Carbon Pricing Senior Officer
The organization partners with countries, multilateral institutions, government bodies, and the private sector to help build economies that achieve strong growth and are less carbon intensive, more resilient to climate change, and more efficient and sustainable in the use of natural resources.
In October 2024, GGGI launched the Carbon Transaction Facility (CTF), a first-of-its-kind facility which offers a comprehensive solution to scaling up international carbon trading under Article 6 of the Paris Agreement. Through the CTF, GGGI will extend its Article 6 activities through a collection of single and multi-donor funds aimed at increasing host country readiness and facilitating transactions of Internationally Transferred Mitigation Outcomes (ITMOs). The CTF aims to catalyze up to USD 500 million solely for ITMOs purchasing by 2030. The multi-donor fund, named the Article 6 Readiness Facility, will mobilize up to USD 50 million for readiness support activities to GGGI Member States and Partner Countries.
The multi-donor fund, named the Article 6 Readiness Facility, will mobilize up to USD 50 million for readiness support activities to GGGI Member States and Partner Countries. The readiness component will allow GGGI to more than double the scale of its support for capacity building, technical assistance, institutional strengthening and international knowledge exchange activities in its Member States and partner counties. At the same time a pipeline of potential mitigation activities for trading will also be developed.
PROJECT SUMMARY
In 2023, the new Paraguayan government passed Law 7190, creating a framework for carbon markets. While the law establishes the opportunity to trade carbon credits, it was designed principally for the Voluntary Carbon Market. This year, the project Paraguay +Verde, financed by the Green Climate Fund and implemented by a UN consortium, UNEP, UNDP, and FAO, is supporting a secondary regulation of the Carbon Law related to REDD+. The final draft of the regulation will be available for public consultation shortly.
GGGI will build upon Law 7190 to develop a Carbon Market Strategy for the Ministry of Environment and Sustainable Development (MADES), which will help it best determine how to engage in Article 6 regulated markets and Voluntary Carbon Markets.
As the Paraguayan government requires substantial awareness raising and capacity building about Article 6 carbon markets, the project proposes to undertake a comprehensive training program working closely with decision makers and technical staff in an interministerial committee with the participation of MADES, the Ministry of Economy and Finance (MEF), the Ministry of Foreign Affairs and the Ministry of Industry and Commerce (MIC) to determine the most effective way to operationalize Law 7190 to allow Paraguay to take advantage of both Article 6 regulated markets and voluntary markets. The project will also raise the awareness of project developers about the opportunities and requirements for developing mitigation activities for Article 6, identifying and developing project opportunities to generate and sell carbon credits.
The project will support the operationalization of Paraguay’s National Carbon Market Framework through a combination of awareness raising, knowledge sharing, capacity building, and mitigation activity pipeline development interventions, ultimately enabling Paraguay to generate and sell carbon credits to other countries, including GGGI’s carbon trust fund members, and catalyzing meaningful participation in Article 6 markets as a way to finance Paraguay’s ambitious NDC targets.
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.
POSITION SUMMARY
The Carbon Pricing Senior Officer will be based in Asunción, Paraguay and will lead the implementation of the Paraguay Art 6 Readiness project activities. The successful candidate will have a dual reporting line, to GGGI Paraguay Program Lead, and the CTF Program Manager.
The Carbon Pricing Senior Officer will be the recognized focal point and principal expert for the project in Paraguay and will have overall responsibility for timely and high-quality project delivery. The position-holder will provide day-to-day technical and strategic guidance and management, as well as liaise externally to ensure impactful delivery of the project and its outputs.
Experience in international carbon markets is strongly preferable, as the position-holder will be required to quickly absorb and apply sufficient technical knowledge on Article 6 concepts, requirements, frameworks and approaches to the local context in Paraguay.
PURPOSE
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Lead the the implementation of the Paraguay Article 6 Readiness Project in close coordination with the GGGI Paraguay Country Team, the Carbon Pricing Unit (based in Seoul) and relevant government and private sector project stakeholders.
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Provide high-quality project management to the project, and ensure effective, timely and efficient delivery of project results and activities in the field.
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Provide high-quality technical inputs and advisory on issues related to Article 6, carbon markets, and emissions reduction trading in support of Article 6 Readiness delivery in Paraguay and GGGI Paraguay’s portfolio and strategic priorities more generally.
ENGAGEMENT
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Work closely with GGGI Carbon Pricing Unit and GGGI Paraguay to understand the local context, including GGGI's role in Paraguay; to ensure timely and high-quality delivery of the project; and to develop technical knowledge of Article 6 requirements, frameworks and approaches.
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Develop and foster strong relationships with key government stakeholders, leading the day-to-day communication (supported by GGGI Paraguay).
