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CLIMA CAPITAL PARTNERS

WE CREATE CLIMATE FINANCE SOLUTIONS
TO HELP CLIENTS THRIVE IN AN
EVER-CHANGING GLOBAL ENVIRONMENT

WHAT WE DO

We advise, and create economic value for the local economies of our partners through robust climate finance solutions, managing risks, and mitigating climate risks. We believe that value comes from thinking sustainably, leveraging local knowledge, and bringing new technologies to create a lasting impact on communities.

 

We understand climate change, technology, markets, finance, and collaboration. We utilize this knowledge to provide technical assistance and practical implementation for the following:

We structure investment funds, financing facilities, and project financing.

We assess and evaluate markets, and their risks, and develop tailored strategies for those markets.

We help provide access to public financing and provide sectoral-focused pragmatic solutions.

GLOBAL THEMES

We operate across various markets offering a diverse array of capabilities, all focused on improving how public and private sector players collaborate on climate issues, and investment opportunities.

Design and Set-Up of Climate Funds

We structure wholesale funding platforms using blended finance scenarios, and design and set up climate-related investment funds.

Project and Corporate Finance Advisory

Understanding the risks, opportunities, and viability of renewable energy and energy efficiency projects is core to our work.

Sustainable Energy Finance

We advise Development Financial Institutions on setting up sustainable energy finance and advisory facilities to scale investments in climate areas.

Public-Private Partnerships

Developing innovative partnerships between public and private players focusing on blended finance structures in renewable energy and waste management

Technology Transfer

Technology is instrumental in combating climate change. We mobilize and provide technical expertise, and source technology solutions through our technical partners in Europe and Asia.

Greening of Financial Institutions

Climate-related sectors require unique expertise to design, set up, and operationalize innovative investment facilities. We assist financial institutions, and local banks to mitigate climate risk and exploit economic value.

Climate and Gender

The most vulnerable are most affected by climate change. We have a strong commitment to designing innovative and commercial financing products and programs that reduce exposure to risks in developing countries, and reduce vulnerabilities faced by women.

Energy Access

We seek to increase access to energy in areas where it is most needed. We design innovative financial instruments and technology solutions to increase the potential economic upside for users as a result of this access.

INDUSTRIES

We work across of variety of industries and provide a wide range of expertise to complement specific sector needs. These are the pillars of our work, and where we provide the most value for our clients.

Renewable Energy

Solar, Wind, Biomass, Geothermal

Resource Efficiency

Green Buildings, Resource Efficiency, Retrofitting, Innovative Technologies

Waste Management

Agri-Waste, Food-Waste, E-Waste, Residential, Water Treatment

Supply Chain Risk Adaptation

Resource Maximization, Optimization, Insurance

Clean-Tech Applications

Technology Investment, Blended Solutions, Supply-Chain Optimization

Forestry

Sustainable Management, Investment, Resilience

TEAM

We leverage decades of investment experience in business and project development with a clear focus on climate. Our team is uniquely focused on collaboration and learning, creating opportunities and synergies to address the complex challenges our clients face in emerging markets.

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Joumana Asso Founder, Managing Director

Ms. Asso has over 23 years of investment and advisory experience in emerging markets, including 11 years executing project and corporate finance deals in heavy industry and impact investing in clean technology start-ups (Private Equity and VC investments) at the International Finance Corporation, and nine years managing investment funds in climate-related assets, such as renewable energy, energy efficiency, clean technology, forestry, and climate adaptation at the World Bank, the Climate Investment Funds, and in the private sector.

Prior to founding Clima Capital Partners, Ms. Asso contributed to setting up the private sector function, and managed the overall private sector portfolio and mandate of the Climate Investment Funds. She also coordinated and managed activities of the Clean Technology Fund’s operations in 2009-2011. In this capacity, Ms. Asso structured blended finance vehicles and solutions targeting various industries and segments of the market, tailored to the risk profile associated with each of segment.

Joumana has served as a Senior Advisor to the Green Climate Fund’s Private Sector Facility in 2016-2018, where she advised its Board and formulated innovative strategic approaches to further mobilization of private investment in mitigation and adaptation, using wholesales approaches with consideration to the risk profile of countries’ sectoral portfolios.

