Finance in Common (FiCS), the Inter-American Development Bank (IDB), and Climate Policy Initiative (CPI) have partnered to operationalize the FiCS Financial Innovation Lab (FiCS Lab) with CPI as its secretariat.

In September 2023, FiCS announced the creation of a “Financial Innovation Lab” in its final communiqué from the 2023 FiCS Summit. The vision is to bring together public development banks (PDBs) and experts around an action-oriented platform to accelerate the implementation of climate finance and the 2030 SDG agenda.

The mission of the FiCS Lab is to be a platform that fosters innovation and collaboration among public development banks in mobilizing private capital and expanding climate finance, particularly in emerging markets and developing economies.

Learn more about the FiCS Lab