- Solutions span emerging markets from the Andean Amazon and Brazil to Vietnam, India, Madagascar, Mexico, and the Philippines
- Ideas target nature restoration, resilient agriculture, and industrial decarbonization
- Selected from a record 1,172 global applications
London, 12 March 2026 – Eight early-stage climate finance solutions selected by the Global Innovation Lab for Climate Finance (the Lab) will enter incubation with the potential to unlock roughly USD 600M in investment for nature, agriculture, and industrial decarbonization projects across emerging markets.
They were selected through the Lab’s annual global process, with a record 1,172 applications this cycle. Ideas were initially vetted by the Lab’s regional members in Brazil, India, the Philippines, and across Africa, Latin America, and Asia-Pacific. The vote for the final winners took place last week in London, where Lab members met in person at the offices of global law firm DLA Piper.
The selected initiatives will undergo seven months of incubation and stress testing, receiving technical support and guidance from experts within the Lab’s extensive network of public and private investors. After that, they will be eligible to receive grant funding of up to USD 250,000 to move from design to implementation.
“One of the things that makes the Lab special are the conversations that happen along the way. The Lab network brings together investors and experts from across the global climate finance ecosystem to ask tough questions and push the teams we support to become even stronger,” said Ben Broché, CPI US Director. “The solutions selected this year reflect that process: they’re ambitious, but also grounded in the realities of raising and deploying capital in emerging markets.”
The eight new ideas will join the Lab’s growing portfolio of innovative climate finance solutions. To date, the Lab has launched 87 instruments, collectively mobilizing nearly USD 4.5B in public and private investment for emerging markets.
“The volume and quality of submissions show the determination across the climate finance ecosystem to keep developing solutions that can drive systemic change in emerging economies,” said Amanda Brasil, Global Lab Manager. “We’re excited to work with the teams over the coming months to validate the investment case, strengthen their climate thesis, and support the concepts so they can move toward implementation.”
The selected ideas span multiple regions and sectors, but share a common goal: designing financial structures that can attract private investment to climate solutions that are currently underfunded.
Selected Ideas
Adaptation Asia – Panra Fund(Adaptation Asia, Planetary X) is a USD 50M agribusiness debt fund to improve the ecological health of croplands in the Philippines, using a digital platform connected to remote sensors that can measure and monetize adaptation benefits.
Building SMEs Climate Resilience (StoneCo, Zurich) is a combined insurance-credit mechanism using a USD 10M-20M insurance facility to unlock up to USD 200M in lending for climate-resilient SMEs in Brazil.
IMPAQTO Capital Amazon Andes Fund(IMPAQTO Capital) is a USD 30M blended finance fund mobilizing capital to develop regenerative value chains that reduce deforestation and strengthen forest livelihoods in the Andean Amazon.
Insurance Backed Loans for CSA Adoption (IFPRI, DVARA E-Registry) is a USD 90M credit facility that uses satellite and smartphone data to enable insured lending for climate-smart agriculture adoption across Indian smallholder farms.
Latin American Climate Resilient Coffee Facility (LATTE)(IDH Investment Management) is a USD 30M blended finance facility that channels capital through agri-fintech lenders to finance climate resilience measures for small coffee producers across Colombia, Honduras, and Mexico.
Mitsiry Biodiversity and Climate Fund(Miarakap, Kinomé) is a USD 50 million blended finance fund investing in regenerative enterprises to restore ecosystems and transform land-use value chains in Madagascar and other least developed countries in the Southwest Indian Ocean.
The Natural Investments Platform(Natural Capital) is a USD 100M impact-first platform to finance conservation and restoration projects in Southern Africa through patient, staged investment into nature-based project SPVs.
Vietnam Industrial Decarbonization Accelerator (VIDA)(Allotrope) is a USD 50M+ blended finance vehicle to finance solar, battery storage, and other decarbonization solutions across Vietnam’s industrial parks.
Additional finalist ideas include:
- MOV 3 Impact Fund (MOV Investimentos)
- MAR+ Invest (VIWALA, MAR Fund)
- Risk Sharing Facility for Zero Emission Trucking (Smart Freight Centre)
- Industrial Transition Alliance (ITA) (ArkTerra)
- Blue Economy Resilience Fund (BERF) (Villgro Philippines)
- AssetCo Africa (InfraCredit, RMI)
- East Africa E-Mobility Asset Finance and Inclusion Facility (E-AFIF) (Drivelectric, Knights Energy, KCB, Somo Africa)
- LAC Industrial Transition Enabling Facility (LACITEF) (Climate Finance Partners)
Each year, the Lab, a public-private initiative, identifies, develops, and launches innovative financial vehicles that can drive billions of dollars in private investment toward climate action and sustainable development. It brings together over 100 institutions from government, development finance, philanthropy, and the private sector to incubate promising ideas.
Bloomberg Philanthropies, the United Nations Development Programme, and the governments of Canada, Germany, and the United Kingdom fund the Lab’s 2026 programs. Climate Policy Initiative serves as the Secretariat and analytical provider.
Annie Woscoboinik
Communications Associate
Annie.Woscoboinik@cpiglobal.org
Daniela Alvarez
Communications Associate
Daniela.alvarez@cpiglobal.org
Júlio Lubianco
Communications Manager
julio.lubianco@cpiglobal.org