She is a climate finance expert with in-depth knowledge and experience in greening the financial sector and structuring climate finance lending programs, using blended finance structures and integrating risk management tools. She has led development of national climate finance strategies and NDC investment plans in Africa and the Middle East using unique financing approaches, mechanisms, and structuring anchored in the sectoral context and specificities of countries.

Joumana holds an MBA from HEC and a DESS in Environmental Studies from the University of Montreal. She has executed investment transactions and climate finance advisory across the globe, including China, India, the Balkans, Sub-Saharan Africa, the Middle East and North Africa, Western Europe and North America. She speaks French, English, and Arabic.

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Hiro Tsubota Partner

Hiro has over 32 years of investment and advisory experience, including 24 years at the World Bank and eight years in investment banking in Europe and Japan. Expert in banking, structured finance, derivatives, and debt management, with a portfolio of projects, spread globally in Asia, Africa, and Europe.

Prior to joining Clima Capital Partners, he managed a broad range of financial sector development and public finance management projects. He was a lead expert on capital market development, and managed and contributed to developing diagnostic frameworks, such as the G20 Local Currency Bond Market Diagnostic Framework (2013). He also played a corporate role in numerous initiatives at the World Bank on financial innovations, including climate finance products such as green bonds.

In the sustainable finance area, he played a key corporate role at the World Bank to establish a framework for finance for development, focusing on how debt finance can be deployed in a sustainable manner as well as how scarce public sector resources could be best deployed and help leverage private-sector investments. He also led the preparation of internal background papers to determine the Bank’s position on climate finance instruments, such as green bonds, sustainability bonds, debt-for-nature swaps, and various forms of guarantees. At the country level, he advised governments on the deployment of these instruments. Since joining Clima Capital Partners earlier at the beginning of this year, he also provided technical leadership and quality assurance in completing the FSD Africa project on Green Bonds in the SADC Region, NDC-related work, and led multiple engagements in green banking in middle-income countries.

Prior to joining the World Bank, Hiro was an investment banker advising governments, including subnational governments in Germany and Japan on bond issuance and financial risk management.

He holds an MBA from INSEAD, Fontainebleau, France, graduated in economics from Sophia University, Tokyo, Japan, and studied economics at the University of Economics, Vienna, Austria. He is fluent in English, German, and Japanese, and has a working knowledge of French.

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Lawrence Mcgrath Advisory Board Member

Lawrence has over 20 years of private equity experience in middle-market buyouts, primarily in infrastructure and clean energy projects, either through direct investments and co-investments, or by establishing a consortium of well-aligned investors.

Lawrence has acquired and developed green infrastructure projects in Central and Western Europe. He also has extensive experience with Western European companies in developing investments for transportation and power generation, solar, wind, and run-of-river hydro projects.

Lawrence’s career began with the acquisitions of state-owned electric distribution and power companies in Peru, Argentina, Brazil, and Bolivia during the 1990s. As a result, he is familiar with contracted power generation projects and regulated utilities.

Responsibilities included origination, shareholder agreement negotiations, deal structuring, due diligence, financial analysis, strategic sales, and fund management; member of the investment committee and board representative for the companies acquired under his leadership.

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Subrata Mitra Advisory Board Member

Subrata has over 20 years of experience in multi-asset portfolio management, traded securities (stock, bonds, and commodities), derivatives, private credits, private equity/alternative investments, and PE fund management. He has extensive transaction experience in a range of industries in several Middle Eastern and Asian countries. Subrata worked for major multilateral and multinational organizations that include International Finance Corporation (IFC), World Bank, Royal Dutch/Shell, and Global Investment House – Kuwait; closed/managed investment of over US$1 billion, and managed a US$500 million private equity fund listed on the Main Market of the London Stock Exchange (led the launching and listing of the fund). Currently, Subrata works for one of the largest family offices in Oman.

Subrata’s sector expertise includes pharmaceuticals, biotech, photovoltaics, information technology, electronics, hospitality, cement, automobile and auto-component, steel, packaging, paper, fiberglass, education, banking, trade finance, leasing, housing finance, consumer finance, development finance, and impact investments. He held many senior management positions. Subrata has been a board member of several listed and unlisted companies in both the financial and manufacturing sectors. He has a master’s in Risk Management from the NYU Stern School of Business, an MBA in Finance from the IBA/Dhaka University, and a Master’s in Accounting (with Honors) from the Dhaka University.

