The Global Innovation Lab for Climate Finance will host a virtual Demo Day on 19 October at 10 a.m. ET, to present its 2023 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 795 million in philanthropic, concessional, and commercial investment opportunities in high-impact areas such as agriculture, conservation, housing, and climate adaptation.
The full list of ideas is:
Catalyst Climate Resilience Fund is an impact fund and accelerator to support pre-seed climate adaptation startups that improve the resilience of vulnerable African communities. The Catalyst Fund is an investment management firm focused on equitable and inclusive finance.
Climate Resilient Landscape Finance (CRLF) is an innovative and concessional debt facility that addresses underlying challenges to climate-resilient land management in and around African conservation areas. Platcorp Group, an impact-focused African asset manager, is developing this instrument with Conservation Capital, a conservation finance boutique advisory firm, and Dascot Limited, a technical conservation consultancy.
Impact Financing Facility for Climate-Focused Social Enterprises is a credit guarantee mechanism that helps climate-smart social enterprises build a credit history and unlock commercial debt. Villgro has paired the credit guarantee with technical assistance to help the enterprises absorb and repay credit.
Lendable Decarbonization Fund finances small and medium-sized enterprises’ efforts to decarbonize activities within their supply chain through sustainability-linked loans. Lendable will also set up a Carbon Project Preparation Facility that supports a subset of borrowers that have the potential to generate carbon offsets.
Social Infra Ventures (SIV) aims to develop green, affordable housing in secondary cities in Morocco using a gender-inclusive approach throughout the community planning, design, and financing processes. SIV is a housing company set up by incubator and sponsor Cardano Development.
The Low-Carbon Agriculture Transition Mechanism (LATM) accelerates climate transition in agriculture by offering long-term loans to small and medium-sized farmers in the Brazilian Amazon, Cerrado, and Atlantic Forest regions while guaranteeing a minimum income and technical assistance. The proponents are VERT, a securitization company, and Vox Capital, an impact investment manager.