Grade: IS-2
Deadline: 13 August 2023 (11:59 PM KST)
Job Category: International
Salary: USD 91,970 net (plus attractive benefits, that include the following allowances (as applicable): Relocation, dependency, housing, education assistance and home country travel.

THE TALENT POOL IS VALID FOR TWO (2) YEARS. SOME VACANCIES ARE IMMEDIATELY AVAILABLE. BY APPLYING, YOU AGREE THAT GCF MAY KEEP YOUR PROFILE ON ITS DATABASES AND REACH OUT TO YOU AS AND WHEN A VACANCY ARISES.

Introduction
The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their people.

Established in 2010, the GCF invests in transformational climate projects in the developing world. The Fund makes an ambitious contribution to global climate action and channels significant financial resources into developing countries to help build low-emission and climate-resilient societies. It is country-driven and undertakes actions that reflect the circumstances of each country concerned and its national aspirations. The GCF is a key enabler of the 2015 Paris Agreement on Climate Change.

Since its establishment, the GCF has approved 216 projects in 129 countries and has committed USD 12.0 billion in climate finance. In addition, it has built up an extensive program to support developing countries to identify their needs, in particular, those who are most vulnerable to climate change impacts.

The GCF’s diverse workforce is advancing its mission from its headquarters in South Korea. Our talented staff makes unique contributions to the Fund, enriching the institution through their combined expertise and professional commitment.

Background

The Division of Mitigation and Adaptation (DMA) provides technical expertise across all eight mitigation and adaptation results areas for both public and private sector CNs and funding proposals. The Division also leads the preparation and review of public sector Concept Notes and Funding Proposals. It assists Nationally Designated Authorities (NDAs) and Accredited Entities (AEs) in the origination, development and structuring of projects and plays a critical role in finalizing the Funded Activity Agreements (FAAs) following project approval to enable projects to start implementation. In addition, DMA is responsible for managing the GCF REDD-plus results-based payments pilot programme and the Enhancing Direct Access (EDA) Pilot Programme. DMA provides the interdivisional management of the Simplified Approval Process (SAP) and the Project Preparation Facility (PPF), including the administration of their roster of international firms. Finally, it carries out technical reviews of draft country and entity work programmes.

Position Objective
The Project Officer in the Division of Mitigation and Adaptation will be responsible for undertaking a range of analytical and operational responsibilities necessary for: 1) project and programme review, and board approval processes, 2) project management from the Board’s approval up until the project is handover to the Division of Portfolio Management (DPM) which includes FAA negotiation and related post-approval processes; and 3) other responsibilities related with the core business of the division.

Purpose

• Provide analysis in support of pipeline development, and technical review of projects/ programmes funding proposals and concept notes.
• Apply the Fund’s investment criteria and other policies and guidance in the review of funding proposals and concept notes;
• Applies relevant operational policies to the Funded Activity Agreement (FAA) review/negotiation and post-approval process up until the project is handover to DPM, while supporting quality assurance;
• Contributes to development of efficient process/procedures and dissemination towards internal/external stakeholders.
• Supports improvement as well as integration of ICT tools related to pipeline and portfolio management.

Engagement

• Interacts with internal stakeholders (relevant divisions) and external stakeholders (Accredited Entities) to facilitate the review of proposals and post-approval process and to provide timely and effective action;
• Provide organizational support in Board meetings and other meetings and events.
• Provides inputs to FAA negotiation/post approval process/portfolio management up until the project is handover to DPM;
• Builds and capitalizes on lessons learned and good practices to optimize the pipeline review and post approval process.

Delivery

• Support the engagement across the project cycle;
• Lead on the analytical and procedural stages of processing concept notes and funding proposals, including maintenance of the project database, across relevant stages of the GCF project cycle;
• Support coordination with the relevant teams and the AEs to make legal arrangements and all necessary arrangements properly done for effective project implementation after approval and up until the project is handover to DPM; and
• Support corporate, divisional and team initiatives and activities, as assigned.

Requirements (Education, experience, technical competencies required of the job)

• Master’s degree in economics, environmental sciences, finance, sustainable development, project management or related fields or a Bachelor’s degree and 2 additional years of professional experience;
• At least five (5) years of relevant work experience;
• Experience in project management including but not limited to design, implementation, monitoring and evaluation;
• Experience in supporting legal arrangement and coordination role in post-approval arrangements is required;
• Experience in a relevant sector and/or experience in climate finance or developing climate finance projects in international / developing countries settings is highly desirable;
• Relevant experience in international setting;
• Unquestionable integrity and adherence to the highest ethical standards.
• Excellent business writing and presentation skills; and
• Fluency in English is essential; knowledge of another United Nations language is an advantage.

The closing date for application is 13 August 2023. Applications submitted after the deadline may not be considered.

*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.

Applications from women and nationals of developing countries are strongly encouraged.