Galia Rabchinsky is a Development Effectiveness Officer in the Development Effectiveness Division at IDB Invest. She works mostly with Financial Institutions in Central America and Mexico, ensuring IDB Invest operations promote social and economic benefits for the region. Within her professional career, Galia has also worked as a Research Fellow for the IDB’s Office of Evaluation and Oversight, supporting the Bank’s corporate and country evaluations, aimed at assessing and improving the quality of its internal processes, policies and programs, and as a Financial Analyst for the US State Department, supporting various budgetary programs. She received her degree as an Economist from the Universidad Iberoamericana in 2012 (Mexico) and has a Master's degree in International Development Policy from Georgetown University (2017).
Addressing climate change in the region calls for financial institutions to step up their role in channeling capital towards green investments, including the green transition. It also calls for boosting impact measurement and reporting capacity to avoid green washing.
With greater access to much-needed global capital, Latin America and the Caribbean can become the world’s leading renewable energy hub, taking advantage of ample sunlight and available land.
Based on the IDB Group’s track record with supporting women’s economic empowerment, here are four overarching lessons with a focus on private sector initiatives. Some may seem obvious at first glance, but there are still many institutions, both public and private, that don’t consider women´s particular needs.