Project Officer (Talent Pool)

Tags: climate change finance English language
  • Added Date: Thursday, 28 July 2022
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Grade: IS - 2

Deadline: 28 August 2022 (11:59 PM KST)

Location: Songdo, Incheon, South Korea

Job Category: International

Salary: USD 87,700 net (plus attractive benefits, that include the following allowances (as appliable): Relocation, dependency, education assistance and home country travel)

The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their people. Established in 2010, the GCF invests in transformational climate projects in the developing world. The Fund makes an ambitious contribution to global climate action and channels significant financial resources into developing countries to help build low-emission and climate-resilient societies. It is country-driven and undertakes actions that reflect the circumstances of each country concerned and its national aspirations. The GCF is a key enabler of the 2015 Paris Agreement on Climate Change. Since its establishment, the GCF has approved 192 projects in 123 countries and has committed USD 10.1 billion in climate finance. In addition, it has built up an extensive program to support developing countries to identify their needs, in particular, those who are most vulnerable to climate change impacts. The GCFโ€™s diverse workforce is advancing its mission from its headquarters in South Korea. Our talented staff makes unique contributions to the Fund, enriching the institution through their combined expertise and professional commitment.

Position Objective

The Project Officer, as part of the Private Sector Facility, will be responsible for undertaking a range of operational and analytical tasks necessary for the ongoing operationalization and implementation of the private sector strategy of the Fund with a focus on private sector transactions including upstream support provided to countries for green finance policy initiatives. The role contributes to achieving the Fundโ€™s private sector strategy and overall strategic objectives for increasing the share of PSF proposals in GCF portfolio and increasing private capital mobilization for climate action; using a variety of financial instruments including equity, guarantees and financial innovations that will increase PSFโ€™s deal pipeline and overall effectiveness.

Duties and responsibilities

Purpose

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