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 55 solutions that have mobilized over USD 3 billion to address climate change.
Featured work
Press Release
Lab portfolio surpasses USD 3 billion in sustainable investment
The milestone comes just one month after COP26, where the need to scale climate finance rapidly had the spotlight. The USD 3 billion includes USD 416 million in investments from Lab members and USD 2.7 billion catalyzed from other investors. Private sources account for over USD 850 million, and more are expected as the instruments continue to scale.
Press Release
The Lab wins UN Global Climate Action Awards for Climate Financing
The Global Innovation Lab for Climate Finance (the Lab) has won the special 10th anniversary edition of the United Nations Global Climate Action Awards. The award, run by United Nations Climate Change since 2011, recognizes the world’s most innovative, scalable, and replicable examples of action to tackle climate change.
Press Release
The Lab launches six new finance solutions to drive climate action towards a net zero economy
The instruments seek USD 380 million from commercial, concessional, and philanthropic investors for sustainable energy access, food systems, and urban infrastructure.
Latest work
Publication
Amazônia Sustainable Supply Chains Mechanism
The Amazonia Sustainable Supply Chains Mechanism leverages off-take agreements for forest-compatible products to provide upfront finance, technical assistance, and structural community resources that catalyze the bioeconomy and keeps forests standing.
Publication
Guarantee Fund for Biogas
The Guarantee Fund for Biogas (GFB) is the first environmental-oriented guarantee fund in Brazil. By providing short-term collateral for biogas project loans, it unlocks public and private finance as a promising renewable energy source in the country.
Publication
P-REC Aggregation Fund
The P-REC Aggregation Fund will help unlock capital by monetizing the future yield of environmental attributes from renewable energy generated in fragile states
Publication
The Smallholder Resilience Fund
The Smallholder Resilience Fund (SRF) is a blended investment fund and supporting venture studio that deploys synchronized investments and technical assistance across entire agricultural value chains of high-value, climate-smart crops to support smallholder farmers
Publication
Data-Driven Energy Access for Africa
Data-Driven Energy Access for Africa uses artificial intelligence to standardize metrics related to customer repayment risk, improving access to capital for distributors and efficient intermediation of credit and grants to better serve customers.
Publication
The ACT Fund
The ACT Fund’s unique blended–currency mechanism addresses high transaction costs and lead times, barriers that have constrained the project pipeline in West Africa, while also shortening and simplifying the project exit process to allow efficient redeployment of capital in further projects.
