Climate-KIC’s City Finance Lab to launch beginning of June
New initiative run by South Pole aims to unlock at least USD 500 million for climate action in cities in next 5 years by supporting development of innovative financial instruments
Zurich, Switzerland, 14 May 2018 – The City Finance Lab (CFL) will open its first call for ideas for cutting-edge climate finance instruments for cities on June 4th. The call for proposals will run until July 20th 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.