The City Finance Lab, a joint venture between EIT Climate-KIC and South Pole, was founded to support the development of innovative and well-designed financial solutions which can remove barriers to investment in sustainable cities. Read more on the investment barriers cities face.
It is the first dedicated European platform to focus on the development of innovative financial solutions which increase investment in climate-resilient, low-carbon and green urban projects.
It supports financial innovators by bringing together leading city finance experts from public, private and philanthropic organisations to develop their ideas with the aim to implement, scale and replicate them. By doing so, it also aims to catalyse broader public and private sector efforts to increase green investment.
The City Finance Lab aims to mobilise EUR 500 million over the next five years for the transition to sustainable, low-carbon and climate-resilient cities.
South Pole is a leading provider of global sustainability financing solutions and services. For more than a decade, South Pole has worked with a wide range of public, private and civil sector organisations to accelerate the transition to a climate-smart society. South Pole has mobilised climate finance for over 700 projects in emission reduction, renewable energy, energy efficiency and sustainable land-use, acting today ‘for a better tomorrow’.
South Pole acts as secretariat for the City Finance Lab. Contact us here: firstname.lastname@example.org.
EIT Climate-KIC is a knowledge innovation community with a nine-year track record in catalysing innovation to address climate change, established and funded by the European Institute of Innovation and Technology (EIT).
EIT Climate-KIC is the main funder of the City Finance Lab. It supports the lab through its strong network of cities and actors in municipal climate finance and also provides communications support. As a funder, Climate-KIC features on the City Finance Lab Committee.
Global Infrastructure Basel (GIB) Foundation is a Swiss foundation based in Basel working to promote sustainable and resilient infrastructure through sustainable infrastructure design and financing on a global scale.
GIB acts as an advisor and networking partner to the City Finance Lab and supports the lab in the selection of experts to support initiatives.