• Solutions use a variety of financial tools, such as parametric insurance, carbon credits, and structured equity, to manage risk and unlock private capital 
• Diverse sectors are targeted, including agriculture, renewable energy, and first-of-a-kind climate technologies
• Pilots are planned across Asia, Africa, and Latin America 

São Paulo, 10 November 2025 – The Global Innovation Lab for Climate Finance (The Lab) convened in São Paulo, Brazil, last week to endorse its 2025 class of innovative climate finance solutions. The class includes nine financial instruments that address key barriers to climate investment in emerging markets, seeking to unlock USD 425 million in capital from philanthropic, public, and private investors. 

Proponents of each instrument were present at the endorsement meeting, along with members of the Lab network, who voted to endorse and launch all nine solutions. The Lab’s endorsement recognizes the solutions as innovative, scalable financial instruments capable of unlocking investment for climate action and sustainable development. 

The instruments tackle various challenges, such as expanding access to renewable energy for low-income communities, building resiliency to climate shocks, supporting sustainable and regenerative land management practices, and improving financial stability for farmers whose livelihoods are especially vulnerable to the effects of climate change.  

The endorsed vehicles now enter the implementation phase, with pilot projects planned across Argentina, Brazil, Colombia, Côte d’Ivoire, India, Kenya, the Philippines, and more.  

“To meet global climate goals by 2030, emerging markets face a financing gap of nearly USD 3 trillion,” said Barbara Buchner, Global Managing Director of CPI and the Lab. “Innovative financial mechanisms, like the ones endorsed by the Lab today, turn that gap into an investment opportunity by tackling persistent barriers. We’re so excited about the potential of these instruments and look forward to seeing them scale into real, lasting impact.”

Over the past decade, the Lab has launched 87 instruments that have mobilized nearly USD 4.4 billion for climate action. 

The 2025 Lab-Endorsed Solutions:  

Carbon Neobank (Melanin Kapital) unlocks affordable finance to small and medium-sized enterprises (SMEs) in Africa through carbon credits, facilitating a green transition. 

Community Equity Opportunity Fund (Meliquina Partners) scales up renewable energy projects in low-income rural communities across Latin America. 

The Clean Economy Fund (Green Artha) is a structured equity tool that invests in first-of-its-kind climate technologies, providing capital to enterprises for demonstration projects that future-proof growth. 

IREN Agri (Ksapa and Societe Generale) combines medium term finance, technical assistance, digitalization, and offtake agreements, helping farming communities build climate resilience in West Africa. 

Páramo Wildfire Resilience Facility (Strata Advisors) provides rapid funding for early response and long-term resilience building to manage damage and assist in the recovery from wildfires in Colombia’s Páramos ecosystems. 

Agri-Smallholder Resilience Fund (ASRF) (Mayani) provides Philippine smallholders with climate-smart finance, parametric insurance, and market access. The Fund boosts rural incomes and access to affordable, fresh produce for households and big businesses. 

Price Risk Facility (Agtuall) is a price insurance vehicle designed to protect agricultural borrowers and lenders from price volatility. It partners with insurers to underwrite input and post-harvest loans for smallholders. 

The Seeded Initiative (Silva) is the first financial instrument in Brazil tailored to the needs of native seedling nurseries, delivering financial stability through guarantees and long-term purchase agreements.  

Tropical Resilience Fund (Impact Earth) is a debt fund investing in early and growth-stage projects and ventures in Latin America and Southeast Asia that conserve, restore, and protect biodiversity, while enhancing the resilience of investments. 

Quotes:

Mélanie Keïta, Co-founder & CEO, Melanin Kapital: “The Lab completely accelerated our growth. We came from having a pilot on 5-6 green businesses to building a fully-fledged business banking facility of USD 7M. We are now able to fully roll out loan products to clean-tech companies across the agriculture value chain, targeting a USD 11M loan book, with a USD 1.5M of annual interest revenues!” 

Juan Dumas, Co-Founder and Partner, Meliquina Partners: “With a hands-on approach, the Lab’s team worked shoulder-to-shoulder with ours to test assumptions, improve project and fund-level financial models, and strengthen our impact strategy. We will now secure a partnership with an experienced fund-manager, advance with legal structuring, complete team recruitment, and bring fundraising towards first close.” 

Raphaël Hara, Managing Director, Ksapa: “By leveraging the Lab’s cutting-edge climate finance expertise and unparalleled network, we’ve transformed our ambitions into a robust, scalable model. We will now engage catalytic investors to anchor the IREN Agri vehicle, while launching our first blueprint projects in 2026.” 

Juan José Guzmán Ayala, Director, Strata Advisors: “The Lab’s team helped us sharpen the financial structure, stress-test our model with experts, and connect science-based climate resilience with the realities of market implementation. We’re now finalizing the feasibility phase and beginning structuring with our partners to complete product design and secure anchor investors.” 

JT Solis, Co-Founder & CEO, Mayani: “Our Lab journey elevated our blended finance instrument to become more robust, climate-forward, and partnerships-ready to tackle challenges we otherwise thought were unsolvable. Our next steps are to mobilize key partnerships catalyzed by the Lab’s network and secure actionable commitments.” 

Vikram Sarbajna, Founder & CEO Agtuall B.V.: “The Lab process helped us get the financial model right, figure out the right type of capital, and connect with people who gave us really valuable feedback. Our immediate next steps are to start conversations with potential funders while also building out our go-to-market strategy.” 

Nick Oakes, Co-founder and Managing Director, Impact Earth: “The Lab provided the strategic clarity, expert guidance, and collaborative network we needed to translate an ambitious vision into a robust investment vehicle concept. We are now focused on translating the Lab’s insights into a fully operational fund that channels capital toward scalable, high-impact resilience solutions in tropical regions.” 

Starlene Sharma, Founding Partner, Green Artha: “The Lab process was helpful in validating key assumptions in our fund model, refining fund documents, and clarifying our approach to impact. Now, the team will continue its fundraising process. Separately, we are testing the market to determine if raising a separate technical assistance facility makes sense in the current conditions.” 

About the Lab:

Each year, the Lab, a public-private initiative, identifies, develops, and launches innovative financial vehicles that can drive billions in private investment to climate action and sustainable development. It brings together over 100 institutions from government, development finance, philanthropy, and the private sector to incubate promising ideas.  

Bloomberg Philanthropies, the United Nations Development Programme, and the governments of Canada, Germany, and the United Kingdom fund the Lab’s 2025 programs. Climate Policy Initiative serves as the Secretariat and analytical provider.   

Contact:

Júlio Lubianco 
Communications Manager 
julio.lubianco@cpiglobal.org 

Annie Woscoboinik  
Communications Associate  
Annie.Woscoboinik@cpiglobal.org