• Brasil Lab builds on success of Global Lab

    In a first meeting, Brasil Lab Panel Members, including Caixa, Santander, BNDES, IFC, the Climate Investment Funds, FEBRABAN, the Global Environmental Fund, the Brazilian Ministry of Finance, and the USTDA, among others, met to select first instruments. Learn More

  • New Global Lab instruments in development

    On December 5, Global Lab Members met in London to select three new ideas to move forward for further analysis and development within The Lab’s 2016-2017 cycle. The ideas were chosen from a record number of submissions, and could help drive billions in climate finance to developing countries. Learn More

  • The Lab endorses four instruments to catalyze billions for climate action

    On 27 June 2016 the Lab announced endorsement for four new investment vehicles that are ready to pilot in developing countries. This announcement is in partnership with The Lab members, including the Danish, Dutch, German, United Kingdom and United States governments, Bank of America Merrill Lynch, Willis Group, development finance institutions, foundations, and other public and private investors. Learn More

  • Green Climate Fund approves USD 21.7 million for Energy Savings Insurance to expand to El Salvador

    The Green Climate Fund financing will allow IDB to partner with BANDESAL, the national development bank of El Salvador, and expand the Energy Savings Insurance program to over 500 small and medium-sized enterprises. Learn More

  • Germany to provide €30mn to TCX for currency hedging instruments

    During the Lima-Paris Action Agenda from COP21, The German Environmental Ministry announced it will provide €30million through KfW Development Bank to the hedging specialist TCX, which is the implementing entity for the Long-Term FX Risk Management Instrument alongside IFC. Starting in 2016, TCX will use these funds for innovative and new hedging instruments for SE4All projects that promote renewable energy and energy efficiency investments in Sub-Saharan Africa. Learn More

  • Dutch government announces €50m to Climate Investor One

    At COP21, during a launch event for Climate Investor One, the Minister for Foreign Trade and Development Cooperation of the Kingdom of the Netherlands, Mrs Lilianne Ploumen announced a EUR 50 million commitment to the instrument, which will fast-track renewable energy projects in developing countries. Learn More