Green Climate Fund (GCF)

Funded Activity Consultants (AE and Portfolio Review and Assessment - 2 Positions)

Green Climate Fund (GCF)

Job Description

Funded Activity Consultants - AE and Portfolio Review and Assessment (2 positions)

Date: Apr 2, 2021

Location: Korea (KOR), KR

Company: Green Climate Fund


The Green Climate Fund (“the Fund”) is a 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" id="link" class="link">Executive Director. The Fund pursues a country-driven approach in its operations. The Information Disclosure Policy was recently approved by the Board and its implementation will enhance the transparency of the Fund’s operations.

The Funded Activity Consultant – AE and Portfolio review and assessment will be based at the Fund’s headquarters in Songdo, Incheon City, Republic of Korea. The position is for up to 115 working days over a 6-month period.


The Funded Activity Consultant – AE and portfolio review and assessment will be responsible for assisting the Portfolio Implementation Monitoring and Management workstream (PIMM) with a range of operational and analytical tasks necessary for the following: •    Review AE-level self-assessments required in accordance with the Monitoring and Accountability Framework •    Liaise all matters pertaining to the AE assessment and mid-term reviews with relevant divisions •    Review other reports like Annual Performance Reports (APRs), inception reports and ad-hoc documents, etc.

•    Perform other activities to support the PIMM team relating to direct Coordination with AEs to the review of templates/formats related to the AE self-assessment, APRs and other reports.

Duties and responsibilities

Under the overall guidance of the (Senior) Portfolio Management Specialist, she/he will be responsible for assisting in tasks related to assessing and reviewing AE compliance and engaging with AEs including but not limited to: •    Review AE self-assessment reports of their compliance with the GCF policies and frameworks such as fiduciary standards, environmental and social safeguards (ESS), gender policy etc.; for international entities, review of additional report on the support provided to direct access entities for accreditation or to build their capacity •    Update standard template for such reports taking into account of the nature of the entities and their capacities.

•    Conduct mid-term review of the compliance performance of the AEs at the midpoint of their accreditation period.

•    Liaise with AEs on self-reporting or mid-term reviews as needed.

•    Act as the key focal point for coordination between OPM and Accreditation team for assigned AEs and support Portfolio Management Specialists in efficiently and timeously communicating with AEs.

•    Support Senior/Portfolio Management Specialists in Annual Performance Reviews and ad hoc reviews of the GCF portfolio/projects as may be required from time to time.

•    Coordinate with other teams and undertake additional operational tasks as assigned by (Senior) Portfolio Management Specialist and the Head of the OPM.


•    At least 40 AE self-assessment reports reviewed, and feedback provided •    Report on findings and lessons from the AE self-assessment and mid-term reviews •    Updated template for AE self-assessment considering the diverse nature of GCF entities and their capacities •    At least 5 mid-term review for AEs that have reached midpoint of their accreditation period for their compliance performance and report the findings and lessons to the team as well as relevant divisions such as Accreditation Team •    Written Inputs into Board documentation as required •    Correspondence with AEs e.g., on self-assessment and review matters •    At least 5-10 APRs reviewed, and feedback provided •    Feedback reports on the review of portfolio/project reports such as APRs, Inception Reports, Interim Evaluation Reports etc. as requested by the team as assigned •    Any ad hoc reviews as necessary, in coordination with the AE, and writeup of the relevant reports Required experience and qualifications

•    Post-graduate university degree in economics, environmental studies, business Administration, finance, or other relevant fields.

•    At least 3-5 years of  experience in designing and/or implementing public and private sector projects including complex projects.

•    Experience in implementation and monitoring of both private or public sector projects. Experience in institutional Capacity Building projects is a distinct advantage.

•    Exposure to portfolio management for both the public and private sector. Experience in international organizations and/or multilateral Development Banks is an advantage.

•    Exposure to/knowledge of climate change project issues and/or GCF working modalities is an added advantage.

•    Good understanding of and/or experience in applying the Fund’s instruments (grants, debt, guarantees and equity) in Fund investment areas of focus.

•    Willingness to work outside normal hours to accommodate communication with stakeholders in different time zones; •    Ability to articulate and present ideas well both in writing and orally to a diverse audience of stakeholders at technical and strategic levels.

•    Knowledge of the operational framework and fiduciary standards of international public sector institutions.

•    Strong Interpersonal/relationship management and negotiation skills.

•    Excellent analytical skills and problem-solving skills.

•    Ability to work in a multicultural environment with diverse stakeholders at different technical and strategic levels– staff, Board and external stakeholders.

•    Unquestionable integrity and adherence to the highest ethical standards.

•    Excellent written and oral communication skills in English are essential for this position; knowledge of another UN language would be an advantage.

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.

Applications from Women and nationals of developing countries are strongly encouraged.

Closing date for the application is 23 April 2021 (KST). Application received after the closing date may not be considered
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