E T Consultant - FIG Climate Job #: req30466 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 Preferred Language(s): Closing Date: 11/25/2024 (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.
We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities.
Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
Climate Finance is one of the WBG's strategic priorities.
The WBG has set a target to increase its climate business to 35% of total financing commitments by 2025.
For IFC to reach its climate commitments, FIG has embarked on a strategy to significantly increase its climate business through financial institutions.
FIG runs a global program to provide advisory services (AS) and investment services (IS) to FIs to scale up their financing of climate friendly projects.
This program comprises of technical specialists as well as investment and advisory staff who work with IFC's client FIs to build viable and scalable climate finance operations.
It draws on expertise across IFC's different industry and specialist groups, and leverages partnerships with various market players such as energy utility companies, energy service companies, equipment vendors, international supply chains and various players who support the promotion of climate smart investments and emission reduction.
To support this work, IFC has developed the Climate Assessment for Financial Institutions tool (the "CAFI Tool"), used by investment, advisory clients and other FIs, to evaluate, monitor and report results for climate/green finance projects.
IFC is seeking a qualified ETC who will work with the FIG Climate global team to support data monitoring and reporting for all FIG climate investment and advisory projects through the CAFI tool.
This will include interacting directly with FI clients both to ensure high quality data input and to identify client needs and design and implement suitable solutions.
The ETC will report to the Project Lead for the CAFI Tool, and work with a multidisciplinary team led by the Global Sustainable Finance Senior Manager, Regional FIG Managers, and FIG Climate Specialists to assist clients to track, monitor, and report on their climate investment and advisory portfolios.
S/he will also contribute towards sharing knowledge and best practices in the climate impact reporting space.
The person will be based in Washington D.C.
Specific responsibilities and qualification requirements are described below.
Duties & Accountabilities • Working with clients to collate climate/green M&E data for investment projects post-commitment or post-disbursement as well as advisory projects that are at implementation or post-implementation stages.
The tasks include checking the data entered by clients for its integrity and consistency within the CAFI Tool.
• With the support of the Project Lead, preparing regular portfolio reports and sharing the reports within FIG to highlight achievement of KPIs related to FIG climate portfolio.
• Assisting the Project Lead and Regional Climate Industry Leads with portfolio data analysis and preparation of portfolio reviews, where relevant and applicable.
• In collaboration with regional Portfolio Officers, working with FI clients to ensure they have internal capacity to provide timely and accurate data to CAFI, and providing ongoing technical support to clients (external or internal) to ensure CAFI data is correctly entered and validated in line with the methodology for sub-projects.
This will include gauging whether FIs are properly using the tool, and what further support is required, including areas outside the specific remit of CAFI data input.
• Developing training materials and providing ongoing CAFI training and on-boarding of new clients e.g., external (such as IFC investment and advisory clients, third party users, etc.)
or internal (such as Portfolio Officers, Investment Officers, Investment Analysts, etc.).
• Together with the Project Lead, working closely with Climate Business Department to assess areas for improving and adjusting CAFI functionality, including developing new climate/green finance categories that will be added to the CAFI Tool on an ongoing basis.
• Supporting the Project Lead in communication activities, including producing presentation slide decks on the program/project strategy, progress briefing, pitchbooks, etc., as well as other knowledge products.
• Other duties as required by Project Lead.
Selection Criteria • A master's degree in a relevant discipline (e.g.
environmental science, finance, business, etc.
); • At least 5 years of work experience in climate finance, including the technical and financial aspects of climate project sin a variety of sub-sectors (e.g.
renewable energy, energy efficiency, green buildings, transport, etc.
); • Expertise/familiarity with metrics and tools for tracking climate investments, including GHG accounting tools; • Awareness/familiarity with Common Principles for Climate Mitigation Finance, Green Bond Principles, and other relevant guidelines and frameworks; • Sound understanding of financial structures used to finance climate friendly projects as well as how banks, insurance companies, capital markets, and other financial intermediaries typically work in the area of climate finance; • Good understanding of the perspective of the private commercial banks, private equity, insurance companies and other financial intermediaries, including their business drivers, the scope of their operations, and their interests, to be able to successfully engage with them on a regular basis; • Capacity to deal with conflicting priorities and deliver high quality work on schedule; • Experience and proven ability to work as part of a team and with external clients, through technical competence and excellent interpersonal skills; • English language fluency is required.
Spanish language skills would be a plus.
• Advanced user of MS Office applications (Word, Excel, PowerPoint).
Experience in data analytics and visualization software and tools would be a plus (e.g.
Stata, R, PowerBI).
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.
Learn more about working at the World Bank and IFC , including our values and inspiring stories.
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.
If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum.
Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.