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Funding needs for climate change mitigation technology deployment are significant. In August, 2007 the UNFCCC Secretariat published a Technical Paper on Investment and Financial Flows to Address Climate Change. It estimated that USD $200 to $210 billion in mitigation investments will be required annually by 2030 to stabilize and begin to reduce global GHG emissions. The Technical Paper concludes that the vast majority of this investment will need to come from the private sector, but that substantial additional public funding will need to be mobilized as well. This paper was quickly followed by a number of proposals from Parties on how to raise new funds (UNFCCC 2008). In the interim, The World Bank, in cooperation with other multilateral development banks, has moved forward and created a Clean Technology Fund1 which aims to provide incentives to demonstrate low carbon technologies through public and private sector investments in programs and projects that are embedded in national plans. However, the new World Bank fund, while commendable in several ways, responds to only a part of the technology innovation chain and some of the barriers to the development and deployment of technology.