March 4

Six New Climate Finance Ideas for a Sustainable Recovery

By Babalwa Bungane

The Lab is an investor-led initiative that identifies, develops and launches promising solutions to drive critical public and private investment to action on climate change in developing economies. Each year, the Lab competition selects promising, early-stage ideas for sustainable investment and rapidly develops these ideas into fundable, scalable investments and business models.

In the 7th year of its annual competition, this Lab class of instruments will address barriers that can unlock investment to sustainable development challenges and opportunities for a post-COVID, green economic recovery. For 2021, the Lab chose one idea for each of its thematic streams: food systems, energy access and cities, two for its Brazil programme and one for its Southern Africa programme.

Photo courtesy of Bud Helisson.

Source: ESI Africa (link opens in a new window)

climate finance, energy access, ESG, food security, impact investing, SDGs, sustainable finance