The Green Climate Fund (“the Fund”) is a new multilateral fund created to make a significant and ambitious contribution to the global efforts towards attaining the goals set by the international community to combat
climate change.
The Fund will contribute to the achievement of the ultimate objective of the
United Nations Framework Convention on Climate Change (UNFCCC). In the context of
sustainable development, the Fund will promote the paradigm shift towards low-emission and climate-resilient development pathways by providing support to developing countries to limit or reduce their greenhouse gas emissions and to adapt to the impacts of climate change, taking into account the needs of those developing countries particularly vulnerable to the adverse effects of climate change.
The Fund is governed by a Board, composed of an equal number of members from developed and developing countries. The Fund is operated by an independent Secretariat headed by an
director" style="border-bottom: 1px dotted #007bff !important;">Executive Director. The Fund will pursue a country-driven approach in its operations.
The Fund seeks to recruit an Innovation, Technology and Co-Funding Consultant to join its team at its headquarters in Songdo, Republic of Korea, for a period of 6 months.
Role
Under the supervision of the Manager of Innovation, Technology and Co-Funding team and overall guidance of the Director of the Private Sector Facility (PSF), the Consultant will support the team in the implementation of its 2021 priorities. The consultant will provide operational, analytical and administrative support to the Private Sector Facility – Innovation, Technology and Co-Funding team. S/he will support the operationalization of the PSF Strategy, calling for more active pipeline development, and the advancement of Concept Notes into Funding Proposals.
Duties and responsibilities
The Consultant will be responsible for but not limited to:
• Support development of the Innovation, Technology and Co-Funding team pipeline for 2021 and 2022 by screening innovative and impactful climate-related technologies and engaging their developers to facilitate support of transformation of project ideas into the funding proposals;
• Provide technical inputs on board documents where necessary;
• In collaboration with other members of the Innovation, Technology and Co-Funding team, the Consultant will also support the team in the interdivisional Fund processes of review and
analysis of Concept Notes and Funding Proposals in the preparation for the Board’s consideration;
• Provide analytical support to task managers on financial, economic and project / programme analysis, including but not limited to, conducting
market research and
financial analysis, as a part of the secondary due diligence;
• Support the task managers/leads in the due diligence process of advancing funding proposals;
• Preparing presentations and documents for the Climate Investment Committee during internal approval process;
• Supporting structuring and negotiations with Accredited Entities, including but not limited to drafting term sheets and funded activity agreements;
• Contributing to the Innovation, Technology and Co-Funding team outreach efforts including participation in the major climate technology-related events and conferences and support for country / stakeholder engagement endeavors, webinars, etc;
• Support the Director of Private Sector Facility on preparation of
business development efforts aimed at aligning the forward-looking investment pipeline with the new evolving strategy and policies; and,
• Perform additional operation tasks assigned by the Director and other Managers.
Required experience and qualifications
• Master’s degree, in finance, economics, international development, climate policy, environmental studies or other relevant subject(s);
• Minimum three (3) years of relevant experience;
• Experience in an international organization, preferably with a focus on
climate finance;
• Experience in engaging with external clients and institutions;
• Exposure to and knowledge of emerging markets, especially in Africa,
Latin America and Asia Pacific is viewed favorably;
• Knowledge of environment, development and climate finance;
• Analytically minded with strong writing and presentation skills in English;
• Technological aptitude and open-minded approach to new concepts and ideas;
• Ability to embrace fast-paced dynamic environment and adapt to change;
• Fluency in English is essential, proficiency in French or Spanish preferred; and
• Proficient with Microsoft Office (MSWord, Excel and PowerPoint) and collaboration platforms (Teams, Sharepoint).
Candidates of all nationalities are welcome to apply. However, the compensation and benefits package for this position will be determined on the basis of a local recruitment.
Women and nationals of developing countries are strongly encouraged
Closing date for applications is
16 July 2021 (KST). Applications submitted after the closing date may not be considered.