Publications | Convergence Advisory

Convergence Advisory publishes policy briefs and analytical work at the intersection of water governance, climate finance, and institutional reform aimed at practitioners, donors, and development finance institutions working in complex governance environments

Two workers in blue hard hats and orange safety vests installing a water pipeline at a construction site in Latin America

The Absorption Gap: Why Institutional Readiness, Not Capital, Is the Binding Constraint on Water Finance in Latin America

A new policy brief from Convergence Advisory introduces a diagnostic framework for closing the gap between climate finance commitments and durable water service delivery. Alvarez Murillo, Isabel, The Absorption Gap: An Institutional Readiness Lens for Climate-Resilient Water Finance in Latin America (March 20, 2026). Available at SSRN: https://ssrn.com/abstract=6537358 or http://dx.doi.org/10.2139/ssrn.6537358 © 2026 Convergence Advisory. All rights reserved. The Absorption G