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.

PURPOSE

• Identify carbon investment project options and opportunities across a range of sectors in Lao PDR, and explore risks, project structures, innovative financing mechanisms and/or de-risking mechanisms to overcome policy and institutional barriers for carbon projects in key sectors.
• Prepare project and investment documentation such as investment briefs, presentations, financial models, and scenario analysis for potential investors and stakeholders. Such documentation is expected to cover key elements such as project objectives, outcomes, deliverables, implementation pathway, risk mitigation measures, timeline, staffing, budget, standards of performance, and evaluation.
• Conduct pre-feasibility assessments for sustainable business models with stakeholders, including government partners, financial institutions, private sector developers etc.
• Support project implementation by delivering ongoing advisory services and developing tools to enhance better decision-making and quality delivery.

ENGAGEMENT

• Identify, engage and build relationships with relevant public and private sector stakeholders, such as private companies, private investors, private project developers, government staff, development partners, NGOs and universities.
• Engage financial institutions and commercial lenders in the development of projects to ensure the projects adequately represent their vision, interest, criteria and priorities.
• Facilitate, where necessary, interactions between public and private institutions to create investment projects and/or innovative funding mechanisms. Support further development and expansion of GGGI’s network of financial institutions, banks, funds and other relevant organizations both domestically and internationally.
• Obtain endorsement from government partners and other relevant stakeholders as required.

DELIVERY

• Identify and develop commercially bankable projects that will be attractive to government partners, financial institutions, and private sector.
• Develop high-quality investment documentation including business case, financial, and risk analysis for projects in development or under evaluation, including financial modeling.
• Undertake business development by collecting and analyzing market data to support identification of new investment projects.
• Organize the delivery of sustainable and carbon investment workstreams with tight deadlines.
• Support mobilizing climate finance and investments in green growth sectors in Lao PDR, including renewable energy, energy efficiency, electric mobility, agriculture, forestry, waste-to-energy and waste management business models among other sectors.
• Develop high-quality proposals for investment projects in the key green growth sectors.
• Develop various documents (or portions of documents) in support of project design, institutional capacity-building, and internal and external program reporting.

REQUIREMENTS

QUALIFICATIONS

The successful applicant must demonstrate outstanding professional competence and hold exemplary and relevant academic credentials. As noted, the position requires extensive experience in deal origination and financial analysis skills in green growth sectors. Knowledge of Lao policy and governance in the key green growth/sustainable development sectors, commercial risk assessment, project finance, debt instruments and multi-stakeholder collaboration is needed. Practical experience in arranging investment deals, pitching of bankable projects and/or financial deal structuring is important.

Specifically, the applicant should provide convincing evidence of the following:

• A bachelor’s degree in finance, accounting, business management or economics. An advanced degree (master’s or equivalent) will be an advantage. Relevant financial certifications like CFA, FRM etc. will be an added advantage.
• Preferred a minimum of six (6) years of relevant professional experience related to banking, investment, entrepreneurship, project development and/or financial modelling, including at least several years of experience in Lao PDR.
• A proven track record in successful financial analysis and, financial is required.
• Solid understanding of various financial products and debt/equity instruments being used in Lao finance/investment sector.
• Understanding of the structuring of carbon finance projects, including calculation of emission reductions, would be a distinct advantage.
• Excellent Lao and English writing skills is a must. Writing examples might be requested as well as a written exercise as part of the selection procedure.
• Experience working directly with one or more investment banks/ private equity/ multi laterals would be an advantage.
• An extensive network of professional contacts among financial institutions and impact investors would be an added advantage.
• A good track record of working on complex investment processes, politically sensitive issues with government, banking sector, non-banking financial products and public sector finance is desirable, specially experience with blended finance.

FUNCTIONAL

• Strategic thinker and solutions-oriented, with good ability to multitask and work in a matrix environment.
• Able to review, synthesize information and produce high quality reports.
• Able to establish priorities in a time-sensitive environment and meet deadlines with strong attention to detail.
• Able to absorb and understand technical information and relay it to others.
• Detail-oriented striving for quality and consistency in all outputs and communications.
• Output-oriented, demonstrating creativity, innovation and an entrepreneurial drive.
• Problem solver, able to find and implement solutions.
• Highly organized and able to effectively and efficiently multi-task and prioritize.
• Excellent communication (both written and oral) and facilitation skills.
• Comfortable working both in a team and independently.

CORPORATE

• Understand and actively support GGGI’s mission, vision and values.
• Promote an organizational culture of trust, transparency, respect and partnership.
• Excel at problem solving, ask questions and seek support when needed, share easily information and knowledge with others both internally as externally.
• Manage emotions and stress positively, build rapport and resolves conflict easily.
• Strong ability to work independently and/or remotely, while maintaining productivity.
• Be able to lead and manage a project independently, while knowing when to seek advice and liaise closely supervisory teams.

WORKING CONDITIONS 

The Sustainable Finance Officer is an X8 grade level in GGGI’s national 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 36 months, renewable subject to satisfactory performance and budget availability. 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, 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/.

Introduction

The GGGI Lao PDR program has been expanding rapidly in the areas of climate change, green cities and green investment mobilization. Since 2018, GGGI has been implementing a range of Readiness and Preparatory Support Program projects focused on building national capacity and policy for green finance, capacity building, climate modelling, energy efficiency, electric mobility and climate policy. GGGI has also undertaken a range of activities and projects to support Lao PDR’s Nationally Determined Contribution (NDC), including in cooperation with the NDC Partnership. In addition, GGGI Lao PDR is working with a range of other partners to engage and implement climate solutions in Lao PDR. The country office has workspaces in the Ministry of Planning and Investment, Ministry of Natural Resources and Environment and the Ministry of Public Works and Transport at central level, as well as the Vientiane Capital and Champasak Province governments.

GGGI Lao PDR’s Climate Unit leads implementation of projects and outcomes related to climate policy, green growth planning, climate action and access to international carbon markets at a national and subnational level. Responding to requests from the Government of Lao PDR, with the support of the Government of Australia, GGGI will provide technical assistance to the Government of Lao PDR for the development of the country’s access to international carbon markets. This will involve the delivery of a blend of policy, investment, project development, and capacity building activities over a three-year period (2023-2026), in close coordination with the Ministry of Natural Resources and Environment, as well as other line ministries, and other stakeholders engaged in the development of Lao PDR’s carbon markets. To support the design and execution of activities and outputs related to investment project development, project financing and investment mobilization under this project, GGGI is seeking a Sustainable Finance Officer.