Climate Finance Specialist
Apply NowCompany: The World Bank Group
Location: Washington, DC 20011
Description:
Climate Finance Specialist
Job #:
req32771
Organization:
World Bank
Sector:
Climate Change
Grade:
GF
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
5/2/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries, a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.
The Planet Vice Presidency
The Planet Vice Presidency helps countries address their most complex challenges in the areas of Agriculture and Food, Climate Change, Environment, Social Development, and Water.
The Global Department for Climate Change
The Global Department for Climate Change (GDCC) is part of the Planet Vice Presidency of the World Bank and helps client countries recognize, prepare for, and respond to the risks that climate change poses. With GDCC support, the World Bank can mobilize the necessary public and private finance, provide technical assistance, and utilize its convening power to support countries in their transition to low-carbon, climate-resilient development pathways. The GDCC also works across the World Bank with Global Practices and Regional Operations to ensure climate considerations are integrated in development planning and operational activities, enabling the institution to meet the targets outlined in its Climate Change Action Plan (CCAP) 2021-25, the 2025 Targets to Step Up Climate Action, and the World Bank Engagement Roadmap for Carbon Markets.
The Climate Finance Mobilization Unit:
Within the Global Department for Climate Change, the Climate Finance Mobilization Unit (SCCFM) helps countries access and leverage effective, inclusive and innovative climate finance solutions integrated within World Bank operations. SCCFM contributes to the priorities of the World Bank Group to mainstream climate action and scale up development finance with climate benefits. SCCFM creates strategic partnerships, mobilizes capital for ambitious climate action, and provides technical support to help countries achieve low carbon and resilient development.
SCCFM helps developing countries (i) generate high-impact emissions reductions generated from their country programs by leveraging World Bank's lending operations; (ii) monetize high integrity emissions reductions through result-based climate finance and carbon markets; and (iii) access additional climate finance, including through global climate funds.
SCCFM is also responsible for financial and institutional reporting for the large climate initiatives (financed through trust funds) managed by the Global Department for Climate Change. These include: Forest Carbon Partnership Facility (FCPF), Bio Carbon Fund Initiative for Sustainable Forest Landscapes (BioCF ISFL), Transformative Carbon Asset Facility (TCAF), Carbon Initiative for Development (Ci-Dev), and Canada World Bank Clean Energy and Forests Climate Facility. SCCFM also has the World Bank's implementing agency function for the Green Climate Fund (GCF) and the Climate Investment Fund (CIF). In addition, a new generation of carbon funds has been established to cover result-based carbon and climate finance: Scaling Climate Action by Lowering Emissions (SCALE) partnership and its associated trust fund EnABLE (Enhancing Access to Benefits while Lowering Emissions).
SCCFM works closely with the Climate Change Leadership team and the World Bank's Senior Management team and supports: (i) the development of policies and instruments for mainstreaming results-based climate finance in World Bank's investment operations; (ii) access of client countries to carbon markets, (iii) scale-up of results-based climate and carbon finance by providing the World Bank's Global Practices and Regional Operations with expertise in the design and implementation of climate-related operations.
About the Position:
SCCFM is seeking to recruit a highly motivated Climate Finance Specialist to contribute to the scale-up of climate and carbon finance within World Bank's investment operations, to deliver commitments across the carbon funds, to engage with donor partners, and to contribute to the World Bank's corporate climate change agenda. The Climate Finance Specialist will support SCCFM's engagement with Global Departments and Regional Operations on the development and implementation of climate and carbon finance.
The successful candidate will have experience of World Bank's lending operations; technical expertise in climate finance and carbon markets; expertise in private sector and/or financial sector development; and track record of fundraising with development partners. She/he is also expected to have excellent project management, communication, and interpersonal skills. The Climate Finance Specialist will be based in Washington, DC and will report directly to the SCCFM Global Manager.
