INTRODUCTION TO GGGI

The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.

 

PROJECT BACKGROUND

The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization whose mission is to support and promote strong, inclusive, and sustainable economic growth in developing countries and emerging economies. GGGI operates in over 40 countries to deliver on the Sustainable Development Goals and the Nationally Determined Contributions to the Paris Agreement.

GGGI has a unique in-country presence and prominent role as an independent, trusted advisor and strategic development partner embedded in Member and partner governments. These advisors are directly engaged with national governments in setting the strategic direction for national program development guided by a Country Planning Framework with the Government. GGGI’s operating model maximizes the potential to translate green growth strategies and policies (especially economic policies) into green investment plans, mobilizing green finance commitments needed to bolster support for low-carbon and climate-resilient economic development and institutional solid capacity development.

GGGI, in collaboration with the Ministry of Environment and Natural Resources and under the European Union’s Readiness Technical Assistance Facility, is providing technical assistance to the Government of the Dominican Republic in the allocation of green bond proceeds and the impact and allocation report of the 2024 sovereign green bond issuance. The Dominican Republic’s inaugural $750 million green bond allocated investments to national public investment projects in the following eligible green categories: i) Low carbon transport; ii) Renewable energy; iii) Natural resources, use of soils, and protected marine soils; and iv) Efficient and resilient management of water and wastewater.

Also, GGGI is providing a multiyear technical assistance program to the Government of the Dominican Republic titled “Mobilizing International Climate Finance and Private Investments for Low-Carbon Development in the Dominican Republic.” The program, funded by the Green Climate Fund (GCF) Readiness and Preparatory Support Program, aims to enhance the institutional capacity, strategic frameworks, and project pipeline of the Government of the Dominican Republic to increase the mobilization of national and international climate finance and private investments for the implementation of the nationally determined contribution (NDC) and low carbon development. The GGGI program aims to support the Government of the Dominican Republic’s climate finance efforts by delivering a set of complementary workstreams under the Dominican Republic´s National Climate Finance Strategy.

POSITION SUMMARY

The Sustainable Finance Officer (SFO) Officer will provide specialized technical support to enhance the Ministry of Environment and Natural Resources’ (MMARN) institutional capacity for accessing climate finance and implementing sustainability plans and processes within the Ministry’s scope and across the Dominican Republic government. This position will focus on redesigning climate change and sustainability processes, structures, and frameworks within the Ministry of Environment and Natural Resources (MMARN). The SFO will also lead efforts to generate data for evaluating the impact of investments, promote cleaner production systems, and optimize resource efficiency and sustainability practices. In addition to the primary responsibilities, the SFO will develop high-quality and competitive Readiness Multi-year funding proposals to the GCF and, when required, to other donors. With a strong emphasis on technical expertise, the SFO will apply advanced data analysis tools, including Power BI and Excel, to support investment planning and decision-making.

PURPOSE

The primary purpose of this position is to provide technical and analytical expertise to strengthen institutional readiness for climate finance mobilization and implementation. The Officer will be critical in supporting the Ministry in creating sustainable investment funds. This includes assisting in preparing bankable projects and concept notes of green and blue projects. Additionally, the Officer will coordinate initiatives to enhance sustainable resource management practices and cleaner production strategies, aligning investments with national priorities and international sustainability standards. The role will leverage data-driven methodologies to evaluate and optimize project impacts while enabling the design of innovative financing mechanisms to support low-carbon development.

ENGAGEMENT

The SFO will:

• Directly report to the Dominican Republic Program Manager.
• Work closely with officials within the Climate Change and Sustainability area of the MMARN.
• Work with the Public Finance Officer, Sustainable Finance Offer, and other administrative and reporting positions within GGGI.
• Work closely with national institutions, particularly the Ministry of Environment and Natural Resources, redesign operational plans and organizational structure, develop Environmental, Social and Governance (ESG) KPIs, support the development of bankable investment green projects and improve institutional capacity.
• Collaboration with other public institutions (e. g. Ministry of Finance, Ministry of Economy, Planning and Development, Central Bank) and international organizations.
• Engage with GGGI Headquarters and regional offices, ensuring alignment with global best practices and donor priorities.
• Engage with private-sector actors and industry stakeholders to promote sustainable financing instruments, cleaner production practices, and resource-efficient technologies.
• Communicate effectively with project teams, stakeholders, and donors to support seamless project execution and compliance with GCF standards.

