Climate Finance Specialist

hace 18 horas


Panama United Nations A tiempo completo

Result of Service
2. Objective

The consultant will support the Climate Change Unit building and managing a climate-finance related project portfolio and initiatives in Latin America and the Caribbean focused mainly on (1) improving the contribution of finance to low emissions and resilient development and; (2) strengthening financial stability by incorporating climate factors into investment decision making.

The overall objective of this position is to provide strategic advice on climate finance issues to help Latin American and Caribbean countries increase investments to comply with the Paris Agreement. To help with the development of policy and projects that bridge the climate finance gap, science, policy responses and investment. Also, to support the unit to formulate proposals that entail innovative financing approaches that harness the power of disruptive technologies and business models, as well as boosting the potential of partnership structures to bring together governments, development banks and the private sector, all with the aim of implementing the region’s priority climate actions.

The consultant shall perform the following activities:

- Align financial sector strategies with the implementation of the Nationally Determined Contributions (NDC).
- Identification, conceptualization, formulation, and implementation of a bankable climate-finance related project portfolio in Latin America and the Caribbean within the scope of the UN Environment Programme’s climate change Programme of Work and strategy for private sector engagement. This portfolio shall integrate projects, initiatives, technical cooperation, etc. within the sphere of climate finance (climate risk, green investments, bonds, taxonomies, etc.) and across all stakeholders, such as banks, insurances, investors, regulators, decision makers, climate funds, etc.)
- Design climate-related fund programming to leverage other sources of public and private finance.
- Designing financing instruments across public and private finance to deliver climate related outcomes.
- Working with the private sector to educate investors in climate change impacts to enable private sector capital to flow to Paris Agreement related investment.
- Articulating financing strategy and frameworks for climate change plans including in support of Nationally Determined Contributions
- Development of top-down financing needs assessment at the macro-level to inform discussions with planning and finance authorities to identify the financing envelope.
- Provide strategic insights on latest developments in climate finance, covering private sector and financial actors, innovations in business models and financial products.
- Research and engagement creation of partnerships with relevant national, regional, and global stakeholders.
- Contribute to strategic UNEP internal and external policy position papers, business plans, communication products and internal briefing notes.
- Provide inputs/ contribute to the development of funding proposals.
- Technical advice to support countries in the region to undertake legal and regulatory reforms and develop frameworks that integrate laws and regulation which are ‚fit for purpose‘ to de-risk, unlock, mobilise, leverage and mainstream public and private climate finance.
- Providing technical support for project development processes.
- Support in the organization of financial sector engagement workshops.
- Support the implementation of capacity building measures and policies. Mapping financial actors in a country.
- Knowledge in managing physical and transition risks in the banking sector.
- Identify and support new and existing programming and partnership opportunities and initiatives. Existing initiatives can include, but are not limited to SDG Impact, the Climate Investment Platform, and UNEP collaborations on financial instruments. Partners can include, but are not limited to: multilateral development banks, vertical funds such as the Globa Environment Facility (GEF), the Green Climate Fund (GCF), bilateral donors, private sector (corporates, investors), and others.

Work Location
Initially Home-based then at UNEP ROLAC, Panama City, Panama, once UNEP ROLAC new offices are open.

Expected duration
12 MONTHS

**Responsibilities**:
1. Purpose

The United Nations Environment Programme (UNEP) is the leading global environmental authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system and serves as an authoritative advocate for the global environment.

The UNEP’s Latin America and the Caribbean Office (ROLAC), located in Panama City, works closely with the 33 countries of the region and its activities are integrated into the Medium-Term Strategy and the Programme of Work approved by the United Nations Environment Assembly (UNEA).

It is estimated that the capital needed to realize the 2030 Agenda for Susta



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