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Younès Molato Senior Advisor

Younès has 17 years of investment banking experience in Europe, North and West Africa, including more than 10 years originating and executing corporate finance transactions with a focus on energy infrastructure, consumer, and healthcare (over €20 billion in total value). He was based in France, Spain, and now Morocco.

Before joining MCF, a regional corporate finance and investment advisory firm, to lead its activities in Morocco and West Africa, Younès established and developed BNP Paribas’ Corporate and Institutional Banking Corporate franchise in North and West Africa through a regional office based in Morocco. Collaborating with top management and board members, he advised the bank’s key corporate clients in the region, managing €20 billion in equivalent credit facilities for investment and flow banking transactions.

Younes has advised on structuring transactions using debt, guarantees, equity, quasi-equity/mezzanine in renewable energy, and a range of infrastructure projects. His in-depth knowledge of the banking sector and financial instruments provide insights into a full range of structuring techniques that can be used to de-risk investments and mobilize funding in key climate-related areas that otherwise are underserved by mainstream banking products.

Younès holds a master’s degree from ESSEC Business School – Paris, a bachelor’s from ISCAE Business School, and attended sustainability certification programs from Cambridge Institute for Sustainability Leadership and Tsinghua University. Younès speaks French, English, Arabic, and Spanish.

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Benoit Martimort Senior Advisor

Benoit has over 25 years of experience working on science-policy interfaces for research organizations and think tanks in Canada and France to promote the implementation of multilateral environmental agreements.

He accompanies public and private institutions through coaching, training, facilitation, and consulting on strategic changes and positioning to increase their impact and improve the integration of the Sustainable Development Goals (SDGs) in their visions, actions, and operations. Since 2019, Benoit is the international affairs advisor for the United Nations Science-Policy-Business Forum for the Environment.

Benoit has led the communication, outreach, and the development policy function at the Institute for Sustainable Development and International Relations (IDDRI) in Paris. He also created and directed the International Affairs Department of the Institute for Development Research (IDR) in Marseille, where he positioned French and African scientific and research teams in major international environmental negotiations (climate change, desertification, biodiversity, human settlement) and multilateral funds, including climate funds.

Prior to that, Benoit managed numerous projects at the Observatoire de l’écopolitique (Canada), where he supported Francophone countries in the implementation of multilateral environmental agreements.

He taught international governance of sustainable development at Sciences Po (Paris), Agroparitech, and IAMM, and in Canada at the University of UQAM. He was an advisor to Laurence Tubiana, director of the Sustainable Development Chair at Sciences Po, between 2010 and 2017.

Benoit holds a Master in Engineering Science (Université de Perpignan Via Domitia, France), a graduate degree in Environment and Prevention (University of Montreal, Canada), a master’s degree in Environmental Science (UQAM, Canada) and had completed the academic part of political science Ph.D. program at UQAM. He is also a certified coach and facilitator in collective intelligence. He is trained in NLP and non-violent communication. He is fluent in English and French.

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Andrea Bacher Senior Climate Investment Funds and Strategy Expert

Trained in economics, sustainability management, law, and communication, Andrea has over 15 years of experience in international projects development and management, corporate strategy, public policy, stakeholder engagement, partnerships, and capacity building with a focus on climate change, energy, corporate sustainability management, sustainable green and blue economy finance, circular economy, and gender.

She has worked with international organizations and the private sector, including the International Chamber of Commerce, the United Nations, the World Bank, the German Development Agency (GIZ), and private companies and sector associations worldwide.

Andrea also led and coordinated the global private sector for multiple major UN conferences, such as the UN Climate Change Conference in 2015 (COP21) and the UN Summits on Sustainable Development (2012, 2015). Andrea has served as the global focal point for the private sector to the United Nations Climate Negotiations (UNFCCC, 7 years), as private sector observer to the Green Climate Fund (5 year) and the Climate Investment Funds (5 years),and was a member of the steering committee of UNEP’s International Resource Panel (6 years).

