EXPERTS ROSTER: SUSTAINABLE FINANCE

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. 

GGGI is dedicated to assisting emerging economies in overcoming the challenges of sustainable development financing. We focus on creating sustainable finance instruments and mechanisms, formulating bankable projects, and establishing national financing vehicles. Our aim is to mobilize both national and international climate finance effectively. 

Between 2017 and 2022 GGGI successfully mobilized USD 8.2 billion dollars in national and international climate finance towards GGGI’s member countries’ NDC and SDG goals.

CALL FOR APPLICATIONS:

GGGI's Latin America and the Caribbean region anticipate hiring for over 8 positions of varying seniority, in 2024, in the field of Sustainable Finance. This is an ongoing call for applications for everyone who has passion and expertise in this field. Successful candidates will be placed on a shortlist to be considered for the upcoming positions in 2024.

ROLE AND RESPONSIBILITIES:

As a Sustainable Finance professional, you will engage in the implementation of sustainable finance workstreams across the Latin America and Caribbean region. You will work with GGGI Country Programs to design and deliver innovative sustainable and climate finance deliverables and activities in the region. 

HOW DOES THIS WORK:

First, submit your application into this Expert Roster.

Second, you will hear from the GGGI team, that will review your applications and place it on the shortlist, if your qualifications meet the requirements (where applicable, GGGI team may reach out and conduct an interview.)

Third, when a specific vacancy in Sustainable Finance is announced, GGGI team will invite shortlisted candidates from this roster, who most closely meet the requirements, into the selection process. 

Last, when invited, you will be automatically added in the selection process, and if successful, be offered a position at the seniority (grade level) of that position.

JOB DESCRIPTION:

Duty Station: Eastern Caribbean, Colombia, Costa Rica, Dominican Republic, Ecuador, Guyana, México, Paraguay, Peru, El Salvador

Grade levels: Senior Associate (X7), Officer (X8), Senior Officer (X9)

Salary Scale: National Scale (these are not expatriate positions; expatriate benefits do not apply);  for more information on the salary scale please refer to our staff regulations

Duration of contract: 12- 36 months

Number of anticipated vacancies: 8+

ROLE AND RESPONSIBILITIES:

As a Sustainable Finance professional, you will engage in the implementation of sustainable finance workstreams across the Latin America and Caribbean region. You will work with GGGI Country Programs to design and deliver innovative sustainable and climate finance deliverables and activities in the region. Here’s how you will do it: 

• Strategic Development: Crafting national and subnational climate finance strategies and plans.
• Project Pipeline: Developing and managing a pipeline of bankable green growth projects.
• Project Arrangement: Serving as an 'arranger' to design and structure commercially viable projects that attract climate finance.
• Financial Structuring: Creating financial solutions that combine public/concessional and commercial/private finance, reducing risk and facilitating viable project structures for public and private entities.
• National Financing Vehicles: Establishing dedicated mechanisms that blend international and domestic capital for financing green growth initiatives.
• Innovative Public Finance Instruments: Designing novel financial instruments to support developing countries in securing long-term concessional finance. This includes thematic bonds and debt-for-nature/climate swaps.
• Social and Environmental Integration: Embedding social and environmental considerations into projects, including the valuation and monetization of natural assets where feasible.
• Sustainable Banking Industry: Enhancing the sustainability of national banking sectors through sustainable banking training, policy development, and disclosure mechanisms.

 REQUIREMENTS

• Minimum Bachelor’s degree in Economics, Finance, Public Administration, Social Science, Engineering, or other related fields
• An advanced degree in Finance, Public Administration, Economics, International Affairs or another relevant field is preferred, but not required
• Relevant professional experience in sustainable finance, advising public and/or private financial sector actors in the design, structuring and implementation of sustainable finance solutions, including thematic bonds, debt for nature/climate swaps, financial vehicles, sustainable and sustainability-linked instruments, climate-related financial disclosure, or other innovative mechanism; We will consider applications with 5-10 years of relevant experience,
• Verbal and written fluency in English and Spanish (Spanish not required for Georgetown or Castries duty stations)
• Entrepreneurial and innovative in spirit and approach, with a comprehensive understanding of the significance of green growth to developing and emerging countries, as well as the financial implications and deep understanding of financial instruments that can fund climate ambitions and initiatives.

 WORKING CONDITIONS

GGGI Salary scales are presented in our staff regulations, you can review the countries listed under this Expert Roster. GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance  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.