The Lab 2018-2019 Cycle Instrument Analysis

The Lab, managed by the Climate Policy Initiative, launched six financial instruments in 2019 targeting climate mitigation and adaptation in developing countries. These instruments focus on blue carbon, sustainable agriculture, sustainable cities, and energy access, contributing to a total of 41 instruments that have mobilized nearly US$ 2 billion since 2014.

• The Lab has launched 41 instruments since its creation in 2014, which have collectively mobilized nearly US$ 2 billion for sustainable development and climate change action.
• The 2019 class consists of six financial mechanisms targeting four areas: sustainable energy access, sustainable cities, sustainable agriculture for smallholder farmers in Africa, and blue carbon in marine and coastal ecosystems.
• The Restoration Insurance Service Company (RISCO), led by Conservation International, focuses on mangrove conservation and restoration. Its initial pilot project aims 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.
• Two instruments target smallholder farmers in Africa: a Blockchain Climate Risk Crop Insurance platform led by Sprout Insure targeting 1.2 million farmers in Kenya, and the West African Initiative for Climate Smart Agriculture. The latter is a blended finance fund led by ECOWAS (pledging US$ 16 million) and EBID (pledging US$ 10 million) with the potential to reach 90,000 households and convert 185,000 hectares to climate-smart lands.
• Sustainable city initiatives include 'Cooling as a Service' (CaaS), which targets energy reduction in the Dominican Republic, Jamaica, South Africa, India, and Mexico, and the 'Breathe Better Bond Initiative'. The bond initiative could mobilize over US$ 4 billion and reduce CO2 emissions by 35 million tons if deployed in just ten cities.
• The Solar Securitization for Rwanda, led by the Development Bank of Rwanda, is a tradable solar asset-backed security. At scale, it is intended to be a US$ 100 million instrument providing clean energy access to 2 million households in Rwanda and neighboring countries.

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} }