E T Consultant - Transition Finance Program Officer

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Company: The World Bank Group

Location: Washington, DC 20011

Description:

E T Consultant - Transition Finance Program Officer

Job #:
req30785

Organization:
IFC

Sector:
Climate Change

Grade:
EC2

Term Duration:
1 year 0 months

Recruitment Type:
Local Recruitment

Location:
Washington, DC,United States

Required Language(s):
English

Preferred Language(s):
Spanish, French

Closing Date:
12/27/2024 (MM/DD/YYYY) at 11:59pm UTC

Description

IFC - a member of the World Bank Group - is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.

Climate action is at the core of IFC'sbusiness. In financial year 2023, IFC delivered 46% in own-account climatefinance and mobilized an additional $6.8 billion. The World Bank Group'sClimate Change Action Plan (2021 - 2025) outlines our collective response toalign financial flows with the goals of the Paris Agreement (referred to as"Paris Alignment"). IFC has committed to align 85% of new operations with thesegoals starting July 1, 2023, and to align 100% of new operations starting July1, 2025.

The Transition Finance Team, part of the IFC'sClimate Business Department, is seekingto hire a highly motivated Extended Term (ET) Consultant - TransitionFinance Program Officer, based in Washington, D.C., to support the GlobalLead for Transition Finance in the development and implementation of the IFC'sTransition Finance Framework. This pivotal role focuses on advancing IFC'sapproach to Transition Finance within the real sector industries, playing acritical part in developing and refining the Transition Finance Framework,building capacity, engaging stakeholders, and piloting transition financeassessments to expand transactions.

This highly visible position offers theopportunity to lead significant initiatives that address the unique challengesof high-emission sectors in emerging markets. The ET Consultant will provideexpert knowledge and guidance internally and externally on Transition Finance,decarbonization pathways, sustainable finance products, and net-zero pathwaysand corporate transition plans. The role involves close collaboration with awide range of IFC staff-in particular strongly with industry counterparts, regional,and corporate departments-and active support on engagement with externalstakeholders such as standard-setting organizations (e.g., InternationalCapital Markets Association (ICMA), Climate Bonds Initiative (CBI),Science-Based Targets initiative (SBTi)), regulators, industry associations,and clients.

By driving the development of practicalguidelines, delivering targeted training, and influencing global standards toreflect emerging market perspectives, the specialist will contribute to IFC'sstrategic climate-related priorities and initiatives. This role not onlysupports the expansion of transition finance in key sectors but also positionsIFC as a leader in facilitating corporate transitions towards net-zeroemissions in the real sector and financial institutions.

Duties and Accountabilities:

The Transition Finance Program Officer will support the Global Lead for Transition Finance in advancing IFC's Transition Finance work program across real sectors and financial institutions. This role is critical in operationalizing IFC's Transition Finance Framework, delivering capacity-building initiatives, providing expertise on alignment and assessment topics, and developing tools, methodologies, and products to drive transition finance in emerging markets. Given the role's focus, there is a strong preference for candidates with a robust track record in the private sector, industry, and/or management consulting, and concrete hands-on experience in net-zero target-setting, transition finance, and transition planning.

Key responsibilities include:

1. Transition Finance Alignment Expertise
Serve as a subject matter expert on decarbonization pathways, corporate transition plans, net-zero planning, and Scope 1-3 emissions assessments.
Assess robustness and alignment of corporate transition plans for real sector clients across hard-to-abate and infrastructure sector with global transition finance guidelines and disclosure requirements (i.e. CBI, ICMA, SBTI, TPT, etc)
Evaluate and verify corporate net-zero targets and transition plans, ensuring consistency with emerging standards such as SBTi, ICMA Climate Transition Finance Handbook, and CBI guidelines.
Analyze the technical feasibility and economic viability of client transition plans, offering recommendations for strengthening their robustness.
Provide expert advice on integrating transition finance principles and requirements into pilot transactions and client net-zero transition plans, with a focus on achieving measurable results and disclosure reporting.
Assist teams in navigating global net-zero disclosure requirements, taxonomy development and aligning with international frameworks to improve transparency and accountability.