She holds a LLM in International Business Law from the Queen Mary University London, a LLM in French and European Law from the Sorbonne University Paris, a Master’s degree in Sustainable Development Management from the École des Hautes Études Commerciales de Paris (HEC Paris), and a diploma in Business Economics and Journalism from the University of Applied Sciences of Central Switzerland.  Andrea is fluent in French, German and English.

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Angy Akke Del Pino Climate Finance and Business Development Manager

A climate change professional with expertise and knowledge of climate change and climate finance frameworks and mechanisms. Angy’s work experience extends across the real and financial sectors, with a focus on development of action plans for climate change mitigation and adaptation for countries through sectoral interventions. She has experience with greening of the financial sector, integration of ESG and climate risk considerations in banks’ strategies and portfolios, and development of climate finance and NDC implementation strategies and plans at the country level. She has also developed climate finance strategies for financial institutions in emerging markets, and has assisted national governments in accessing climate finance from the Green Climate Fund and other concessional finance sources.

She has held senior positions at international climate change consulting firms and has previously worked at the United Nations Convention to Combat Desertification (UNCCD).

Angy holds a Bachelor’s degree in Environmental Sciences from the Universidad Autonoma de Madrid. She is fluent in French, English, Spanish, Greek, and Arabic.

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Riccardo Stanco Climate Finance Advisory and Investment Analyst

Riccardo has over five years of work experience in financial consultancy in Europe, Africa, and Asia. He is specialized in climate finance and has worked on the design of climate finance facilities, financing of renewable energy projects, climate impact modeling, and the design of eligibility and monitoring and verification frameworks. He acts as a financial analyst as well, with excellent financial modeling skills.

Riccardo has managed complex projects and large mandates with multilateral development banks, bilateral agencies, commercial banks, and national governments in Europe and Africa.

He holds an M.Sc. and B.Sc. in Economics and Business Economics from the Erasmus University in The Netherlands. He speaks Dutch and English.

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Santiago Navarro Analyst, Market Strategy and Development

Santiago has over three years of experience focused on biodiversity and climate finance frameworks for sustainable development. As an analyst at Clima Capital Partners, he contributes to market scoping, intelligence, analysis, and development of tools to address economic, social, and political barriers to climate finance, sustainable investing, and NDC implementation in developing countries across regions. His engagements include the development of national climate finance policies and strategies in Africa and the Middle East, climate cost-benefit analysis, economic analysis, and monitoring and evaluation of climate-related projects.

Prior to joining Clima Capital Partners, he worked as a research analyst at Dynamic Planet, a boutique consultancy that advises and invests in natural capital investment funds, eco-enterprises, and high-impact partnership development. Santiago has also worked as a research analyst at the Inter-American Development Bank, where he focused on the health and long-term care needs of aging populations in El Salvador and Chile. He holds a B.A. in Environmental Economics from Middlebury College (USA) and speaks English, Spanish, and Italian.

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Nicholas Kingston Strategy and Investment

Nicholas has over 12 years of private and public sector experience leading teams through the entire life cycle of change, from vision to execution. His primary area of focus has been in the field of renewable energy and climate change. He worked on complex multi-stakeholder projects designing business models, financial strategies, and data/IT strategies for large consortiums and multilateral development banks. He co-founded an advisory and design group, working with institutions such as the World Bank Group, UNICEF, European Union, and Caribbean Utility providers on Data and Knowledge Strategies that helped improve decisions, investments, and data sharing. Nicholas brings a unique perspective combining his experience in renewable energy infrastructure projects, strategy advisory, and open data and knowledge initiatives.

Nicholas has an MBA from the American University, Kogod School of Business – Washington, DC.

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Rachel Stern Climate Finance Advisory

Rachel has over nine years of experience in climate finance, environmental consulting, sustainability, and research. She has expertise in climate change issues, with a focus on renewable energy investments on both the local and international levels.

Prior to joining Clima, Rachel worked at the World Bank, structuring funds to promote private sector investment in renewable energy, energy efficiency, clean technology, and climate adaptation.

Rachel has a background in economics and also spent several years conducting macroeconomic research at the Federal Reserve Bank of Boston.

Rachel has an MBA from IE Business School (Madrid, Spain) and is a Fulbright Scholar.

We are strategically positioned in key markets, we operate globally, and are headquartered in Washington DC.