Environment Specialist (Environmental Finance)
Job Vacancy | Tuesday, March 25, 2025
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- Reference Number 250272 Position Level TI1 Department Climate Change and Sustainable Development Department Division Climate Change, Resilience, and Environment Cluster Location Asian Development Bank Headquarters Date Posted Tuesday, March 25, 2025 Closing Date Tuesday, April 8, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position of Environment Specialist (Environmental Finance) is assigned to the Environment team of the Climate Change, Resilience and Environment Cluster (CCRE) within the Climate Change and Sustainable Development Department (CCSD). You will be based at our Headquarters in Manila, Philippines.
You will report to the Director, Environment and will oversee junior team members.
Your Role
As an Environment Specialist (Environmental Finance), you will formulate and articulate policies and strategies to increase finance for nature positive investments. You will (i) advance the knowledge agenda on environmental finance for all areas of ADB's environmental program including biodiversity, pollution control and circular economy, and nature-based solutions both for sovereign and private sector operations; (ii) provide advice, expertise and technical support to operations to utilize innovative financing instruments such as sustainability linked instruments, thematic bonds, outcome bonds, carbon credits and debt for nature swaps to increase nature positive investments of ADB operations; and (iii) support the coordination and implementation of cross regional cooperation initiatives, partnerships and networks under the Nature Solutions Finance Hub (NSFH) and respond and support different strategic initiatives in ADB, including to expand forest related initiatives with innovative financing instruments. You will also develop knowledge products and disseminate these through training and networks.
You will:
- Support the development of strategies for environmental finance in selected DMCs in close collaboration with government agencies, the Sectors Group (SG), and Resident Missions (RMs), concerning biodiversity, pollution control and circular economy, and nature-based solutions.
Qualifications
You will need:
A University degree in Environmental Economics, Finance or relevant fields; preferably at post-graduate level or its equivalent; At least 6 years of relevant professional experience in the environment finance sector, including international work experience Experience in innovative and emerging areas of finance, such as digital finance, blue carbon markets, biodiversity financing, debt for nature swaps, is an asset. Experience in project finance would be a plus. Excellent communication skills with demonstrated ability to distill complex information and effectively share knowledge, to influence and benefit the broader ADB community and individual projects. Familiarity with mandates, operations, and policies of multilateral financial institutions. Ability to liaise and work effectively with staff within own and also remote work locations and to work collaboratively within teams. Excellent client and stakeholder relationship management skills. Written and verbal proficiency in English Please refer to the link for ADB Competency Framework for Technical International Staff Grade 1.Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan Housing and education allowance (if applicable) Expatriate benefitsAdditional Information
This is a fixed term appointment with option to renew for an initial period of three (3) years following Section 3.1 (b) of Administrative Order No. 2.01 (\"Recruitment and Appointment'). This appointment is not convertible to a regular appointment. It may be extended on an exceptional basis for a further fixed period at the option of ADB. This appointment is open to internal and external applicants.
This position has been created as part of the Workforce Rebalancing Framework, which is a multiyear initiative aimed at increasing in-house expertise in key operational areas that was previously sourced from consultants through ADB's technical assistance. The goal is to strengthen in-house expertise to enhance the quality of ADB's policy dialogue, operations, and knowledge solutions delivery by collaborating closely with developing member country clients. Expected candidates are seasoned experts in the advertised area(s) with strong field experience who can lead policy dialogue and project work with emphasis on providing knowledge solutions. Staff may undertake short-term assignments in other groups, departments or offices only when the expertise in the advertised area(s) is needed by those groups, departments or offices.
About Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
To view ADB Organizational Chart, please click here.
ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
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