Lack of access to stable and affordable energy sources is a concern for low income people in Latin America. “Energy poverty” is a reality for many in the region, who often lack access to electricity because of high energy costs. Financial organizations can bridge the gap through innovative financing mechanisms for clean energy, which in turn can achieve a triple bottom-line impact.
While MFIs, funders and investors are becoming more aware of the situation, there is an opening for more organizations to enter this space. This session will outline the business case for clean energy finance in Latin America and an expert group of panelists will explain the challenges and opportunities involved in entering this sector.
- Gregory Watson, Head, Strategic Planning and Team Leader, Clean Energy, Multilateral Investment Fund, Inter-American Development Bank (Download his presentation)
- Amy Wang, Investment Officer, Global Social Investment Funds, Deutsche Bank Trust Company Americas
- Nicola Armacost, Managing Director, Arc Finance, USA
- Christian Gómez, Jr., Director of Energy, Council of the Americas (Moderator)
Event Information: Kailie Abascal | firstname.lastname@example.org |1-212-277-8393
COA Corporate Membership Information: Monica Vieira | email@example.com | 1-212-277-8344
Press Inquiries: Adriana La Rotta | firstname.lastname@example.org | 1-212-277-8384
Founder and Managing Director, Arc Finance
Nicola Armacost is the managing director and founder of Arc Finance, formed in the spring of 2008 to link the fields of finance, energy, water, and sanitation. Ms. Armacost has over 20 years experience in microfinance and development in Latin America, Africa, Asia, and Europe. From 1993 to 2008, she worked at Women’s World Banking, a global microfinance network where she held various leadership positions. Ms.
Investment Officer, Deutsche Bank
Amy Wang is an investment officer in Deutsche Bank's global social investment funds group. She supports the bank's management of its social finance funds and has special responsibilities for relationships in energy and South Asia. Prior to joining the group, Ms. Wang worked as an investment associate at Centinela Capital Partners, a private equity fund-of-funds, focused on investing in domestic emerging managers. Prior to Centinela, she was an investment banking analyst in the public finance group at Citigroup, where she focused on infrastructure and housing.
Head of Strategic Planning, Multilateral Investment Fund, IADB
Greg Watson is the head of strategic planning and partnerships at the Multilateral Investment Fund, part of the Inter-American Development Bank. He concurrently serves as the team leader for the MIF's environment and clean energy team, where he has recently developed projects on green microfinance, climate investment, adaptation, energy efficiency, forestry, and renewable energy. Additionally, Mr.