Sustainable finance incubator that drives billions of dollars of private investment to the low-carbon economy
>250 Mio. EUR
Applied Financing Solutions
Grants, Concessional Loans, Market-Rate Loans, Private Equity, Crowdfunding, Green Bonds, Blended Finance, Guarantees, Public-Private Partnership, Performance Contracting, Results-Based Financing, Carbon Market, Other
In operation since/from: 2014
The Global Innovation Lab for Climate Finance develops and launches innovative financial instruments that unlock billions in private investment for sustainable development in emerging economies, while also reducing investors’ risks and improving their financial returns.
Private finance at scale is critical for emerging economies to reach their sustainable development and energy access goals. Yet numerous barriers – real and perceived – prevent the level of private investment needed from flowing to climate adaptation and mitigation projects in emerging economies. The Global Innovation Lab for Climate Finance, leveraging its member network of more than 60 governments, financial institutions, private companies, philanthropic funders and NGOs, has developed close to 50 ideas since 2014 to address these barriers.
Led by enterprises, fund managers, market experts, and startup entrepreneurs, the projects are now catalyzing investment for climate projects in the most critical regions and sectors, including renewable energy, sustainable agriculture and urban infrastructure.
Success Factor | Hero Moment
The Lab is unique in who it brings together -- a wide range of public and private organizations from across the globe who contribute their expertise, networks and capital to play a role in solving the complex financial and sustainable development problems addressed by the Lab.
Working together through an annual action-driven approach, the Lab has launched almost 50 projects to date that have gone on to mobilize over USD 2.3 billion in investment for sustainable development.
Climate Policy Initiative, United States
Other Involved Stakeholders
Bloomberg Philanthropies; Germany’s Federal Ministry of the Environment, Nature Conservation and Nuclear Safety; Netherland’s Ministry of Foreign Affairs; The Rockefeller Foundation; Swedish International Development Cooperation Agency; UK’s Department for Business, Energy and Industrial Strategy; The World Bank Group; Deutsche Bank; Bank of America; and over 60 additional members: https://www.climatefinancelab.org/the-partners/