Diana CÁRDENAS MONARResearch Fellow – Tools for financing the transition at the international level
Diana joined I4CE in 2023 to contribute to the development and implementation of projects of the Economics Program with a strong international dimension. Her mission entails collaborating with international partners to share, disseminate and improve methods and approaches developed by I4CE in the French context.
Before joining I4CE, Diana was the General director of the Climate Finance Group for Latin America and the Caribbean (GFLAC), where she spent two years developing and managing projects involving governments, international organizations, financial institutions, and other civil society partners. In parallel and before this experience, she worked as an independent consultant and government official, notably as Innovation Director at the Central Bank of Ecuador. Over the last 10 years, her work has focused broadly on issues related to climate public finance, energy transition, integrated approaches for adaptation and disaster risk reduction finance, and financial innovation.
Diana holds a Master of Science in Sustainable Territorial Development jointly delivered by three European universities (KU Leuven, University of Paris 1, and University of Padua), a Master in Economics of Planning and Local Development by the University of Paris 1 – Pantheon Sorbonne, and a specialization in Leadership, Climate Change and Cities by the Latin American Faculty of Social Sciences (FLACSO – Ecuador/Costa Rica). She is also a graduate in Business and International Relations from the Catholic University of Ecuador.
Synergising Sustainable Development Goals Finance with Climate FinanceSustainable development and climate change are two pressing and interconnected issues that countries have committed to address at the international level. The 2030 Agenda for Sustainable Development, with the 17 Sustainable Development Goals (SDGs) including climate action, at its core was adopted by the United Nations (UN) in 2015. The same year, the Paris Agreement was adopted by Parties of the UN Framework Convention on Climate Change. Both instruments have clear global and national targets in the medium- and long-term that are still far from being met.
Reforming development finance to enable the sustainable development transitionThis blog-post is conducted by [i4ce] and IDDRI. The international community recognizes that the global development finance architecture is no longer fit for purpose. The World Bank, the IMF, and other institutions of the broader development finance system are today asked to invest more in global goods (specifically to fight against climate change and to preserve biodiversity, but their internal structure and the paradigms on which they ground their decisions have not changed since they were created with development – poverty and macroeconomic stability notably – as their main mandate. In this context, it should be no surprise that the response of these international institutions remains inadequate in terms of volume, structure and accessibility.