The Lab is holding an open call for ideas for financial instruments that can unlock investment to tackle some of the most difficult climate and sustainable development challenges.
➤ October 9th, 2018: Call for ideas opens
➤ November 7th, 2018: Webinar; View the recording here.
➤ December 19th, 23:59 PST: Deadline for idea submissions
➤ February, 2019: Idea proponents are notified of selection
English-French translation / Traduction anglais-français :: Link
WHAT IS THE LAB LOOKING FOR?
The Lab is seeking ideas for financial instruments that can unlock investment for climate mitigation and adaptation projects in developing countries. This year, the Lab has a special call for ideas that target sustainable agriculture for smallholders in West & Central Africa, sustainable energy access, blue carbon in coastal & marine ecosystems, and sustainable cities. Ideas that target other sectors will also be considered.
- SUSTAINABLE AGRICULTURE FOR SMALLHOLDERS
- SUSTAINABLE ENERGY ACCESS
- BLUE CARBON IN COASTAL & MARINE ECOSYSTEMS
- SUSTAINABLE CITIES
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 2019 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.
Actionable
Identifies the type of entity(ies) that could implement it, the pathway towards implementation, including the timeframe, activities, and key milestones, and possible challenges to implementation and related management strategies.
Innovative
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.
Catalytic
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.
Financially Sustainable
Identifies a strategy to phase out public financial support, thereby achieving market viability and (2) possible challenges to achieving its intended objectives and related management strategies.
WHY SUBMIT AN IDEA?
Selected ideas will receive guidance and support from high-level leaders from both the public and private sectors, who contribute expertise, political capital, and financial capital to the instruments. See the full list of Lab Members here.
Selected ideas will also benefit from robust analysis, stress-testing, and development by Climate Policy Initiative’s team of experts.
WHAT HAPPENS IF YOUR IDEA IS SELECTED?
For the 2019 cycle, all selected ideas will be taken forward by the Global Lab program. If your idea is selected by Lab Members, you will work with a team of analysts, key stakeholders, and experts to:
✓ Develop or refine the mechanics of your idea
✓ Survey comparable instruments, ensuring the final instrument is innovative and impactful
✓ Develop robust financial modeling
✓ Assess and document potential social and environmental impacts
✓ Map risks and risk mitigation strategies
✓ Develop a detailed implementation plan
✓ Produce promotional content
✓ Present your idea to donors and investors
✓ Potentially receive endorsement from the Lab
For any questions, you can get in touch at lab@cpiclimatefinance.org
Deadline to apply: 19th December 2018
Contact
Website : https://www.climatefinancelab.org
