E T Consultant - Climate Specialist, Financial Institutions
Job #: req29944
Organization: IFC
Sector: Climate Change
Grade: EC2
Term Duration: 1 year 0 months
Recruitment Type: Local Recruitment
Location: Washington, DC, United States
Required Language(s): English
Closing Date: 10/30/2024 (MM/DD/YYYY) at 11:59pm UTC
Description
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. With operations in over 100 countries, we leverage our capital, expertise, and influence to create markets and opportunities in developing countries. Climate action is at the core of IFC's business. The Climate Finance & Policy Team within the Climate Business Department is tasked with mainstreaming Paris alignment in IFC's operations, assessing climate finance in investments, and leading climate impact measurement.
Duties and Accountabilities
- Conduct comprehensive assessments of IFC investments for Paris Alignment, addressing both climate mitigation and adaptation/resilience, throughout the lifecycle of the investments.
- Perform in-depth research on clients' decarbonization plans and strategies to inform Paris Alignment assessments.
- Perform GHG accounting for relevant IFC projects, ensuring adherence to recognized standards.
- Evaluate the eligibility of IFC investments under the MDB Common Principles for Mitigation and Adaptation Finance.
- Contribute to the development and regular updates of guidance notes, based on the latest Joint MDB Common Principles for Climate Finance and Paris Alignment criteria.
- Assist in structuring sustainable finance instruments, such as green bonds, green loans, sustainability-linked loans, and adaptation finance solutions.
- Prepare detailed reports and presentations to convey progress, findings, and recommendations to both internal and external stakeholders.
- Support the continuous improvement of processes, guidelines, and policies to strengthen climate finance, Paris Alignment, and GHG accounting practices across IFC operations.
- Foster a collaborative and inclusive work environment, promoting effective teamwork and knowledge sharing within the team and across departments.
- Undertake additional duties as needed to respond to evolving team objectives and priorities.
Selection Criteria
- Advanced degree in Business, Finance, Public Policy, Environmental Science, Engineering, or any Scientific Discipline.
- Minimum of 5 years of relevant professional experience, ideally in climate finance, Paris Alignment, GHG emissions assessment, or development finance.
- Good understanding of global climate finance frameworks, and familiarity with the UNFCCC is an asset.
- Excellent teamwork capabilities and the ability to interact effectively with a diverse range of clients and colleagues.
- Flexibility in task management and willingness to expand professional responsibilities.
- Proven ability to produce high-quality work under tight deadlines, prioritize effectively, and manage unexpected work demands.
- Strong independent work ethic and attention to detail.
- Excellent communication and presentation skills in English; additional languages are advantageous.
- A demonstrated commitment to global development, low-carbon growth, and promoting climate mitigation and adaptation.
World Bank Group Core Competencies
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years.
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