Kruskaia Sierra-Escalante is currently the Manager of IFC’s Blended Finance - New Business and Portfolio within the Blended Finance Department. Since 2013, Kruskaia managed the Blended Climate Finance unit and its approximately $1 billion bilateral and multi-lateral donor-contributions for climate-smart co-investments in IFC projects. During this period, the blended climate finance portfolio doubled in volume and enabled projects in riskier markets. She also headed the Blended Finance unit, a governance unit performing credit review, quality assurance and knowledge sharing functions for all blended finance sectors. Prior to taking these roles, Kruskaia was IFC’s Global Lead Counsel for Climate and Blended Finance.
Kruskaia holds a Master’s degree in Public Affairs, with a concentration in Economics and Public Policy, from Princeton University’s Woodrow Wilson School, and a J.D. from the New York University School of Law. Before joining IFC in 2003, Kruskaia was at Chadbourne & Parke, LLP, working primarily in project financings in the power sector.