Emmanuelle Javoy

Senior Financial Sector Specialist

Emmanuelle Javoy leads CGAP’s technical agenda on blended finance, focusing on optimizing the use of blended finance instruments to advance financial inclusion and achieve development outcomes such as women's empowerment, climate change mitigation and adaptation, food security, SME development, and job creation. The project aims to maximize the impact of increasingly scarce catalytic financing.

Before joining CGAP in 2025, Emmanuelle spent a decade analyzing the creditworthiness and social performance of microfinance institutions. She visited more than 60 of them. As Managing Director of Planet Rating, she developed methodologies for credit and social performance ratings. She then worked for 10 years with leading impact asset managers, including ResponsAbility and Symbiotics, where she supervised blended finance funds investing in microfinance institutions, among which REGMIFA. 

Throughout her career, Emmanuelle has contributed to numerous CGAP-led initiatives for the inclusive finance sector, including consumer protection, prevention of over-indebtedness, social and impact performance measurement, aid-effectiveness measurement, data infrastructure. She is an active member of the Social Performance Task Force and co-founder of MIMOSA (Microfinance Index for Outreach and Saturation).

Emmanuelle holds a Master’s degree in Management from ESCP Business School in Paris. She is based in Paris and is fluent in English, French, and Spanish.

By Emmanuelle Javoy

Blog

The Most Undervalued Investment Class: Why Inclusive Adaptation Finance Deserves More Attention

Less than 1% of global climate finance is currently going toward community adaptation, leaving behind low-income households on the frontlines of climate change. Inclusive finance presents a solution, but it is not yet attracting the investment interest that it deserves. This blog explores how private sector involvement can help to close the inclusive finance gap, and what will be needed to ensure that private capital can move faster and reach further. 
Research

SmartAid Index 2014

This Technical Guide is aimed at funders interested in analyzing their effectiveness in financial inclusion. It describes the methodology of the SmartAid Index and explains how to use SmartAid.
Blog

Introducing MIMOSA: Microfinance Market Capacity Measurement Tool

The MIMOSA is a knowledge tool to estimate credit penetration in markets across the world.