Addressing the climate finance gap
The Global Innovation Lab for Climate Finance (the Lab) is an investor-led, public-private initiative that accelerates innovative, well-designed, early-stage climate finance solutions to drive private investment into climate change action in emerging economies.
The Lab is proud to present its 2023 Impact Report, highlighting the Lab’s significant contributions to bridging the climate finance gap. Over the past few years, the Lab has established a pipeline of fundable ideas that strategically leverage public finance to mobilize private investments in challenging sectors and regions.
Key Achievements:
- 68 innovative climate finance solutions launched
- Over USD 4 billion mobilized for climate action
- USD 1.3 billion mobilized through the Lab network
- USD 1.6 billion in private investments attracted
- Impressive 66% capital mobilization rate
Real-World Impact of Lab Solutions
The Lab’s 2023 Impact Report outlines the Lab’s work and the tangible impact it is creating as climate finance gains increasing recognition among investors and markets. The report also showcases compelling case studies providing concrete examples of how Lab solutions are being implemented and the transformative impact they are having on communities and the environment.