The Global Innovation Fund (GIF) today launched the Innovating for Climate Resilience fund in partnership with the UK Government, the Adaptation Research Alliance, and the Global Resilience Partnership, with support from the UK Foreign, Commonwealth and Development Office.
The Innovating for Climate Resilience fund will invest, through both grants and risk capital, in early-stage innovations that aim to support people living on less than $5 per day to build resilience to the inevitable changes in climate.
Alongside the launch of the fund, GIF has launched a call for innovators and announced its membership of the Adaptation & Resilience Investors Collaborative (the ‘Collaborative’).
Societies worldwide are not well-adapted to today’s climate shocks, let alone the more severe ones to come. This burden falls most heavily on developing countries, with income and access to public and financial services determining how communities are able...