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The World Bank Group - Washington, DC
posted 2 months ago
About the position
The Extended Term Consultant (Climate Specialist) will support the Climate Finance & Policy Team at IFC, focusing on assessing climate finance and ensuring Paris Alignment in IFC's investments. This role involves conducting comprehensive evaluations of investments, performing GHG accounting, and contributing to the development of sustainable finance instruments. The consultant will also prepare reports and foster collaboration within the team and across departments to enhance climate finance practices.
Responsibilities
- Conduct comprehensive assessments of IFC investments for Paris Alignment, addressing both climate mitigation and adaptation/resilience.
- 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.
Requirements
- 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, the Joint MDB Common Principles for Climate Finance Tracking, IFI GHG Accounting Methodologies, and the MDB Methodological Framework for Paris Alignment.
- 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.
Nice-to-haves
- Experience working in emerging markets.
- Knowledge of banking, private equity and/or venture capital.
- Familiarity with the UNFCCC.