Duties & Accountabilities
Provide technical support to regional teams for the origination, generation and monetization of emissions reduction programs within World Bank's operations, including in the development of carbon crediting methodologies and MRV processes.
Support the delivery of emissions reductions programs under SCCFM carbon funds, with a focus on green carbon funds like FPCF and ISFL.
Support the operationalization of SCALE-funded carbon finance components into WB's lending operations, with a focus on natural climate solutions.
Contribute to analytical and advisory services on policies and mechanisms to mobilize private climate finance and develop carbon markets.
Contribute to dialogue, coordination and fundraising with donor partners for the funds managed by SCCFM.
Selection Criteria
In addition to meeting all Bank-wide Grade GF level position criteria, the candidate should fulfill the following additional criteria:
Master's or Ph.D. degree in a technical field such as economics, environment or another field relevant to climate finance. The minimum requirement to apply is a Master's degree with 5 years of experience or an equivalent combination of education and experience.
Experience in the design and development of emissions reduction programs (including crediting methodologies, MRV systems), especially related to agriculture, forest, and land use.
Experience in structuring and implementing innovative investment projects related to climate finance, result-based climate finance, and carbon markets.
Strong client orientation and operational skills developed through work across regions.
Experience in World Bank's lending operations (including concept, preparation and implementation). IPF accreditation is a plus.
Experience in providing advisory services to governments on policy and regulatory issues related to climate finance and carbon markets.
Experience in working with climate funds with proven results in terms of mobilization and management of donor funding.
Strong communication, inter-personal, diplomatic, and partnership skills, including ability to write quickly and concisely to synthesize complex documentation and ideas for a range of audiences.
Demonstrated skills and experience in speaking and writing to senior management, government officials, and donor partners.
Excellent command of the English language, both written and spoken. Fluency in an additional language common to the World Bank would be an asset.
This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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.
Job #:
req32771
Organization:
World Bank
Sector:
Climate Change
Grade:
GF
Term Duration:
3 years 0 months
Recruitment Type:
International Recruitment
Location:
Washington, DC,United States
Required Language(s):
English
Preferred Language(s):
Closing Date:
5/2/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
Do you want to build a career that is truly worthwhile? The World Bank Group is one of the largest sources of funding and knowledge for developing countries, a unique global partnership of five institutions dedicated to ending extreme poverty and promoting shared prosperity. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.
The Planet Vice Presidency
The Planet Vice Presidency helps countries address their most complex challenges in the areas of Agriculture and Food, Climate Change, Environment, Social Development, and Water.
The Global Department for Climate Change
The Global Department for Climate Change (GDCC) is part of the Planet Vice Presidency of the World Bank and helps client countries recognize, prepare for, and respond to the risks that climate change poses. With GDCC support, the World Bank can mobilize the necessary public and private finance, provide technical assistance, and utilize its convening power to support countries in their transition to low-carbon, climate-resilient development pathways. The GDCC also works across the World Bank with Global Practices and Regional Operations to ensure climate considerations are integrated in development planning and operational activities, enabling the institution to meet the targets outlined in its Climate Change Action Plan (CCAP) 2021-25, the 2025 Targets to Step Up Climate Action, and the World Bank Engagement Roadmap for Carbon Markets.
The Climate Finance Mobilization Unit:
Within the Global Department for Climate Change, the Climate Finance Mobilization Unit (SCCFM) helps countries access and leverage effective, inclusive and innovative climate finance solutions integrated within World Bank operations. SCCFM contributes to the priorities of the World Bank Group to mainstream climate action and scale up development finance with climate benefits. SCCFM creates strategic partnerships, mobilizes capital for ambitious climate action, and provides technical support to help countries achieve low carbon and resilient development.
SCCFM helps developing countries (i) generate high-impact emissions reductions generated from their country programs by leveraging World Bank's lending operations; (ii) monetize high integrity emissions reductions through result-based climate finance and carbon markets; and (iii) access additional climate finance, including through global climate funds.
