The Lab 2018-2019 Cycle Instrument Analysis
Summary
The Lab has launched six financial instruments targeting blue carbon, sustainable agriculture, sustainable cities, and energy access. These instruments, which follow a seven-month design and stress-testing period, aim to mobilize significant investment for sustainable development. Key projects include mangrove restoration in the Philippines, blockchain-based crop insurance in Kenya, and solar securitization in Rwanda.
Key insights
- The Lab has launched 41 instruments since 2014, which have collectively mobilized nearly US$ 2 billion for sustainable development and climate action.
- Six new instruments were endorsed in 2019 across four focus areas: blue carbon, sustainable agriculture for smallholders in Africa, sustainable energy access, and sustainable cities.
- The Restoration Insurance Service Company (RISCO) will pilot a project to protect 4,000 hectares of mangrove forest in the Philippines, with a potential scale of 16 million tonnes of CO2 avoided emissions and sequestration.
- Agricultural initiatives include a blockchain-based digital index insurance platform targeting 1.2 million farmers in Kenya and a blended finance fund for West Africa with US$ 26 million pledged by ECOWAS and EBID.
- Urban solutions include 'Cooling as a Service' (CaaS) with initial implementation in the Dominican Republic and Jamaica, and the 'Breathe Better Bond Initiative', which could mobilize over US$ 4 billion if deployed in ten cities.
- The Solar Securitization for Rwanda instrument is a tradable asset-backed security designed to provide clean energy access to 2 million households in Rwanda and neighboring countries, with a potential instrument size of US$ 100 million.
Cite the original document
- APA
- Climate Policy Initiative (2019). The Lab 2018-2019 Cycle Instrument Analysis. https://www.climatepolicyinitiative.org/publication/the-lab-2018-2019-cycle-instrument-analysis/
- Chicago
- Climate Policy Initiative. The Lab 2018-2019 Cycle Instrument Analysis. 2019. https://www.climatepolicyinitiative.org/publication/the-lab-2018-2019-cycle-instrument-analysis/.
- Wikipedia
- {{cite report |author=Climate Policy Initiative |title=The Lab 2018-2019 Cycle Instrument Analysis |date=2 October 2019 |url=https://www.climatepolicyinitiative.org/publication/the-lab-2018-2019-cycle-instrument-analysis/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatepolicyinitiative2019lab, author = {{Climate Policy Initiative}}, title = {{The Lab 2018-2019 Cycle Instrument Analysis}}, institution = {Climate Policy Initiative}, year = {2019}, month = oct, url = {https://www.climatepolicyinitiative.org/publication/the-lab-2018-2019-cycle-instrument-analysis/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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