Description: There is an urgent need to mobilize private finance for sustainable development, especially in emerging economies. However, there are knowledge and capacity gaps that: (1) prevent the public sector from developing innovative solutions that effectively target private investors, and (2) that prevent the private sector from realizing these investment opportunities.
To bridge this gap, the Global Innovation Lab for Climate Finance was launched in 2014, bringing together public and private investors to address climate investment barriers. In seven years, the Lab has developed and launched 49 climate finance instruments, which have mobilized almost USD 2.5 billion.
At this event, Lab participants will explore key factors that contribute to the success of innovative approaches to mobilizing private capital in emerging economies. This event will bring together key players from the Lab’s network of climate finance innovators to:
Discuss what factors enable innovative climate investment models to successfully move from design to implementation in emerging markets.
- Examine opportunities and barriers to mobilizing climate investment at scale,
- How public, philanthropic, impact and private capital can be leveraged to enable climate action, and how initiatives like the Lab can support collaboration.
This event will present the perspectives from public, philanthropic and private investors working to drive finance to achieve the world’s climate goals, and how it shifts their capital allocation priorities.