Global Innovation Lab for Climate finance entrepreneurs 2020/2021. Climate finance entrepreneurs from all over the world can apply for the Global Innovation Lab for Climate
Finance. We’re looking for innovative finance solutions that can unlock investment to tackle some of the most difficult climate and sustainable development challenges and investment opportunities for a post-COVID, green economic recovery.
Application deadline for Global Innovation Lab for Climate finance entrepreneurs 2020/2021
The deadline is Tuesday, December 22nd, 2020 at 17:00 PST, and the new class will be known in February 2021
Lab application guidelines
WHAT IS THE LAB LOOKING FOR?
For the 2021 cycle, there is a special call for the Lab’s sustainable energy access and sustainable cities streams, and the Brazil and Southern Africa programs. At the same time, the Lab’s general program is accepting ideas that address barriers to sustainable investment in developing countries across the adaptation and mitigation spectrum.
WHO IS INVOLVED?
The Lab is composed of over 60 expert institutions in government, development finance, philanthropy, and the private sector. The full list of Lab Members can be found here. The funders for the Lab’s 2021 cycle are included below. Climate Policy Initiative serves as the Lab Secretariat.
HOW ARE IDEAS SELECTED?
Successful ideas are selected by Lab Members and other experts based on the following criteria.
(1) the type of entity(ies) that could implement it,
(2) the pathway towards implementation, including the timeframe, activities, and key milestones, and
(3) possible challenges to implementation and related management strategies.
Demonstrates the ability to address, directly or indirectly, barriers to private climate finance that
- have not yet been addressed or
- that will be addressed more effectively compared to other instruments in the market.
Demonstrates potential to
- mobilize private climate capital within a sizeable market,
- be scaled up or replicated in other contexts and,
- achieve socioeconomic, development, and environmental impacts.
- a strategy to phase out public financial support, thereby achieving market viability and
- possible challenges to achieving its intended objectives and related management strategies.
How to apply for Global Innovation Lab for Climate finance entrepreneurs 2020/2021