DELIVERY

The SFO will act as the team’s expert, enabling and supporting the integration of environmental, social and climate change considerations in public finance plans, processes and instruments within the Ministry of Environment and Natural Resources and, when required, other public institutions. The Officer will contribute his/her knowledge of public finance processes, instruments and policies to support the successful delivery of a broad set of sustainable development interventions, including:

• Support the Dominican Republic’s government in the allocation of green bond proceeds and the impact and allocation report of the 2024 sovereign green bond issuance.
• Provide technical support for re-designing and transforming climate change and sustainability processes and instruments within the MMARN.
• Actively support the preparation of a high-quality GCF Readiness proposal that incorporates financial modeling, and sustainability assessments to secure funding for priority projects;
• Perform financial, economic, and regulatory analyses to inform project design, feasibility assessments, and decision-making processes in sustainable development and climate topics.
• Develop tools and methodologies to generate and analyze data for measuring investment impacts and supporting evidence-based decision-making; Propose Environmental, Social, and Governance (ESG) key performance indicators within public planning processes and operations.
• Collaborate with internal and external stakeholders to identify gaps in sustainable and green infrastructure projects and conduct gap analyses to address deficiencies.
• Facilitate coordination between ministries to accelerate projects through the investment pipeline and explore opportunities to enhance domestic financing options.
• Provide scientific-based project ideas and programs, ensuring integration of cleaner production principles and sustainable resource efficiency measures.
• Deliver capacity-building activities, including training and workshops, to strengthen institutional capabilities and improve project preparation and implementation.
• Engage with financial regulators to influence finance policy development and decision-making; Identify and structure new investment opportunities to expand the portfolio of sustainable projects, ensuring that conservation efforts are well-defined, measurable, and aligned with national priorities.
• Provide sound technical support to the MMARN for consultations, ensuring compliance with donor requirements and addressing operational challenges during project initiation and implementation.
• Design and promote sustainable production systems and resource-efficient technologies to optimize the use of natural resources and minimize environmental impacts considering the National Climate Finance Strategy framework;
• Develop detailed financial models and conduct feasibility studies to assess project viability and sustainability impacts;
• Any other analytical work to ensure that deliverables are provided on time to support subsequent work and consistent with work plan.
• Assist in preparing funding proposals with clear problem statements, theories of change, and logical frameworks;
• Assist with reviews and comments for feasibility studies;
• Deliver the training or hands-on training approved by the Government.

This role emphasizes technical collaboration, focusing on data analysis, feasibility assessments, and financial modeling using tools like Power BI and Excel. The SFO will coordinate the development of investment opportunities and evaluate their economic and environmental viability. He/she will actively support preparing a GCF Readiness funding proposal and providing insights into resource optimization.

REQUIREMENT

QUALIFICATIONS

• Must be a national of the Dominican Republic.
• Bachelor’s degree in Finance, Economics, Engineering, Environmental Sciences, or related fields
• Master’s in Economy, Finance, Sustainability or Project Management preferred.
• At least 5 years of professional experience working in the public finance sector, preferably at the Ministry of Finance, Ministry of Economy, Planning and Development, Central Bank, or development agency.
• Proficiency in data analysis tools, including Power BI and Excel, with experience in financial modeling and feasibility assessments (preferably).
• Strong analytical, organizational, and communication skills, with the ability to manage complex projects and multiple stakeholders.
• Experience accessing and structuring finance for climate investment and in organizational strengthening and/or public financial management is a plus.
• Knowledge of and experience in adhering to internationally agreed environmental and social safeguards (ESS) and gender-sensitive design requirements.
• Utilize Power BI and Excel for data visualization, trend analysis, and performance monitoring to support strategic decision-making;
• Fluency in written and spoken English.

FUNCTIONAL

• Ability to interact and form relationships with high-level government officials and partners.
• Demonstrated ability to formulate concept notes and project proposals in compliance with requirements of various climate finance funds.
• Demonstrated relationship-building and facilitation skills.
• Resourceful and able to develop and operationalize strategies to achieve outputs and outcomes
• Ability to multi-task and prioritize under stressful circumstances.
• Project management: Proven ability to independently plan, manage, and complete projects that deliver quality outcomes in a timely and inclusive manner.
• Communication: Strong written and verbal communication skills, with the ability to deliver products or presentations that are concise, easy to understand, and influential.
• Influencing change: Track record of engaging effectively to secure buy-in, underpinned by strong listening, trust-building, influencing, facilitation, and negotiation skills.
• Team player: Capacity to be a selfless team member, to operate across organizational boundaries, and to maintain a resilient, positive, and results-focused mindset in a dynamic environment.

CORPORATE

• Understands and actively supports GGGI’s mission, vision, and values.
• Promote the optimum use of public resources.
• Promotes an organizational culture of trust, transparency, respect and partnership.
• Processes and shares information easily.
• Manages emotions and stress positively, builds rapport, and resolves conflict easily.
• Promote creativity and innovation among staff.
• Be able to coordinate where needed and provide solutions to project-level challenges.

WORKING CONDITIONS 

The Sustainable Finance Officer is an X8 grade level in GGGI’s Dominican Republic national salary scale. The salary range for the position starts at USD 37,341 per annum, depending on qualifications, experience and internal equity. GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance that covers dental and vision.

GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members in achieving a better balance between work and personal/family commitments, thus ensuring high performance, long-term productivity, and well-being.

Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.

Level of Education: Bachelor Degree

Work Hours: 8

Experience in Months: No requirements