Senior Climate Finance Specialist

hace 3 semanas


Xico, México Ifc Systems Corporation A tiempo completo

**Climate Finance Opportunities**

IFC — a member of the World Bank Group — is a 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.

The Financial Institution Group (FIG) is one of the major industry groups at IFC responsible for managing roughly 40% of IFC's overall business in terms of volume, capital at risk, profitability, and development reach. FIG engages in a wide range of sub-sectors including Microfinance, SME, Gender, Climate, Insurance, Capital Markets, Housing, Distressed Assets, Global Trade Finance, and other areas. FIG provides investment and advisory solutions to hundreds of financial intermediaries in emerging markets to enable them to play a positive role in economic growth.

Climate Business is one of the strategic priorities of the WBG, and IFC has set itself a very ambitious climate action plan and reach a climate target of 35% of total investments from 2021 to 2025. To contribute to those targets, FIG has already quadrupled its climate finance investments over the last three years, working with FIs to scale up their financing of climate friendly projects. The team comprises of technical specialists, investment and operations officers and project managers who provide advisory services (AS) and investment services (IS) to financial institutions.

IFC has established a global advisory services program called the "30 by 30 Zero Program", a 6-year project (2021 to 2027), that is aiming to harness the financial sector in targeted emerging countries to scale up private sector financing for climate mitigation and adaptation projects in line with NDCs. This flagship program is being piloted in 4 different countries: Egypt, South Africa, Philippines, and Mexico. The project follows a holistic approach to contribute to create domestic markets for financing climate businesses, with tailored interlinked interventions at three levels: Policy, Capital Market, and Financial Institutions.

The project is implemented through 5 components:
1. Develop climate-focused ESG public policies with regulators and supervisors, including the development of a national sustainable taxonomy (led by the World Bank - IBRD)
2. Contribute to the development of the sustainable capital market, with a focus on climate, targeting institutional investors and potential issuers from the real economy (led by IFC FIG)
3. Support the financing of a priority sector (NDCs) - in the case of Mexico: Distributed Generation of Solar Energy (led by IFC CBD)
4. Accompany the climate transformation of the financial institutions (increase green business and incorporate climate risks). (led by IFC)
5. Sensitize and train the financial sector to increase climate finance. (led by IFC FIG)

As a Senior Climate Finance Specialist, you will be responsible for coordinating and supporting the implementation of IFC's 30 by 30 Zero Program in Mexico. This includes coordinating with the different teams involved at the Mexican and global level, and executing the internal project management (monitoring and evaluation of the development indicators, periodic reporting, budget planning, providers' contractualization, communication, etc.).

Some of the key targets of the Program by the end of 2027 include:
to increase from 3.5% to 9.5% the green market share portfolio of FIs;
to originate USD 300 million of IFC's climate investments & mobilization;
to provide advisory services to 5 financial institutions;
and to support the issuance of USD 204 million of green bonds from the real sector.



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