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Work closely with government partners and private sector in implementing the project, recognizing the importance of government buy-in and ownership.
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Coordinate with other organizations supporting engagement with international carbon markets in Paraguay, and ensure visibility of the Paraguay Article 6 Readiness Project and associated carbon engagements.
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Maintain active flexibility through professional relations with key stakeholders to capture and integrate their changing needs and manage expectations.
DELIVERY
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Deliver high quality project outputs on time and within budget that meet program objectives, donor requirements and government requirements.
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Plan and co-deliver capacity building events that introduce key Article 6 concepts and options to key government and other stakeholders.
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Design and deliver technical advisory workplan targeting MADES capacity, policy and governance needs and gaps
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Oversee the development of tools and guidance for MADES to support performance of Article 6 governance functions.
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Lead the development of regulations and guidelines to implement Law 7190.
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Lead the development of Paraguay Carbon Market Strategy.
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Lead the design of governance frameworks in Paraguay that meet Article 6 requirements and are relevant to the Paraguay institutional context.
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Lead the identification of priority sectors and mitigation activities for Article 6, in collaboration with the Government of Paraguay and private sector.
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Develop Mitigation Activity Idea Notes (MAINs) for 2 mitigation activities.
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Support bilateral engagement between Government of Paraguay and potential cooperation partners.
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Support the process of facilitating key agreements between government, private sector and other international partners.
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Lead the planning and facilitation of key project workshops and meetings with key stakeholders in Paraguay.
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Plan and organize the work of consultants under the project to ensure high quality and timely
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delivery of the outputs.
REQUIREMENTS
QUALIFICATIONS
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A Master's degree in a relevant area, such as Economics, Finance, Law, Business Administration, Environmental Engineering, Climate Change, or other related disciplines.
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At least 8 years of experience in climate change, carbon markets, climate finance, green investment, or other relevant fields.
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At least two (2) years of professional working experience, outside of home country*.
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A proven track in successfully managing projects linked to climate action and finance.
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Understanding of and experience in international carbon markets, the Clean Development Mechanism, and/or Article 6 is a strong advantage.
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Experience in day-to-day engagement with government ministries and agencies, ideally in developing countries.
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Experience in close engagement with the private sector is a strong advantage.
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Experience in organizing consultations, validation meetings, workshops and capacity building events.
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Experience working in developing countries, with experience Paraguay or South American countries is an advantage.
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An excellent command of spoken and written English and Spanish.
* For international positions, meeting this requirement is mandatory for candidates.
Candidates who do not fulfill this requirement but meet other qualifications and proceed to the next stage will be considered as national candidates for a national-scale position. Consequently, the position scale will be adjusted, and the salary scale will be aligned with X9 Paraguay (National Scale) WITHOUT expatriate benefits.
FUNCTIONAL
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Strategic thinker and solutions-oriented, with good ability to multitask and work in a matrix environment.
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Able to review, synthesize information and produce high quality reports.
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Able to establish priorities in a time-sensitive environment and meet deadlines with strong attention to detail.
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Able to absorb and understand technical information and relay it to others.
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Detail-oriented striving for quality and consistency in all outputs and communications.
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Output-oriented, demonstrating creativity, innovation and an entrepreneurial drive.
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Problem solver, able to find and implement solutions
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Highly organized and able to effectively and efficiently multi-task and prioritize.
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Excellent communication (both written and oral) and facilitation skills.
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Comfortable working both in a team and independently.
CORPORATE
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Understand and actively support GGGI's mission, vision and values.
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Promote an organizational culture of trust, transparency, respect and partnership.
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Excel at problem solving, ask questions and seek support when needed, share easily information and knowledge with others both internally as externally.
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Manage emotions and stress positively, build rapport and resolves conflict easily.
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Strong ability to work independently and/or remotely, while maintaining productivity.
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Be able to lead and manage a project independently, while knowing when to seek advice and liaise closely with the Carbon Pricing Unit.
WORKING CONDITIONS
The Senior Officer is an X9 grade level in GGGI, details of which can be found in the GGGI Staff Rules on GGGI’s website. In addition, GGGI provides 27 days of annual leave, flexible work arrangements and contribution towards private health insurance that covers dental and vision. The initial appointment is for 20 months, renewable subject to satisfactory performance and budget availability.
GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members to achieve a better balance between work commitments and personal and family commitments, including repercussions of post-COVID conditions, thus ensuring high performance, long-term productivity and well-being of Staff members.
For more information on GGGI's terms and conditions (allowances, health care, education etc) please familiarize yourself with GGGI's Rules and Regulations that can be found here: https://gggi.org/policy-documents/.
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.