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Marcel Tarazona


Marcela Tarazona (Head of Climate Finance and Economics, Genesis) has over 20 years of experience in climate and disaster financing and management, public finance, shock responsive social protection, energy and transport economics, just transition, understanding the impacts of climate change, and green growth. She has a strong understanding of climate policy and international cooperation, particularly in climate finance and as such has an excellent understanding of the international development partner landscape and the architecture of the Paris Agreement. She has worked at the intercept of governments, academia, donors, DFIs, private sector and civil society. She was the Climate Finance Lead for Action on Climate Today, supporting South Asian governments to embed climate finance into public budgets and access international climate finance through an applied political economy approach. She was the political economy lead for a team that supported the Indonesian Ministry of Finance to implement fiscal policy, and establish appropriate financing mechanisms to support low carbon development.

She brings a deep understanding of the political, economic, and social context in developing countries owing to her experience working in Latin America, South Asia, and Africa. Marcela recently led the diagnosis and mapping of climate finance supply and offer for 6 countries in Sub-Saharan Africa and a feasibility study for the deployment of financial instruments to support resilience building, adaptation, environmental improvement, and proper waste management in a coastal city in Senegal. She was the Climate Finance Lead for Action on Climate Today (ACT) (2014-2018), where she led design of FFRG training for regional workshops of the UNFCCC Least Developed Countries Expert Group on FFRGs for National Adaptation Plans. Marcela co-led the design of an online training, now hosted by the World Bank on ‘Financing Frameworks for Resilience Growth’, targeting technical level decision makers in climate change budgeting and green finance. Marcela worked in the Low Carbon Support (LCS) Programme at the Ministry of Finance in Indonesia (FCDO, 2013-2015), providing technical assistance to the Fiscal Policy Office and the Indonesia Investment Agency at the MoF to promote fiscal policy reform and investment, with focus on low carbon energy. She also recently presented training and capacity building to the Bank of Thailand on mainstreaming climate change into financing mechanisms to strengthen resilience.Marcela holds a PhD in Economics, an MPhil Environmental and Natural Resource Economics from Toulouse School of Economics and an MA Environmental and Natural Resource Economics from University of Maryland and Universidad de Los Andes. She is recognised as an excellent team leader and team builder, a strong communicator and enjoys creating solutions involving different perspectives and incentives. She is well-published and has excellent writing and verbal communication skills not only in English, but also in French and Spanish.

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