Senior Investment Officer

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Description

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The Senior Investment Officer is directly responsible for all stages of the investment cycle (i.e., origination, design, financing, and implementation) and undertakes both technical and administrative tasks associated with each stage. He/she achieves a measurable and verifiable reduction in methane emissions through methane reduction sub-projects that are technically feasible and financially viable; he/she also utilizes the budget to devise creative structures/arrangements that mobilize substantial co-investment from external parties. Specific tasks include, among others,

Analyzing the investment need in the Philippines with respect to methane emission reduction (particularly the government’s preferences and priorities), the strengths and weaknesses of current approaches to designing methane reduction sub-projects, potential entry points for private sector firms and financial institutions, etc.

Adapting the latest developments in methane reduction methodology to design sub-project ideas tailored to the Philippines. He/she must strive to go beyond process-oriented implementation and achieve superlative outcomes through technical expertise as well as by bringing competent organizations on board as implementation partners. He/she should, therefore, be someone who is constantly seeking to learn and optimize while also being excellent at communicating such knowledge.

Leverage analytical results (both interim and final) to achieve methane emission reduction at scale and originate new sub-projects. The AKCMM, upon completion, would have established a strong foundation for a variety of subsequent projects on methane; by having a strong pipeline of sub-projects, he/she will contribute to the drafting of follow-up regional/national proposals that (i) replicate/scale-up proven approaches or (ii) seek to develop more ambitious/innovative solutions.

Engagement:

• The Senior Investment Officer will engage various stakeholders (e.g., national/provincial/municipal government agencies, bilateral/multilateral agencies, private sector firms and financial institutions, research institutions and academia, NGOs, and local communities) by:
• Analyzing the nature of relationships between GGGI and stakeholders in the Philippines with respect to AKCMM – both those that already exist and those that are yet to be established but are necessary for the project’s success – and develop strategies to build, strengthen, and maintain such relationships. In doing so, he/she must clearly articulate the nature of the relationship, particularly on how their involvement adds value to the delivery of Output 3.
• Providing expert guidance on how to engage and align potential partners with the goals of Output 3 specifically and AKCMM in the Philippines generally. He/she must, therefore, have a complete grasp of the present and future trajectory of a sub-project’s implementation-related discussions/negotiations (especially on risk allocation) leading up to the signing of all implementation-related agreements. He/she shall therefore serve as an effective convenor and communicator, ensuring that there is a shared understanding of the sub-project among all implementation partners.
• Leading salient dialogue with government agencies, implementation partners, beneficiaries, and other stakeholders on matters related to Output 3 throughout a sub-project’s implementation phase. This may range from responding to a request for additional information to discussing a contractual amendment to certain activities to account for an unforeseen obstacle or delay.

Delivery:

The Senior Investment Officer will, based on guidance from and supervision of the Country Representative & Senior Policy Analyst:

• Lead the origination, design, financing, and implementation of methane reduction sub-projects in the Philippines to achieve measurable and verifiable reduction in methane emissions, utilizing the budget to develop creative structures/arrangements,
• Identify strategic opportunities to (i) engage entities based in the Republic of Korea at each stage of the investment cycle (e.g., Korean technology providers, think tanks, project developers, etc.) and (ii) mobilize additional resources from external parties to deliver results at scale,
• Perform financial, economic, and regulatory analysis throughout project concept and design stages in collaboration with the country and government counterparts; ensure that the project progresses to implementation/financing stage,
• Monitor and assess outcomes from major national/regional/international fora as well as GGGI’s project portfolio to identify emerging needs in the Philippines related to methane mitigation,
• Oversee the planning and execution of missions to gather baseline data, consult stakeholders, validate assumptions, and assess the political/operational/technical feasibility of sub-projects to be delivered under Output 3,
• Drive the successful delivery of Output 3 by (i) preparing a work plan, (ii) holding regular meetings with external stakeholders, (iii) procuring competent service providers, (iv) managing the budget and contract(s) related to the output, (v) anticipating and addressing risks, (vi) solving problems of technical or operational nature, and (vii) communicating the results effectively,
• Ensure compliance with all administrative and reporting rules as required by the Government of the Philippines, GGGI HQ, AKCF, and the ASEAN Secretariat (with respect to Output 3),
• Contribute to the delivery of Outputs 1, 2, and 4, and,
• Ensure that all project activities are implemented with full regard to safeguards and quality standards as outlined by GGGI processes.

Requirements:

Qualifications:

• Post-graduate degree in economics, finance, international relations, statistics, environmental science, or a related discipline.
• At least 7 years of experience in climate project financing, investment mobilization, and methane reduction initiatives. Additional years of experience are considered advantageous.
• Strong understanding of government budgeting and spending for climate projects, with the ability to mobilize in-kind contributions from government entities.
• Strong understanding of climate-related challenges in Philippines, particularly on the trends and sources of methane emissions and established/emerging approaches to reduce them, the Philippine development planning documents, policies, and national priorities, such as PDP 2023-2028, NCCAP 2011-2028, and the NDCIP 2020-2030 and NAP 2023-2050.
• Familiarity with methane reduction initiatives from government agencies, international organizations, the private sector, NGOs, and development financial institutions, with strong collaboration skills to align efforts across diverse stakeholders and sectors,
• Strong understanding of business models in relevant sectors, with the ability to assess, improve, and design models that effectively drive methane reduction,
• Proven ability to develop creative financing structures and mobilize investments for methane reduction projects,
• Experience in engaging with both government and private sector to achieve investment alignment,
• Proven ability to understand a novel subject matter in a short period of time and write intelligibly on the subject matter (applicants may be requested to share a writing sample), and
• Fluency in written and spoken English and Filipino.

Source:  https://careers.gggi.org/vacancy/senior-investment-officer-methane-mitigation-philippines-572044.html

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