Post of duty: Washington, DC - USA
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position:
CSD/CCS is looking for a professional with experience in biodiversity or climate impact reporting and MRV, as well as development effectiveness to support the deployment of the IDB Climate Linked Incentive Mechanism for Ambition (IDB CLIMA). As a consultant, you will focus on nature positive interventions and you will support the IDB CLIMA Pilot Program team lead, the Biodiversity Cluster and the rest of the climate change division in the operationalization of the Pilot Program, including the design of the first pilot projects, research activities, collaborating with relevant areas to design and implement an enhanced monitoring and evaluation framework. You will also work with other relevant stakeholders within the IDB Group and the IDB Constituency.
In 2023, the IDB became the first multilateral development bank to offer a financing tool that rewards countries for achieving nature and climate objectives. The Biodiversity and Climate-Linked Incentive Mechanism for Ambition (IDB CLIMA) is an innovative financial approach that rewards borrowers for achieving nature and climate objectives. The reward is provided in the form of a grant, in the amount of 5% of the IDB loan principal. Disbursement of the grant will take place once the achievement of an operation’s three Key Performance Indicators (KPIs) has been independently verified. These KPIs will measure borrowers’ progress in terms of the IDB CLIMA Pilot Program’s three Specific Objectives: i) the achievement of climate and biodiversity goals through sectoral investment programs (KPI #1); ii) the improvement of the capacity to identify and design sectoral investments that mainstream climate and/or nature-positive interventions to achieve scale (KPI #2); and iii) the creation or improvement of climate and/or biodiversity monitoring, reporting and verification capabilities within the sector and/or governing bodies (KPI #3). The Green Transition Framework (GTF) – a framework for assessing the institutional capacities of borrowers with respect to climate and/or biodiversity – provides the vertical logic of the IDB CLIMA Pilot Program. Its purpose is to diagnose, guide, and offer tailored support in line with borrowers’ capacities and needs, and coupled with an Assessment Questionnaire, will be key in designing IDB CLIMA operations and identifying their respective ambitious, relevant and impactful KPIs.
In 2024, Multilateral Development Banks (MDBs) agreed to undertake a stock-take of key performance indicators on nature and biodiversity. MDBs will undertake a joint stock take of existing biodiversity KPIs to understand which are used for what purposes. There exists a multitude of indicators proposed and used by the financial, academic, non-for-profit, conservation, climate, and public sectors on biodiversity; in addition, the Convention on Biological Diversity (CBD) is identifying indicators to track the Kunming Montreal Global Biodiversity Framework. Based on this initial stock take, MDBs will continue to identify areas of commonality among frameworks to share insights at COP 30, and explore the feasibility of alignment of some indicators, which would facilitate faster and easier development and interoperability of financings and financial products. You will also support these cross-MDB efforts, ensuring that IDB-CLIMA guidelines take advantage of this line of work.
You will work for the Climate Change Division (“CSD/CCS”), which is part of the Climate Change and Sustainability Sector (“CSD”). This team is responsible for advising IDB management and developing policies, strategies, operational guidelines, and programs on issues relevant to the sector, as well as related areas. In addition, CSD carries out relevant sector research, analytical work, sector practices and case studies on climate change and sustainability. As a division of CSD, CSD/CCS provides support: (i) in the mainstreaming of climate change and biodiversity in the actions and operations of the IDB group and (ii) in the mainstreaming of climate change and biodiversity in the regional countries of the IDB group through support to the ministries of environment, planning, and economy and finance of the region. Both axes share the objective of strengthening climate policy at the subnational, national, and regional levels.
What you’ll do:
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What we offer:
The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.
About the IDB Group
The IDB Group, composed of the Inter-American Development Bank (IDB), IDB Invest, and the IDB Lab offers flexible financing solutions to its member countries to finance economic and social development through lending and grants to public and private entities in Latin America and the Caribbean.
About IDB
We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.
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