The Caribbean Development Bank (CDB/The Bank) is seeking to recruit a Climate Change and Finance Intern for its Environmental Sustainability Unit.

THE DIVISION

The intern will work with the Environmental Sustainability Unit (ESU) in the Projects Department. Among other responsibilities, the ESU coordinates CDB’s overall climate change-related support to Borrowing Member Countries (BMCs). This includes support to mobilise, effectively utilise and track flows of climate finance for programmes and projects that enable BMCs to invest in climate-resilient and low-emissions infrastructure and development pathways. This is an important and growing area of work for CDB, and will be the primary focus of the internship.

ROLE AND RESPONSIBILITIES

The objective of the internship is to strengthen and supplement CDB’s capacity to effectively support BMCs in the areas of climate change and climate finance. In particular, the intern will support the following specific areas of work:

1. Green Climate Fund (GCF) Readiness and Preparatory Support Programme: The intern will assist the CDB Climate Finance Specialist to oversee and manage the implementation of approved GCF readiness projects. This will include assisting with the supervision of external consultants to ensure they produce technical deliverables in a timely manner and in accordance with high quality standards, and ensuring CDB fulfils its obligations as the GCF Delivery Partner for these projects (e.g. progress and financial reporting) in accordance with the agreed implementation plans.

2. GCF programmes and projects: The intern will assist the CDB Climate Change Specialist (in coordination with the CDB Climate Finance Specialist) with the preparation of one programme or project proposal that the Bank is developing for submission to the GCF. The Climate Change Specialist will work with the intern during the initial stages of her/his assignment to identify the proposal (among those already being developed by CDB) in which the intern is most interested and to which she/he can make the greatest possible contribution during the internship.

3. Climate finance tracking: The intern will assist the CDB Climate Finance Specialist to ensure the Bank’s climate finance tracking methodology is systematically applied to all new programmes and projects appraised by the Bank. The intern will therefore familiarise herself/himself with the methodology (which is used by Multilateral Development Banks) and assist CDB Project Coordinators/Supervisors to apply it during project appraisal.

4. Climate Change TA projects: The intern will assist ESU to identify leads and opportunities for new projects and finance to further the work of the Bank to support BMCs national adaptation plans and national determined contributions.

5. Other ESU tasks as required: The intern may be requested to provide other support to the ESU on an as-needed basis.

REPORTING REQUIREMENTS

The intern will report to Ms. Valerie Isaac, ESU Coordinator. The intern will also work in close collaboration with Mr. Derek Gibbs, Climate Finance Specialist, and Mr. Nicholas Ross, Climate Change Specialist, as well as other staff from the ESU.

EDUCATION AND COMPETENCIES

Competitive candidates should:

• Be enrolled in or recently completed (within 12 months) a Bachelor’s or Master’s degree programme in a field that is directly relevant to the work of the ESU, including environmental management, natural resources management, public policy/administration, or (environmental) economics;

• Be knowledgeable about climate change issues and challenges in the Caribbean Region;

• Be familiar with the concept and role of climate finance (note that familiarity with the global climate finance architecture, and key stakeholders within it, would be a particular asset);

• Be able to work well as part of a team; and

• Have strong oral and written communication skills.