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Thelma Brenes

Manager Sustainable Finance Advisory, FMO

Thelma Brenes Muñoz is the Manager of the Sustainable Finance Advisory team at FMO, the Dutch Entrepreneurial Development Bank Leading her team, she plays a key role in expanding financing for inclusive and climate-focused projects, including biodiversity initiatives in emerging markets. This work is instrumental for FMO’s contribution to SDG 10 and SDG 13.  


Beyond she has of experience in impact management, microfinance and agricultural finance focusing on private sector development. With a PhD in agricultural economics and rural development, she has extensive experience in measuring and evaluating development impact across various sectors. A passionate advocate for development impact, she focuses on creating pragmatic solutions that drive inclusivity and sustainability in emerging markets. 

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