Kruskaia Sierra-Escalante

Senior Manager, Blended Finance New Business and Portfolio, IFC

Kruskaia Sierra-Escalante is Senior Manager, Blended Finance New Business and Portfolio, in IFC’s Blended Finance Department. Since 2013, Kruskaia has managed IFC’s blended finance facilities for climate with more than $1 billion in bilateral and multilateral donor-contributions for climate-smart co-investments in IFC projects. During this period, IFC’s blended climate finance portfolio doubled in volume and helped IFC enter riskier markets. She also manages the Blended Finance Facility of the IDA Private Sector Window, created in 2017 to support private sector development, growth, and job creation in some of the world’s least developed countries. Prior to her current position, she headed the Blended Finance unit, a governance unit performing credit review, quality assurance and knowledge-sharing functions and served as IFC’s Global Lead Counsel for Climate and Blended Finance at IFC.

In sessions: Scaling up Climate Finance through Financial Intermediaries, Urban and Climate Finance: New Frontiers