Description
Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.
The Sustainable Development Practice Group & the Climate Change Group
Climate change, poverty, and inequality are the defining issues of our age. The World Bank is the biggest multilateral funder of climate investments in developing countries. Over $32 billion in 2022 alone – accounting for over half of multilateral climate finance to developing countries—and over two-thirds of adaptation finance. We intend to go further in helping countries reduce poverty and rise to the challenges of climate change with our revamped mission to create a world free from poverty on a livable planet.
The Sustainable Development (SD) Practice Group (PG) helps countries tackle their most complex challenges in the areas of Agriculture and Food, Climate Change, Environment, Natural Resources & Blue Economy, Environmental and Social Framework, Urban, Disaster Risk Management, Resilience & Land, Social Sustainability and Inclusion, and Water. The Climate Change Group (CCG) resides in the SD PG and is responsible for mainstreaming climate change across the Bank and scaling climate finance.
The Climate Finance & Economics Unit
The Climate Finance & Economics Unit (SCCFE) is one of five units in the World Bank’s Climate Change Group (CCG). The mandate of the unit encompasses three workstreams:
(i) Climate analytics and diagnostics: development of climate analytics and diagnostics, including tools, instruments and flagship reports that inform climate policy, priorities and finance;
(ii) Carbon markets & finance and carbon pricing: support client countries on carbon markets and carbon pricing and drive innovation in international carbon markets infrastructure; and
(iii) Scaling up and innovation in climate finance: develop innovative climate finance instruments and business models to help the Bank scale up climate finance.
SCCFE accomplishes its mandate in close collaboration with other units within CCG and other regional teams and global practices (GPs).
About the Position:
SCCFE is seeking a highly motivated ETC to support the delivery of SCCFE’s carbon market workstream. In addition to familiarity with carbon markets and carbon pricing, the successful candidate is expected to have strong analytical and project management skills, superb attention to detail, and excellent communication and interpersonal skills. The ETC will be based in Washington, DC, and report to SCCFE’s Practice Manager.
Duties & Accountabilities
• Support the carbon market analytics and data management to help deliver products relating to the State and Trends of Carbon Pricing (including the State and Trends of International Carbon Markets). This includes undertaking research to gain market intelligence (supported by data) relating to the carbon markets, both domestic and international (voluntary and Paris Agreement markets). It also includes supporting the management of the carbon pricing dashboard.
• Support alignment and collaboration across World Bank work on carbon markets, including promoting linkages with data collected via the Climate Warehouse and CAD Trust.
• Coordinate the unit’s activities with knowledge partners on international carbon markets activities.
• Support engagements across teams in CCG, GPs, Regions, and externally pertaining to conceptualizing, piloting, and implementing innovative cutting-edge concepts and products for mobilizing additional finance through carbon markets.
• Lead research and develop analytical work products on the latest carbon market trends and policies. This includes supporting the development of “lessons learned” reports and any other relevant reports/ approach papers on international carbon markets and the development of briefing notes and presentations to respond to requests from the Senior Management
• Support capacity building and technical assistance engagements with client countries to develop and implement climate policies and institutional arrangements to access climate finance and carbon markets. This includes supporting the development of training material/e-courses on international carbon markets.
• Support relevant activities to operationalize the World Bank engagement roadmap on carbon markets.
• Perform other duties and functions as assigned by the SCCFE Practice Manager or other SCCFE leads and TTLs.
Selection Criteria
• A Master’s degree or equivalent post-bachelor qualification in economics, finance, energy, environment, international development, or other relevant technical field.
• 2 years of combined work experience in climate change, sustainability, or policy-related work in a sector with high climate mitigation potential (e.g., energy, agriculture, transport).
• Familiarity and working experience with international carbon markets, carbon pricing, and climate agreements.
• Knowledgeable on climate negotiations, mainly under Article 6 of the Paris Agreement and developments in the voluntary carbon markets
• Familiarity with climate finance concepts and trends.
• Familiarity with World Bank climate initiatives.
• Strong quantitative and analytic skills.
• Demonstrated interpersonal skills and experience in working effectively in multi-disciplinary teams.
• Excellent communication skills, specifically in writing and editing briefs and reports and preparing PowerPoint presentations.
• Ability to balance competing demands and priorities and respond quickly to internal and external client requests.
• Fluency in English is required; proficiency in additional languages is preferred.
World Bank Group Core Competencies
Climate Change 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.
This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.
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This vacancy is archived.