JOB DETAILS:

United Nations Development Programme Sustainable Finance and Investment Specialist Italy UNDP Jobs 2024

United Nations Development Programme looking for “Sustainable Finance and Investment Specialist”. Applicants with an Advanced degree may apply on or before 14-Jul-24.

The United Nations Development Programme has published a job vacancy announcement on 30/06/2024 for qualified applicants to fill in the vacant post of Sustainable Finance and Investment Specialist to be based in Rome , Italy. For more jobs, please visit https://unjoblink.org

Company Name: United Nations Development Programme

Job Title: Sustainable Finance and Investment Specialist

Duty Station: Rome , Italy

Country: Italy

Application Deadline: 14-Jul-24

Responsibilities: 

The Rome Centre for Climate Action and Energy Transition requires the support of Sustainable Finance and Investment Specialist (“the Specialist”) to deliver on the activities described below. The successful candidate will give a crucial contribution to both the PISTA team and the Energy Partnership team, serving as a technical expert for both. The Specialist will play a pivotal role in overseeing and managing the post-origination phase of projects, ensuring interventions are designed, implemented, and monitored effectively to achieve desired outcomes. The Specialist will report to the PISTA coordinator and the Energy Partnership coordinator. The scope of work over the course of the period may vary depending on the specific assignment and region.

1.Lead Project scoping and selection (PISTA)

• Collaborate with project origination teams to assess climate and sustainability aspects of identified projects.
• Evaluate project eligibility based on defined criteria, including alignment with sustainable finance principles and climate objectives.
• Lead the co-design process for interventions in collaboration with stakeholders, including government entities, relevant climate finance experts, UNDP regional/country offices, and the dedicated Joint Working Group (“JWG”) for each window.
• Prepare comprehensive intervention proposals that incorporate sustainable finance strategies, according to the specific requirements for each window (ICW or BCW) and emphasizing the project’s contribution to a sustainable future.
• Present intervention proposals to the relevant JWG for final selection

2. Lead intervention design and implementation (EP and PISTA)

• Develop or support the development of work plans for approved interventions, ensuring alignment with project objectives and PISTA/EP guidelines.
• Based on intervention needs, manage the procurement of required expertise and services (consultants, training providers, etc.) following UNDP procurement procedures.
• Provide technical guidance and support to project implementation teams.
• Oversee the quality of deliverables produced during project implementation (reports, studies, etc.).
• Monitor progress against timelines and budgets, identifying and mitigating potential risks and issues for assigned projects.
• Maintain clear communication with stakeholders, including government counterparts, relevant experts, UNDP country offices, and the respective JWG, providing regular updates and progress reports.

3. Substantively contribute to Project Climate Finance Strategy, and Investor Engagement (EP and PISTA)

• Engage potential financiers aligned with these principles, including both public and private sector institutions, for PISTA and for the Energy Partnership
• Coordinate with financial intermediaries, institutions and development finance institutions to explore co-financing opportunities that promote long-term environmental and social benefits.
• Develop and present compelling financial packages that not only demonstrate project financial viability but also effectively communicate the project’s positive sustainability impact, attracting investment towards assigned projects under both ICW and BCW windows.
• As needed, support access to Finance for Renewable Energy Projects in Eswatini by maintaining communication and collaboration with key stakeholders in the Eswatini financial sector, and supporting the EP team in its engagement in the country.
• As needed, support progress for projects sourced in Eswatini that received expressions of interest for financing from the Italian Climate Fund.

4. Lead knowledge sharing, monitoring and evaluation (EP and PISTA)

• Monitor activities to track progress, results, and identify areas for improvement for assigned projects.
• Report on project effectiveness and impact, contribute to the development of the PISTA’s annual report by providing data and insights on performance of projects under your responsibility.
• Contribute to knowledge sharing initiatives within the PISTA team and with UNDP country offices

The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization. Supervisory/Managerial Responsibilities: The Sustainable Finance and Investment Specialist is accountable for integrity, transparency, and equity in the management of UNDP resources, including equipment, and supplies. The incumbent may also be asked to supervise work of external consultants and more junior staff.

Institutional Arrangement

• The incumbent will be office based with The Rome Centre for Climate Action and Energy Transition in Rome, Italy;
• The incumbent will report to, and be directly supervised by the PISTA coordinator.
• The incumbent will be given access to relevant information necessary for execution of the tasks under this assignment.
• International mission travel may be required.