San Francisco, 4 April 2025 – The Global Innovation Lab for Climate Finance (the Lab) announced today its first round of funding through the newly launched Pre-Seed Capital Facility. Five solutions from the Lab’s latest cohort have been selected to receive a total of USD 1 million in conditional grants. This funding will help accelerate the development and scaling of innovative solutions designed to tackle global climate challenges.
The five selected instruments provide a variety of first-of-its-kind climate finance solutions for emerging economies in Asia, Latin America, and Africa. They fund diverse climate initiatives, such as climate-resilient agriculture, sustainable cooling solutions, urban food markets, and sustainable land use. By offering working capital grants conditional upon meeting pre-determined milestones, the facility enables early-stage blended finance fund managers to fast-track their path to a first close.
With the initial funding of the United Kingdom Department for Energy Security and Net Zero (DESNZ), the Pre-Seed Capital Facility is set to play an integral part in the Lab’s ambition to support innovative entrepreneurs in creating ground-breaking catalytic climate finance instruments. This funding is part of a larger GBP 6.7 million grant allocated through 2027, which also supports the development of new, innovative climate finance solutions.
“The Lab’s Pre-Seed Capital Facility fills a significant gap in the market by providing early-stage financial support after a Lab endorsement, helping these endorsed instruments move toward implementation much faster,” said Climate Policy Initiative’s Director Ben Broché, who leads the Lab program. “The Lab is grateful for the support provided by DESNZ, contributing to our shared goal of advancing the transition towards a sustainable and low-carbon future.”
The new facility was launched in 2024 to complement the ongoing implementation support package for the Lab’s portfolio. This funding is only open to the Lab’s graduating cohort of instruments and will be provided to a subset of them.
Introducing the Vehicles
CoolPact Capital India is a blended equity fund designed to accelerate innovative cooling solutions in India. The fund aims to reduce greenhouse gas emissions, improve energy efficiency, and promote sustainable cooling solutions in alignment with India’s climate goals.
Growth Next Generation Agriculture (GAN) is a debt fund aimed at scaling biological fertilizers, pesticides, and other bio-inputs to reduce greenhouse gas emissions while increasing productivity and climate resilience in Brazil. Using CRAs, a popular receivables-ABS solution in Brazil, GAN will provide new financing opportunities for SME bio-input producers.
Regenera Ventures is a venture equity fund focused on restoring degraded landscapes and promoting regenerative agricultural practices in Mexico. By mainly offering redeemable equity to target companies, it aims to deliver environmental and social returns while offering investors a clear exit strategy.
The Resilient Municipal Market Fund (ReMark) is an innovative debt facility designed to accelerate investments into adaptation and mitigation infrastructure projects for African food markets. By enabling these investments, ReMark will build resilient communities and enhance long-term food security and economic stability.
Structured Finance for Nature is a financial mechanism that unlocks private capital for nature conservation projects in Southeast Asia by pooling diversified revenue streams such as carbon credits, sustainable agriculture, and ecotourism. This innovative approach reduces investment risk and scales funding for biodiversity protection and ecosystem restoration through a structured capital stack, including a USD 60 million bond issuance.
