Brazil and the United States have recently launched the Brazil Innovation Lab for Climate Finance (Brazil Lab) to catalyze innovative financing models designed to quickly deploy low-carbon solutions. The Brazil Lab builds on the experience of the Global Innovation Lab for Climate Finance (Global Lab), aiming to complement existing climate finance mechanisms and Brazil's NDC implementation efforts. The Brazil Lab will bring together experts from both the public and private sector (Members) to screen proposals and provide mentoring, advice and networking for selected proposals. The Brazil Lab will draw upon the ‎experience and expertise of its Members and Climate Policy Initiative to identify, design, and pilot the next generation of climate finance instruments in Brazil.

The first call for Brazil-focused proposals is open through December 16, 2016 (www.climatefinanceideas.org). Proposals will be selected in accordance with the criteria established by the Global Lab and whether they have the potential to support implementation of Brazil’s National Determined Contributions.

The Brazil Lab Management Committee will reach out to prospective Brazil Lab Members to build a panel that reflects ‎diverse expertise and institutional backgrounds (multilateral development banks, public private sector, government agencies, public/private development banks).‎

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