Climate Risk Financing Solutions and Strategy Consultant

Job Posting Organization:
The United Nations Capital Development Fund (UNCDF) is an organization that focuses on promoting financial inclusion and sustainable development in developing countries. Established in 1966, UNCDF aims to support the achievement of the Sustainable Development Goals (SDGs) by providing innovative financing solutions and strategies. The organization operates in various countries across the globe, with a particular emphasis on the least developed countries. UNCDF works with local governments, financial institutions, and other stakeholders to create an enabling environment for inclusive finance and investment. The organization employs a diverse team of professionals dedicated to advancing economic development and resilience in vulnerable communities.

Job Overview:
The Climate Risk Financing Solutions and Strategy Consultant will be responsible for developing a comprehensive scale-up strategy for the Climate Disaster Risk Financing Initiative (CDRFI) through the Insurance Guarantee and Financing Facility (IGFF). This role is crucial for the Pacific Insurance and Climate Adaptation Programme (PICAP), which aims to enhance the resilience of communities in the Pacific region to climate-related risks. The consultant will engage with various stakeholders, including government agencies, financial institutions, and community organizations, to identify needs and opportunities for climate risk financing. The consultant is expected to conduct thorough research, analyze data, and provide actionable recommendations that align with UNCDF's mission of promoting sustainable development and financial inclusion. The assignment will span 120 days over a period of 9 months, requiring the consultant to deliver high-quality outputs within the specified timeframe.

Duties and Responsibilities:

• Develop a detailed scale-up strategy for the CDRFI through the IGFF, ensuring alignment with the objectives of the PICAP.
• Conduct stakeholder consultations to gather insights and feedback on climate risk financing needs and challenges.
• Analyze existing climate risk financing mechanisms and identify gaps and opportunities for improvement.
• Prepare comprehensive reports and presentations summarizing findings, recommendations, and proposed strategies.
• Collaborate with UNCDF team members and external partners to ensure effective implementation of the strategy.
• Monitor and evaluate the progress of the strategy implementation, making adjustments as necessary based on feedback and changing circumstances.
• Provide technical assistance and capacity-building support to stakeholders involved in climate risk financing initiatives.
• Stay updated on global best practices and trends in climate risk financing and adaptation strategies.

Required Qualifications:

• Proven expertise in climate risk financing, insurance mechanisms, and disaster risk management.
• Strong analytical skills with the ability to synthesize complex information into actionable strategies.
• Excellent communication and interpersonal skills, with experience in stakeholder engagement and consultation.
• Familiarity with the Pacific region's climate challenges and financial landscape is highly desirable.
• Ability to work independently and manage multiple tasks effectively within tight deadlines.
• Proficiency in project management and strategic planning.

Educational Background:
A master's degree in finance, economics, environmental science, or a related field is required. Additional certifications in climate risk management or disaster risk financing will be considered an asset. Candidates with a strong academic background and relevant coursework in climate change adaptation and financial inclusion will be preferred.

Experience:
A minimum of 5 years of professional experience in climate risk financing, insurance, or related fields is required. Experience working with international organizations, government agencies, or NGOs in the context of climate adaptation and disaster risk management is highly desirable. Proven track record of developing and implementing strategies in complex environments will be an advantage.

Languages:
Fluency in English is mandatory. Knowledge of additional languages spoken in the Pacific region, such as Fijian or Hindi, would be considered a plus.

Additional Notes:
This position is offered as an individual contractor role, with a contract duration of 120 days over a period of 9 months. The consultant is expected to work remotely but may be required to travel to Fiji or other locations as necessary for stakeholder consultations. Compensation will be commensurate with experience and qualifications, and benefits may include allowances for travel and accommodation if applicable.