SUSTAINABLE FINANCE OFFICER

at  Global Green Growth Institute

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.
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.
GGGI in collaboration with the Ministry of Economy and Finance of the Government of Peru is rolling out a 36-month technical assistance program to the Government of Peru titled “Mobilizing International Climate Finance and Private Investments for Low-Carbon and Climate Resilient Development in Peru”. The program, funded by the Green Climate Fund (GCF) Readiness and Preparatory Support Program, aims to play a pivotal role in the implementation of the country’s Climate Finance Strategy (CFS) and Green Finance Roadmap (GFR) which outline strategic measures and actions to accelerate the flow of international climate finance and private sector investments towards low-carbon, resilient projects and initiatives.

POSITION SUMMARY

Based in Lima, Peru, the Sustainable Finance Officer will act as the Sustainable Finance focal point of the GCF Readiness project, originating and structuring sustainable finance instruments and mechanisms to integrate environmental, social and climate change considerations in Peru’s financial sector to accelerate the mobilization of international climate finance and private investments.
S/he will work within the premises of the Ministry of Economy and Finance, Directorate of International Economics, Competition and Productivity Affairs, in which relies also the National Designated Authority, and report to GGGI Public Finance Senior Officer.

REQUIREMENTSQUALIFICATIONS

• Must be a Peruvian citizen, or a foreigner holding a valid Work Visa.
• Bachelor’s degree in Public Administration, Finance, Economics or other related fields.
• Preferably an advanced degree in Finance, Public Administration, Economics, Sustainable Development, or other relevant field.
• Preferably 5 years of professional sustainable finance experience, including thematic bonds, green credit/loans, sustainable banking, climate funds, climate-smart PPPs, etc.
• Proficient communication skills, in written and oral, both in English and Spanish is required.
• Demonstrated ability to formulate project proposals in compliance with requirements of various climate finance funds.
• Ability to interact and form relationships with high-level government officials and partners.
• Knowledge of and experience in adhering to internationally agreed environmental and social safeguards (ESS) and gender-sensitive design requirements.
• Strong ability to work independently and/or remotely, while maintaining productivity.
• Promote diversity and inclusion.

• Accelerate the integration of E&S and climate change standards in Peru’s public finance sector through capacity building and technical assistance to the Ministry of Economy and Finance, Ministry of Environment and national development banks among others identified as relevant;
• Assist the integration of gender and climate change considerations into Peru’s public budget through the development of a Climate and Gender Budget Tagging methodology;
• Promote sustainable banking practices through policy recommendations and capacity building;
• Advise public and private financial sector actors on the design and structuring of innovative sustainable finance instruments, including thematic bonds, green credit programs and debt for nature swaps, among other instruments identified as relevant in the project;
• Deliver on-demand technical assistance to the Ministry of Finance on sustainable finance matters, in coordination with the General Directorate of International Economics, Competition and Productivity Affairs, in which relies also the National Designated Authority.