Background of this search:
Governmental capacity for efficient planning, the need to develop incentives and access to financing, and a full understanding and coordination of international climate financing have been identified as key factors allowing countries to respond to climate change, promote sustainability, and low carbon emissions more effectively. Financial institutions, national development banks (NDBs), and other key participants in the domestic capital markets could play a critical role in promoting sustainability and climate mitigation financing, given their ability to: promote financial incentives, manage national funds, and leverage international financing, boosting their impact and effectiveness through their knowledge of and experience in the sector.
The Connectivity, Markets and Finance Division (IFD/CMF) of the Inter-American Development Bank (IDB) seeks to scale up IDB’s current activities to promote green finance, in this case through innovative structured financing strategies and thematic bonds issuances. Through the Technical Cooperation programs RG-T3964 and RG-T3368, IFD/CMF aims to support the scaling up of private sector low carbon and resilient investments and by empowering local financial and capital market players to issue thematic bonds and include Environmental, Social and Governance (ESG) and Climate related information and coordinate and support the structuring of innovative green financing strategies in particular in supporting the implementation of a portfolio activities being executed by the IDB across the Latin American and the Caribbean Region.
A consultant with expertise on green finance and in particular green bonds is required to support the execution of the technical assistance programs mentioned above as well as participate in the development of new technical assistance projects related to green finance and/or sustainable debt. The incumbent would also be responsible to ensure that all the support information, including implementation reporting and knowledge materials developed, would be maintained within IDB information systems, information systems from beneficiary clients, and further promoted through a dedicated web platform greenfinancelac.org.
The team’s mission:
To address and support member countries in inclusive and environmentally sustainable productive development. IFD/CMF assists member countries to overcome the financing barriers that limit their productive development. Areas of work include financial inclusion, financial and fiscal risk management, financial transparency, housing finance, public debt management, green finance, among others.
What you’ll do:
In keeping with the principles and the objectives set for the Program, the consultant will support the IFD/CMF in the following actions, but will not be limited to:
What you’ll need:
Core and Technical Competencies:
Opportunity Summary:
Our culture:
Our people are committed and passionate about improving lives in Latin-America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. We are the first Latin American and Caribbean development institution to be awarded the EDGE certification, recognizing our strong commitment to gender equality. As an employee you can be part of internal resource groups that connect our diverse community around common interests.
Because we are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, the LGBTQ+ community, persons with disabilities, afro-descendants, and indigenous people to apply.
This vacancy is archived.