
International climate finance is reaching record levels. Across Latin America, Africa, and beyond, water insecurity is deepening regardless.
The bottleneck is not capital. Across LAC, an estimated 70% of MDB-financed water projects underperform on institutional outcomes.
It is the institutional architecture required to receive it, deploy it effectively, and sustain the results over time.
The Problem
The Absorption Gap
A proprietary diagnostic framework
Climate finance fails at the institutional level across five predictable dimensions: regulatory clarity, inter-institutional coordination, fiscal and operations readiness, tariff and revenue viability, and political and data accountability.
Where any one is absent, capital produces infrastructure without services. Where several are absent simultaneously, which is common, the failures compound into a systemic loop that no volume of additional financing can resolve.
The Absorption Gap Framework provides a structured methodology for diagnosing which conditions are missing and what sequenced institutional investment is required before capital deployment.
We diagnose the Absorption Gap. We strengthen Institutional Conversion Capacity.
Why Convergence Advisory
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The founder delivers every output. No senior partner sells and junior staff deliver. Isabel Álvarez Murillo leads every engagement from scoping to final report. The quality of the proposal is the quality of the work.
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Proprietary analytical framework. The Absorption Gap Framework is not a generic consulting methodology. It is a published and citable tool developed from 12 years of applied field experience inside the regulatory and institutional systems it diagnoses.
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Trilingual delivery at full analytical depth. English, French, and Spanish, not translation outsourced after the fact. Analysis, stakeholder interviews, and deliverables in the language your counterparts work in.
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Lean model, institutional credibility. No overhead passed to clients. No internal approval cycles. Direct senior engagement from day one, with the turnaround speed that programme design windows require.
