In October 2024, GGGI launched the Carbon Transaction Facility, 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.
As part of this groundbreaking initiative, the Article 6 Readiness Facility Committee has already approved two readiness projects at its first Annual Meeting, covering activities in Rwanda and Sri Lanka that will start in 2024. As part of the Rwanda readiness project, GGGI will work closely with the Government of Rwanda to accelerate the operationalization of the country’s Carbon Market Framework.
The Carbon Pricing Senior Officer will be based in Kigali, Rwanda and will lead the implementation of the Rwanda Readiness project activities. The successful candidate will report to the GGGI Rwanda Country Representative.
The Carbon Pricing Senior Officer will be the recognized focal point for the project in Rwanda 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 Rwanda.
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.
WORKING CONDITIONS
The Senior Officer is an X9 grade level in GGGI’s international salary scale, 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 24 months, renewable subject to satisfactory performance and budget availability. GGGI Rwanda has a Host Country Agreement (HCA) in place with the Government of Rwanda and therefore international candidates will be covered by the Privileges and Immunities under the HCA. 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.