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.

POSITION SUMMARY

The Sustainable Finance Officer, who is based in Lima, Peru, will serve as the UK PACT ABCPA project’s Sustainable Finance focal point. They will develop and structure sustainable finance mechanisms and instruments to incorporate biodiversity considerations into Peru’s public instruments and normative frameworks, which will speed up the mobilization of private investments and international environmental finance.
S/he will report to the UK PACT ABCPA Project Manager of GGGI and work primarily with the Ministry of Environment’s General Directorate of Environmental Economics and Finance and General Directorate of Biological Biodiversity, MEF and SERNANP, as well as other key project allies.

REQUIREMENTSQUALIFICATIONS

• Must be a Peruvian citizen, or holding a valid Work Visa.
• Bachelor’s degree in Public Administration, Finance, Economics, Biology or other related fields.
• Preferably an advanced degree in Finance, Public Administration, Economics, Sustainable Development, Biodiversity or another relevant field
• Preferable 6-8 years of professional experience in sustainable finance, including green financial instruments (loans, bonds, funds, debt swap, etc.) and environmental economic tools (NbS, payment for ecosystem services, etc.).
• Demonstrated ability to formulate recommendations and reports aligned with requirements of various key project allies and public sector actors.
• Knowledge in adhering to internationally agreed environmental safeguards (ESS) and gender-sensitive design requirements.
• Ability to interact and form relationships with high-level government officials and partners
• Written and oral skills in English and Spanish is required.

• Accelerate the integration of nature-related financial risks, and innovative financial mechanisms through both design and implementation of tailored capacity-building programs among regulators, financial institutions, and real economy actors.
• Assist public sector actors formulate recommendations to strengthen public green financing frameworks (e.g. NBSAP, Green National Taxonomy, NDCs) and public green financial instruments (e.g. thematic bonds and debt swap), incorporating local and international biodiversity finance criteria.
• Assist in the implementation of the Habitat Bank pilot adapted to Peru’s environmental and economic context that will integrate the environmental offset requirements of critical economic sectors considering the sustainable finance framework -compliant with local regulations- and the development of a plan for establishing a compensation market.
• Support the integration of GEDSI approach into Peru’s public green financing frameworks.
• Deliver on-demand technical assistance -mainly- to MINAM’s General Directorate of Environmental Economics and Finance and the General Directorate of Biological Biodiversity, to other public entities -such as the MEF and SERNANP- and other key project allies related to sustainable and biodiversity financing.