London – The Global Innovation Lab for Climate Finance (“the Lab”) has launched an initiative to focus funders and investors on Lab-endorsed projects for sustainable and resilient economic recovery.
The Lab develops climate adaptation and mitigation projects that are scalable, catalytic and are primed to make measurable impact in resilience, sustainability, carbon emission reductions and economic growth. While all Lab instruments support this aim, due to their innovative nature, some are still in development phase. The following subset of Lab instruments are “shovel ready” projects, able to leverage funds into immediate action on the ground for driving resilient growth in developing countries.