Mafalda Duarte is Executive Director of the Green Climate Fund. For decades, she has challenged business as usual to advance innovative and pioneering approaches to development and climate investment around the world. Previously, she served as CEO of the Climate Investment Fund.
Mafalda Duarte is the Executive Director of the Green Climate Fund, which she joined in August 2023.
Throughout her career, Mafalda Duarte has focused on helping developing countries build climate-smart, resilient economies, recognising that they are often the most vulnerable to the impacts of climate change. She is committed to ensuring that public finance is deployed in ways that accelerate the transition to low-carbon, resilient economies while strengthening communities’ capacity to withstand future climate shocks.
Prior to her current role, Duarte was CEO of the $8.3 billion Climate Investment Funds (CIF) from 2014. In this position, she led the strategic and policy-related efforts to advance the CIF model, steering a multibillion-dollar portfolio of investments that pushed the frontiers of clean energy, sustainable land management and resilience across more than 70 middle and low-income countries. Before taking the helm of the CIF in 2014, Duarte held senior roles at the African Development Bank and the World Bank, where she led policy and corporate initiatives and managed climate-related portfolios.
Duarte holds a Master’s degree in Economic Policy Management from Columbia University, with a specialisation in climate change and sustainable development.
Mafalda Duarte
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Mafalda Duarte is the Executive Director of the Green Climate Fund, which she joined in August 2023.
Throughout her career, Mafalda Duarte has focused on helping developing countries build climate-smart, resilient economies, recognising that they are often the most vulnerable to the impacts of climate change. She is committed to ensuring that public finance is deployed in ways that accelerate the transition to low-carbon, resilient economies while strengthening communities’ capacity to withstand future climate shocks.
Prior to her current role, Duarte was CEO of the $8.3 billion Climate Investment Funds (CIF) from 2014. In this position, she led the strategic and policy-related efforts to advance the CIF model, steering a multibillion-dollar portfolio of investments that pushed the frontiers of clean energy, sustainable land management and resilience across more than 70 middle and low-income countries. Before taking the helm of the CIF in 2014, Duarte held senior roles at the African Development Bank and the World Bank, where she led policy and corporate initiatives and managed climate-related portfolios.
Duarte holds a Master’s degree in Economic Policy Management from Columbia University, with a specialisation in climate change and sustainable development.
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Articles & Videos
Why Climate Finance Is a People Story
Duarte explains why investment decisions must connect global climate goals with tangible outcomes for communities
How Can We Make Climate Finance Fit for Purpose?
An in-depth conversation with Duarte on her campaign to reengineer the world’s largest multilateral climate fund for greater efficiency and impact
A Conversation With the Executive Director of the Green Climate Fund, Mafalda Duarte
Duarte discusses the road to COP29 and mobilising capital for climate action in MENA
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