The Global Innovation Lab for Climate Finance
The Global Innovation Lab for Climate Finance identifies, develops, and launches innovative finance instruments that can drive billions in private investment to action on climate change and sustainable development.
The Lab is led by its members, who include over 70 institutions in government, development finance, philanthropy, and the private sector
Since 2014, the Lab has launched 62 solutions that have mobilized over USD 3.5 billion to address climate change.
Featured work
Press Release
Global Innovation Lab for Climate Finance announces new class of ground-breaking solutions to drive public and private investment in emerging markets
The Lab, an investor-led accelerator program, just announced the six winners of its annual competition that will go through a seven-month incubation period.
Blog
Gender-smart climate finance: Three things you need to know ahead of COP27
Women are disproportionately impacted by climate change and face greater exposure to disasters, economic losses, and health repercussions than men. Women also act as benefit multipliers, with the ability to improve the effectiveness of climate finance when it’s gender-smart but what does this mean?
Press Release
U.S. announces USD 2 million to support the Lab in developing financial innovation toward private investment in adaptation
The announcement is part of a longer list of new commitments and initiatives made public by The White House at COP27. In 2023, the Lab seeks proposals for innovative financial instruments that channel investment into building systemic climate resilience and responding to growing climate risk.
Latest work
Publication
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.
Publication
Financing Steel Decarbonization
The mechanism combines technical assistance, low-cost patient capital, and implementation stage support to prepare, invest in, and de-risk decarbonization technology projects for low-carbon steel production, while supporting the development of the wider industrial ecosystem.
Publication
The Fund for Nature
Africa’s first debt fund for high-integrity, nature-based carbon projects.
Publication
Reservoir Methane Capture Mechanism
The first-of-its-kind servitization structure with blended funding to unlock investments into emerging methane capture technology.
Publication
Climate Insurance-Linked Resilient Infrastructure Financing (CILRIF)
A novel offering of long-term municipal climate insurance, with known premiums dependent on municipal resiliency measures and a unique linked financial product to access capital for climate resilience.
Publication
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.
