A collaborative centre for financial innovation in regional food systems, incubated by Climate KIC. The Lab works with regional partners across Europe and the UK to surface financing needs, co-design investment structures, and unlock capital that fits the place.
The ambition is there. The financial infrastructure isn't.
Regional food systems across Europe are faced with growing systemic risks. Farmers, communities, businesses and regional governments are responding by building decentralised supply chains and local infrastructure, collaboratively regenerating landscapes, and facilitating access to land for younger generations.
Efforts, however, remain fragmented and undercapitalised. Properly funded and aligned, they could be transformative for communities, economies and landscapes, and replicated across regions. But this requires a shift from isolated interventions to place-based food system strategies and financial innovation.
For capital to flow across the diverse set of projects regional food systems need, new structures to deploy and attract finance are needed. The challenge is not simply to better coordinate existing sources of capital or apply traditional financing tools to new contexts, but to design new ways of mobilising capital towards where it is most needed.
Why Climate KIC built this
Closing the implementation gap
This is precisely the kind of challenge Climate KIC exists to address. Not by funding projects directly, but by building the innovation layer that makes the right investments possible and replicable elsewhere.
The Place Finance Lab is that layer. Current work spans two regions (Devon & Cornwall, UK and Cork & Tipperary, Ireland) with active projects ranging from farmer-led impact bonds to cooperatively owned biorefinery networks.
The Place Finance Lab is a collaborative financial innovation for regional food systems