INVESTMENT OFFICER,CLIMATE FINANCE ACCESS NETWORK,Solomon Islands (readvertised)

Location
Solomon Islands
City
Honiara
Contract Type
Staff
Grade
X8
Salary scale
International Scale
Contract Duration
33 months
Deadline (23:59 KST)
14/12/2023
Job Reference
STA2378

PURPOSE 

The CFAN advisor will be deployed in the relevant focal government ministry in country for the duration of the contract with a targeted mandate to access international and domestic sources of public and private climate finance, and to support stakeholders in structuring finance for investment in their host country’s priority mitigation and adaptation projects.  

ENGAGEMENT 

The Climate Finance Advisor plays a critical role in support of building, maintaining, and strengthening partnerships with government counterparts and international/local stakeholders in the public and private sectors. Finally, the Climate Finance Advisor works will also conduct climate finance workshops for civil servants, ensuring lasting capacity in-country through knowledge transfer to government officials.  

The Climate Finance Advisor will report to the Green Investment Service Lead for the Pacific Region and GGGI Country Representative, working closely with other teams in Pacific Region, and GGGI Headquarters to develop the business case, investment documentation, identify and analyze project opportunities, competitive strengths and weaknesses of projects and their sponsors. As part of Climate Finance Advisor, the advisor is expected to: 

  • Support CFAN in designing and facilitating in-country capacity building efforts to support transfer of skills and knowledge to local staff in relevant ministries and government offices.  

  • Serve as an active member of the CFAN community, including by representing CFAN at events and external meetings, as well as by advancing CFAN’s value-add through peer-to-peer learning, knowledge exchange, and cohort activities. 

DELIVERY 

  • Participate and successfully complete CFAN’s Advisor Training Program  

  • Advise and provide assistance to relevant ministry focal point and other government line ministries, NGOs and private sector stakeholders in developing project proposals to submit to Green Climate Fund (GCF), Adaptation Fund and other relevant donors and partners.  

  • Provide assistance to the Government on relevant needs. 

  • Support development and submission of climate finance funding proposals, including by navigating the range of financing sources, engaging stakeholders to fulfil funding proposal requirements, and assessing financial instruments to structure investments. 

  • Analyze financial data and use financial projections to design and recommend suitable financial structures.  

  • Coordinate between national ministries to accelerate projects through the investment pipeline.  

  • Where possible, pursue opportunities to finance projects through domestic resources as a means of enhancing country ownership. 

  • Support or lead project origination activities and actively contribute to adding to the green investment project pipeline. 

  • Conduct gap analysis of green investment/infrastructure projects and programs engaging all relevant stakeholders. 

  • Perform financial, economic, and regulatory analysis throughout project concept and design stages in collaboration with the country teams and government counterparts.  

  • Any other analytical work to ensure that deliverables are provided in a timely manner to support subsequent work and consistent with work plan.  

 

REQUIREMENTS

QUALIFICATION  

  • Advanced university degree in economics, finance, business administration or another related field.  

  • 3-5 years of experience working in climate finance, preferably for financial institution or development agency  

  • Minimum of two years of international experience, involving both work and residence outside of home country. Individuals who do not currently possess international experience but are still interested in applying may be considered for positions at national level
  • Sectoral expertise in coastal resilience and infrastructure, agriculture, adaptation or water security, is a plus 

  • Experience accessing and structuring finance for climate investments  

  • Experience with international climate finance institutions, particularly technical aspects of mitigation and adaptation activities  

  • Experience working in developing countries on climate and development issues 

  • Experience in Pacific is an advantage 

  • Fluency in written and spoken English 

 

FUNCTIONAL 

  • Demonstrated ability to formulate concept notes and project proposals in compliance with requirements of various climate finance funds.  

  • Demonstrated relationship-building and facilitation skills.  

  • Resourceful and able to develop and operationalize strategies to achieve outputs and outcomes 

  • Knowledge of and experience in adhering to internationally agreed environmental and social safeguards (ESS) and gender-sensitive design requirements. 

  • Willingness and ability to commit to in-country work for and travel as required and where possible. 

 

CORPORATE

  • Project management: Proven ability to independently plan, manage and complete projects that deliver quality outcomes in a timely and inclusive manner. 

  • Communication: Strong written and verbal communication skills, with the ability to deliver products or presentations that are concise, easy to understand and influential. 

  • Influencing change: Track record of engaging effectively to secure buy in, underpinned by strong listening, trust building, influencing, facilitation and negotiation skills. 

  • Team player: Capacity to be selfless team member, to operate across organizational boundaries, and maintain a resilient, positive and results-focused mindset in a dynamic environment. 

  • Promotes an organizational culture of trust, transparency, respect and partnership 

 

APPLICATION DETAILS 

We will review and conduct selection on an ongoing basis and place successful will be evaluated for final approval by the CFAN Steering Committee. Candidates should be available for immediate hire once duty station and scope of activities are confirmed by the recipient country.  

 

WORKING CONDITIONS

The Investment Officer is an X8, international grade level in GGGI's salary scale. For X8 International grade, the base salary starts from USD64,920. Determination of base salary is subject to candidate's experience, academic background and internal equity. GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance that covers dental and vision. In addition, GGGI provides ex-pat benefits such as ex-pat allowance - equivalent to 20% of the base salary, educational allowance, and other benefits (terms and conditions are to be reviewed in a case-by-case situation). 

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 and personal/family commitments, thus ensuring high performance, long-term productivity, and well-being of Staff members.

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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.