Climate Change Division

You will work in CSD/CCS, through the Natural Capital Lab program, is looking for a professional to provide support to current and future debt for nature transactions.
The role of the expert is to support technical and practical knowledge about the design and implementation of conservation commitments in marine and terrestrial areas, support multi-stakeholder negotiation of these commitments, help to outline the processes required to meet the conservation commitments, identify appropriate conservation trust funds to channel savings, and to support governments in the necessary analysis of these transactions.
Consistent with the increasing demand for Multilateral Development Banks (MDB), to support the implementation of the 2030 Sustainable Development Goals (SDG), the Paris Agreement Commitments (PAC), and the Global Biodiversity Framework (GBF) the IDB is committed to increase its technical, financial support to LAC countries to fill financing gaps for biodiversity, nature-based solutions, climate, and sustainability, while also supporting debt-reduction strategies.
In 2022, the IDB was the first MDB to support a debt for nature transaction, in Barbados, in which a policy-based guarantee was used to support issuance of sustainability-linked bonds.  The proceeds from this transaction were used to buy-back more expensive debt, and the savings were channeled to a conservation trust fund to support marine protection.
You will work for the Climate Change Division (“CSD/CCS”), which is part of the Climate Change and Sustainability Sector (“CSD”). This team is responsible for advising IDB management and developing policies, strategies, operational guidelines, and programs on issues relevant to the sector, as well as related areas. In addition, CSD carries out relevant sector research, analytical work, sector practices and case studies on climate change and sustainability. As a division of CSD, CSD/CCS provides support: (i) in the mainstreaming of climate change in the actions and operations of the IDB group and (ii) in the mainstreaming of climate change in the regional countries of the IDB group through support to the ministries of environment, planning, and economy and finance of the region. Both axes share the objective of strengthening climate policy at the subnational, national, and regional levels.