We improve lives
The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.
About this position
We are looking for an autonomous, experienced, and highly motivated individual with a background in green finance and multilateral development bank (MDB) operations. The consultant will collaborate with stakeholders across the IDB Group (IDBG) and Latin America and the Caribbean (LAC) to provide technical leadership in green finance tracking. They will support project teams throughout the project cycle, advising on the application of the green finance tracking methodology.
You will work for the Climate Change Solutions Division (โCSD/CCSโ), which is part of the Climate Change and Sustainability Sector (โCSDโ). This team is responsible for advising IDB management and developing policies, strategies, operational guidelines, and programs on issues relevant to the sector, as well as related areas. In addition, CSD carries out relevant sector research, analytical work, sector practices and case studies on climate change and sustainability.
The Inter-American Development Bank Group (IDB Group) is fully committed to ensuring development goes in hand with environmental sustainability. Over the past 17 years, the IDB Group has been dedicated to promoting climate change action and a healthy environment for the Latin America and the Caribbean (LAC) citizens. The IDB Group is also scaling up โnature positiveโ investments to halt and reverse nature loss by enriching biodiversity and sequestering carbon. To that end, the IDB led the development and endorsement of a joint statement with a coalition of 10 multilateral development banks (MDBs) that outlines commitments to further mainstream nature into their policies, investments, and operations.
Later on, the MDBs published a set of common principles to track nature-positive finance, making it easier for MDBs to implement screening and tracking systems that quantify the volume of finance going to nature-positive activities from direct and indirect activities.
The common principles define nature-positive finance, in the context of MDBs, as financing that supports actions that protect, restore or enhance the sustainable use and management of nature, or enable these actions, contributing to the implementation of the Global Biodiversity Framework and its broad ambition to halt and reverse nature loss by 2030, with a view to full recovery by 2050.
What youโll do
- Scan IDB pipeline for green finance opportunities based on the tracking annual process and the green finance tracking methodology of the IDB.
- Advise teams during the project cycle on the application of the new IDBG methodology to track the green finance contribution of each project.
- Check and validate green finance estimates.
- Collaborate with other CCS specialists to generate integrated tools to track green finance, in coordination with climate finance tracking and Paris Alignment teams.
- In coordination with the Biodiversity and Natural Capital unit (BNC), participate in discussions of MDB sub-groups on specific technical matters related to Green and Climate Finance Tracking, including those related to nature finance.
- Support VPS and CCS climate change specialists and CCS focal points (with operational divisions) on technical matters related to Green Finance Tracking toward ensuring more nuanced, better-informed analysis and estimations; support project preparation and execution as needed.
- Generate and organize data on IDBโs Green Finance Tracking of its operations and, based on lessons learned, suggest improvements, and contribute to the process to refine the methodology for this process.
- In coordination with (BNC), support the update of the green finance methodology to fully incorporate the concept of nature finance based on the MDB Common Principles for tracking nature-positive finance.
- Generate a list of common activities that contribute to green finance by sector.
What you'll need
โข Education: Masterโs degree in environmental economics, environmental engineering, or other discipline related to the environment
โข Experience: At least 5 years of experience in environmental policy and regulation.
โข Languages:
- Proficiency in English and Spanish
Requirements
โข Citizenship:
- International - You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
โข Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
Type of contract and duration
โข Consultant:
- International consultant Full-Time 12 months (up to 36 months).
What we offer
- A competitive compensation packages.
- Leaves and vacations: 2 days per month of contract + gender- neutral parental leave.
- Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
- Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
- We offer assistance with relocation and visa applications for you and your family when it applies.
- Hybrid and flexible work schedules.
- Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
- Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others
Our culture
At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.
Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.
Our Human Resources Team reviews carefully every application.