billions in Private Investment to Tackle Climate Change in Developing Countries

June 3, 2014

The UK, German, and U.S. governments today launch the Global Innovation Lab for Climate Finance, a global public-private initiative that will identify, design, and support the piloting of new climate finance instruments with the aim of unlocking billions of dollars of fresh private investment for climate change mitigation and adaption in developing countries. Members of “The Lab” – […]

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