Senior Sustainable Finance Consultant
JOB DETAIL
Senior Sustainable Finance Consultant?
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.
PROJECT BACKGROUND
GGGI has a diverse portfolio of programs in developing countries around the world. These in-country programs, together with global products and services, focus on delivering results through an integrated approach of evidence-based green growth planning and implementation aligned to countries’ development priorities.
The achievement of Ecuador’s NDC targets requires a substantial increase in the volume of public and private, national and international climate finance invested in the country.
As a result, the Government of Ecuador, under the leadership of National Popular Finance Corporation (CONAFIPS), has embarked on an ambitious effort to design nature-related financial instruments.
This includes developing a taxonomy for the bioeconomy and biodiversity sectors, frameworks to mitigate financial risks related to nature, methodologies for collecting and disclosing nature-related data, as well as financial instruments for these sectors. The project also aims to establish a pipeline of biodiversity and bioeconomy projects and enterprises.
POSITION SUMMARY
GGGI seeks a Senior Sustainable Finance Consultant based in Quito, Ecuador, to assist in structuring biodiversity/bioeconomy finance instruments for the government. The consultant will coordinate stakeholder engagement, develop sustainable policies, and design credit instruments, with technical guidance from GGGI staff.
OBJECTIVES OF THE ASSIGNMENT
The Consultant will be responsible for assisting in the analysis, documentation, design, construction, and implementation of a variety of bioeconomy and biodiversity credit instruments. Additionally, they will play a key role in establishing a taxonomy for these sectors and developing sustainable policies in Ecuador. This intervention offers specific support to CONAFIPS’ Environmental team to enhance the flow of finance to bioeconomy and biodiversity projects.
SCOPE OF WORK
- Conduct a comprehensive assessment of CONAFIPS’ sustainable finance practices, including environmental and social standards, policies, and regulations.
- Implement the Taskforce on Nature-related Financial Disclosures (TNFD) LEAD framework within CONAFIPS to enhance its sustainability practices.
- Preparation of the CONAFIPS Sustainability Report.
- Develop sustainable policies, regulations, and guidelines to strengthen CONAFIPS’ commitment to sustainability and align with international standards.
- Facilitate knowledge sharing and exchange of best practices on sustainable finance for bioeconomy and biodiversity conservation.
- Establish a bioeconomy and biodiversity taxonomy for CONAFIPS to categorize projects and enterprises, enabling targeted financing.
- Engage with key stakeholders to promote sustainable finance practices and mobilize resources for bioeconomy and biodiversity conservation initiatives.
Considerations:
- All relevant technical papers, reports, and other documents prepared from the start to the end of the assignment shall be attached to the final Report.
- The consultant will make the best use of both primary and secondary sources of information to develop activities defined under the contract objective.
- The consultant selected must dedicate 100% of his/her time to this process. Therefore, it is forbidden to consider other consultancies during the contract period.
- This position will require a near full-time on-site presence at CONAFIPS at least 4 out of 5 (80%) days of the working week.
- The consultancy budget includes the costs of transportation and accommodation, and necessary resources for field studies in the selected places. This is a lump sum contract.
EXPERTISE REQUIRED
- Bachelor’s degree in economics, finance, environmental science, sustainable development, or a related field.
- Postgraduate degree or specialization in areas related to sustainable finance, environmental economics or a related field.
- A minimum of 5-8 years of relevant work experience in sustainable finance, environmental management, or related fields.
- Experience in developing sustainable policies, implementing environmental standards, and designing financial instruments is highly desirable.
- Excellent communication skills to engage with stakeholders and promote sustainable finance practices.
- Knowledge of biodiversity and bioeconomy concepts and their financial implications is a plus.
- Prior experience in the preparation of sustainability reports.
- Prior experience in the supportive financial sector is a plus but not required.
- Knowledge of the popular and solidarity financial sector will be highly valued.
- Excellent written and oral communication skills in English.
KNOWLEDGE AND SKILLS
- Strong understanding of sustainable finance principles and practices.
- Familiarity with environmental and social standards, policies, and regulations.
- Experience in developing sustainable policies and guidelines.
- Excellent analytical and problem-solving skills.
- Skills in working with multidisciplinary groups.
- Syntaxy and redaction proficiency.
- Expertise in developing training processes.
ADMINISTRATIVE INFORMATION
- Selection method / process: Competitive Selection
- Documentation: Application form, cover letter and CV in English
- Timeline of the selection: 14 days
Date to close is Korean Standard Time (KST). Applications submitted after the deadline will not be considered.
