Innovation Labs Action Group

The Innovation Labs Action Group worked on identifying catalytic financial strategies and instruments, and pilot new climate funding models, instruments, mechanisms, approaches and processes.

The delivery program included:

  • The mapping of CCFLA members activities related to financial innovations in order to create a foundation from which to accelerate collaboration, replication and scaling-up of high impact initiatives ;
  • The organization of a COP 22 side-event – Innovation labs for subnational climate finance – to showcase its achievements and provide a global view of existing complementary initiatives that aim to unlock climate finance for LMRGs, creating opportunities for collaboration, replication and scaling-up.