SCCFM is also responsible for financial and institutional reporting for the large climate initiatives (financed through trust funds) managed by the Global Department for Climate Change. These include: Forest Carbon Partnership Facility (FCPF), Bio Carbon Fund Initiative for Sustainable Forest Landscapes (BioCF ISFL), Transformative Carbon Asset Facility (TCAF), Carbon Initiative for Development (Ci-Dev), and Canada World Bank Clean Energy and Forests Climate Facility. SCCFM also has the World Bank's implementing agency function for the Green Climate Fund (GCF) and the Climate Investment Fund (CIF). In addition, a new generation of carbon funds has been established to cover result-based carbon and climate finance: Scaling Climate Action by Lowering Emissions (SCALE) partnership and its associated trust fund EnABLE (Enhancing Access to Benefits while Lowering Emissions).
SCCFM works closely with the Climate Change Leadership team and the World Bank's Senior Management team and supports: (i) the development of policies and instruments for mainstreaming results-based climate finance in World Bank's investment operations; (ii) access of client countries to carbon markets, (iii) scale-up of results-based climate and carbon finance by providing the World Bank's Global Practices and Regional Operations with expertise in the design and implementation of climate-related operations.
About the Position:
SCCFM is seeking to recruit a highly motivated Climate Finance Specialist to contribute to the scale-up of climate and carbon finance within World Bank's investment operations, to deliver commitments across the carbon funds, to engage with donor partners, and to contribute to the World Bank's corporate climate change agenda. The Climate Finance Specialist will support SCCFM's engagement with Global Departments and Regional Operations on the development and implementation of climate and carbon finance.
The successful candidate will have experience of World Bank's lending operations; technical expertise in climate finance and carbon markets; expertise in private sector and/or financial sector development; and track record of fundraising with development partners. She/he is also expected to have excellent project management, communication, and interpersonal skills. The Climate Finance Specialist will be based in Washington, DC and will report directly to the SCCFM Global Manager.
Duties & Accountabilities
Provide technical support to regional teams for the origination, generation and monetization of emissions reduction programs within World Bank's operations, including in the development of carbon crediting methodologies and MRV processes.
Support the delivery of emissions reductions programs under SCCFM carbon funds, with a focus on green carbon funds like FPCF and ISFL.
Support the operationalization of SCALE-funded carbon finance components into WB's lending operations, with a focus on natural climate solutions.
Contribute to analytical and advisory services on policies and mechanisms to mobilize private climate finance and develop carbon markets.
Contribute to dialogue, coordination and fundraising with donor partners for the funds managed by SCCFM.
Selection Criteria
In addition to meeting all Bank-wide Grade GF level position criteria, the candidate should fulfill the following additional criteria:
Master's or Ph.D. degree in a technical field such as economics, environment or another field relevant to climate finance. The minimum requirement to apply is a Master's degree with 5 years of experience or an equivalent combination of education and experience.
Experience in the design and development of emissions reduction programs (including crediting methodologies, MRV systems), especially related to agriculture, forest, and land use.
Experience in structuring and implementing innovative investment projects related to climate finance, result-based climate finance, and carbon markets.
Strong client orientation and operational skills developed through work across regions.
Experience in World Bank's lending operations (including concept, preparation and implementation). IPF accreditation is a plus.
Experience in providing advisory services to governments on policy and regulatory issues related to climate finance and carbon markets.
Experience in working with climate funds with proven results in terms of mobilization and management of donor funding.
Strong communication, inter-personal, diplomatic, and partnership skills, including ability to write quickly and concisely to synthesize complex documentation and ideas for a range of audiences.
Demonstrated skills and experience in speaking and writing to senior management, government officials, and donor partners.
Excellent command of the English language, both written and spoken. Fluency in an additional language common to the World Bank would be an asset.
This internal requisition is open to WBG and IMF staff only (including short-term and extended term consultants/ temporaries). External candidates are requested not to apply. In case an external candidate applies, their application will not be considered.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
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.