Climate Finance Specialist

The FCI MENA West unit, within the FCI Global Practice, wishes to hire an international hire Climate Finance Specialist to provide analytical, technical, and operational support to projects. 

Job Duties and Responsibilities:

To assist with its complex work program, FCI seeks to hire a highly motivated GF Climate Finance Specialist, with strong technical expertise to join our MENA West team based in HQ.  

The duties and responsibilities include, but are not limited to, the following main tasks:

Lead/Contribute to policy dialogue with counterparts and advise on the development of policies and strategies to promote low-carbon growth. This includes creating enabling environments for green finance through regulatory frameworks, incentives, and market-based mechanisms.Lead/Contribute to analytics and advisory to promote capital markets development including (i) the issuance and management of green bonds to finance environmentally sustainable projects; develop and promote green taxonomies to classify and standardize green investments; (iii) supporting the development and scaling up of carbon credit markets; advising on market mechanisms, regulatory frameworks, and strategies to mobilize private sector investment in carbon credits.Contribute and lead the development and implementation lending and non-lending operations through effective integration of expertise within the global teams and the Prosperity VPU including (i) designing and implementing projects that promote low-carbon growth; (iii) advise to develop and promote innovative financing mechanisms, such as blended finance, to leverage private sector investment in low-carbon projects. Represent the FCI Global Practice in client meetings and consultations and interact with government counterparts, financial sector, civil society, and other donors.Business Development: Cultivate strategic relationships with country clients and CMUs; contribute to technical discussions with senior clients to determine the appropriate response to their request. Manage, as appropriate, trust funds that support the program, comply with reporting obligations.Work with Program Leaders, CMUs, and colleagues in countries of intervention to ensure the integration of relevant climate finance issues in country dialogue, country strategies, work programs.

Selection Criteria:

Master’s degree in finance, economics, environmental science, or related fields with at least 5 years of relevant experience. Specialized knowledge and experience in climate change, sustainable development, and green finance mechanismPrevious roles in relevant sectors, such as financial institutions, environmental organizations, or government agencies.Experience in leading or participating in projects related to climate finance or green finance, especially in developing countries.Practical experience in designing, implementing, and managing climate finance projects. This includes familiarity with international climate finance mechanisms, such as the Green Climate Fund or the Global Environment Facility.Proficiency in financial modeling, risk assessment, and impact evaluation related to climate finance projects.Understanding of development policies and objectives, particularly how they intersect with commercial finance and capital market principles.Knowledge of institutional capacities in low- and middle-income countries to manage climate finance effectively and mitigate risks. 

Source: https://worldbankgroup.csod.com/ats/careersite/JobDetails.aspx?id=29745&site=1