2. Delivery and Implementation Support
Facilitate the application of IFC's Transition Finance Framework across real sector clients and financial institutions, ensuring alignment with emerging market challenges and opportunities.
Oversee the rollout and operationalization of the IFC Transition Finance Framework across multiple sectors and regions, ensuring consistency and adaptability to local contexts.
Coordinate with regional and sectoral teams to align implementation efforts with IFC's strategic priorities and ensure seamless integration and consideration of transition finance principles into investment operations and policies.
Monitor and report on the progress of transition initiatives, ensuring alignment with agreed objectives and outcomes.

3. Capacity Building and Training
Design and deliver targeted training modules for IFC staff and external stakeholders on key topics, including transition finance, transition plans, net-zero strategies, and sustainable finance instruments.
Build internal capacity to design, evaluate, and implement net-zero pathways and transition plans, tailored to the unique needs of emerging markets.
Develop practical guides, toolkits, and case studies to facilitate the understanding and application of transition finance concepts across industries and geographies.
Work closely with IFC regional and sectoral teams to identify training needs and customize learning materials for maximum impact.
Drive internal thought-leadership through creation of sector and region specific knowledge products and reports that advance net-zero target setting and transition agenda, incl. senior management briefing notes, presentations and other documents.
Establish an IFC-wide knowledge-sharing platform to document lessons learned and encourage continuous learning among teams and stakeholders.

Selection Criteria

Given the role's focus, it is essential that candidates demonstrate a robust track record in the private sector, industry, and/or management consulting, with hands-on experience in net-zero target-setting, transition finance, and transition planning.
Applicants must have a proven track record in developing and implementing corporate net-zero strategies, assessing and verifying transition plans, and driving finance solutions aligned with decarbonization pathways. Practical expertise in working with emerging market contexts, coupled with familiarity with global standards such as SBTi, ICMA, and CBI guidelines, is essential. This role requires a deep understanding of transition finance frameworks and the ability to translate strategic goals into actionable solutions across sectors and regions.

Educational Background
MBA or Master's degree (or equivalent) in Climate Policy, Engineering, Environmental Science, Economics, Finance, or related fields.

Professional Experience
Minimum 7 years of experience in the private sector, industry, or management consulting, with a strong focus on transition finance, net-zero target-setting, and sustainability strategies.
Proven experience in developing and implementing corporate transition plans, including decarbonization pathways, Scope 1-3 emissions reduction strategies, and net-zero commitments.
Familiarity with working in high-emitting sectors (e.g., energy, manufacturing, cement, steel) and/or financial institutions.
Experience in structuring and supporting transition finance initiatives, including pilot transactions, due diligence, and alignment with international frameworks.
Familiarity with International Finance Institutions (IFIs) and their financing operations; prior experience with IFC investment cycles is an advantage.

Technical Expertise
In-depth knowledge of net-zero strategies, transition finance frameworks, and corporate climate target-setting.
Expertise in Scope 1, 2, and 3 emissions assessments, with a particular focus on supply chain decarbonization and emerging market contexts.
Comprehensive understanding of international standards such as the ICMA Climate Transition Finance Handbook, SBTi, TPT disclosures, and CBI guidelines.
Ability to operationalize transition finance tools, methodologies, and performance metrics for real sector and financial institution clients.

Skills and Competencies
Strategic Thinker: Ability to develop and implement innovative solutions to drive transition finance adoption in emerging markets.
Program Delivery Expertise: Proven ability to manage complex multi-stakeholder programs and deliver results across sectors and regions.
Analytical and Problem-Solving Skills: Strong ability to assess client needs, diagnose gaps, and design actionable transition strategies.
Communication and Training Skills: Exceptional written and verbal communication skills, with experience developing and delivering training materials, reports, and presentations to diverse audiences.
Interpersonal and Collaboration Skills: Demonstrated ability to build strong relationships across teams and with external stakeholders in multicultural environments.
Language Proficiency: Fluency in English is required; fluency in Spanish or French is desirable.

World Bank Group Core Competencies

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.

Note: The selected candidate will be offered a one-year appointment, renewable at the discretion of the World Bank Group, and subject to a lifetime maximum ET appointment of three years. If an ET appointment ends before a full year, it is considered as a full year toward the lifetime maximum. Former and current ET staff who have completed all or any portion of their third-year ET appointment are not eligible for future ET appointments.

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