Overview
The consultant will support the Climate Investment Funds' (CIF) engagement with donors, MDBs, and strategic partners on financial instruments of contribution to drive resource mobilization and advance innovative approaches for capital deployment.
Key Responsibilities
- Engage donor governments and institutions, philanthropies and other providers of concessional resources on contribution modalities and their applicability to CIF programs.
- Support negotiations and discussions on terms of contributions, including financial, legal, and governance considerations.
- Develop, market and implement innovative fundraising instruments (e.g. callable capital, first loss guarantees, etc.).
- Assess executability of contributions against MDBs’ financing frameworks, World Banks (as Trustee) policies and procedures and CIF objectives.
- Contribute to CIF’s resource mobilization strategy with a focus on diversifying contributions instruments and improving capital efficiency.
- Support high-level fundraising engagements where financial structuring and innovation are central.
- Undertake additional strategic and analytical tasks as required.
Required Experience
- Minimum 8 years years of relevant experience in development and climate finance, notably engaging donor governments and development finance institutions on financing mechanisms.
- Strong understanding of donor government approaches to channeling climate and development finance, including related instruments and modalities, and their engagement with the MDBs.
- Demonstrated expertise in working with donor governments in preparing and structuring contribution agreements with partners, including innovative instruments such as returnable/repayable contributions, blended finance and guarantees.
- Experience in mobilizing resources from alternative providers of concessional finance – including non-traditional donors such as emerging economy contributors, or philanthropic entities – and/or in structuring non-traditional financial contributions such as guarantees, returnable capital, or other innovative financing instruments beyond traditional grant-based contributions.
Qualifications
Advanced degree (master’s or equivalent) in Finance, Economics, Development Finance, or a related field.
