Skip to main content

Author Bio


Pilar Carvajo Lucena

Pilar is an Investment Management Officer, Blended Finance Team at IDB 
Invest, which she joined in 2017. She provides 
support to the origination and structuring processes 
of the concessional tranche of investments in the 
energy, agribusiness, manufacturing and financial 
services sectors, especially in Central America and 
the Caribbean. She is also responsible for managing 
the relationship with donors, including fundraising 
and project portfolio monitoring. 
Before joining the IDB Group, she worked at Acción 
Global Investments, where she participated in the 
origination and structuring of equity investments in 
financial institutions in Asia and Latin America. She 
previously worked at Deloitte providing advice to 
infrastructure and renewable energy clients, among 
other sectors, and managing their financial risks. She 
has more than five years of experience in the 
management of financial and equity investment risks 
in emerging markets. 
Pilar earned a master’s degree in business 
administration (MBA) from the MIT Sloan School of 
Management in Cambridge, MA (USA) and a 
professional degree in law and business 
administration from Universidad Pablo de Olavide in 
Seville (Spain).

Posts by Pilar Carvajo Lucena

Addressing Climate Change while Building Resilience in Agriculture

The dual need for adaptation and mitigation investments requires an innovative approach. Blended finance and advisory services can offer a fresh start.

Climate Shareholders: Corporate Climate Action using Blended Finance in Equity Investments

Blended finance in equity investments can not only offer preferred returns to commercial investors, making deals in developing markets more attractive for them, but also bring to the decision-making table corporate climate action as a priority for companies of all sizes.

Regenerative Agriculture Offers Fresh Solutions for Latin America & the Caribbean

Regenerative agriculture aims to catalyze ecological restoration, going beyond sustainable. It comprises holistic management that fosters soil regeneration, increased productivity and biological diversity, animal welfare, as well as farm and community economics. Blended finance resources and advisory services are key to catalyze innovative regenerative business models.