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City Finance Lab to launch beginning of June

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A new initiative run by South Pole Group and supported by EIT Climate-KIC aims to unlock at least $500 million for climate action in cities over the next 5 years by supporting the development of innovative financial instruments.
The City Finance Lab (CFL) will open its first call for ideas for cutting edge climate finance instruments for cities on 4 June 2018. The call for proposals will run until 20 July 2018 with the aim of unlocking significant investment in critical urban climate mitigation, adaptation and resilience projects in European cities.
The CFL, a joint venture between Climate-KIC and sustainability solutions provider South Pole, will announce the selected ideas in September. Proponents of these ideas will receive guidance to develop and improve their proposals from city finance (...)

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