Pablo has worked on carbon markets for the shipping sector. He has participated in regional strategies on climate change and has worked on offsetting of carbon emissions through the Clean Development Mechanism (CDM), lessons which he is applying to the cap-and-trade scheme of the EU ETS, and to the efforts by energy-intensive companies to reduce their carbon footprint. He has designed and implemented systems to evaluate the ESG impact of development bank´s lending, in particular for renewable energy projects.