IDB Technical Support for IDB Lab on Designing & Structuring a Climate-focused Fund of Funds Platform Proposal – Consultant (LAB/INV) 2024 International Jobs
JOB DETAIL
JOB DETAILS:
Inter-American Development Bank Technical Support for IDB Lab on Designing & Structuring a Climate-focused Fund of Funds Platform Proposal – Consultant (LAB/INV) United States IDB Jobs 2024
Inter-American Development Bank looking for “Technical Support for IDB Lab on Designing & Structuring a Climate-focused Fund of Funds Platform Proposal – Consultant (LAB/INV)”. Applicants with a Bachelor’s degree may apply on or before 15-Jul-24.
The Inter-American Development Bank has published a job vacancy announcement on 02/07/2024 for qualified applicants to fill in the vacant post of Technical Support for IDB Lab on Designing & Structuring a Climate-focused Fund of Funds Platform Proposal – Consultant (LAB/INV) to be based in Washington DC , United States. For more jobs, please visit https://unjoblink.org
Company Name: Inter-American Development Bank
Job Title: Technical Support for IDB Lab on Designing & Structuring a Climate-focused Fund of Funds Platform Proposal – Consultant (LAB/INV)
Duty Station: Washington DC , United States
Country: United States
Application Deadline: 15-Jul-24
Responsibilities:
The consultancy will undertake the following key activities:
- Market and Ecosystem Analysis, including:
o Leading global trends: Analyze and provide an overview of leading global trends and initiatives around innovation for climate action and the investment industry that are (i) aligned to IDB Lab’s mandate and focus on innovation for inclusion, (ii) relevant to the LAC region, and (iii) aligned with GEF,GCF, and other climate related potential partner’s priorities.
o LAC opportunity analysis: Based on the above, identify core opportunities for climate action and VC funds that will help to enhance/refine IDB Lab’s proposed platform . This will include mapping of Nationally Determined Contributions (NDC) and Long-Term Strategies (LTS), vital economic sectors/industries with the most significant potential for purpose-driven climate tech innovation.
o Catalyzing Resources: Identify leading public agencies and bilateral donors interested in the highest-risk investment tranches that could be potential investors in the platform. Define strategic entry points for collaboration based on strategic priorities and risk-reward profiles suitable to lock in mutual interest and traction.
- Platform – Structure, Pitch Deck, and Overview including:
The consultancy will undertake the following key activities:
- Market and Ecosystem Analysis, including:
o Leading global trends: Analyze and provide an overview of leading global trends and initiatives around innovation for climate action and the investment industry that are (i) aligned to IDB Lab’s mandate and focus on innovation for inclusion, (ii) relevant to the LAC region, and (iii) aligned with GEF,GCF, and other climate related potential partner’s priorities.
o LAC opportunity analysis: Based on the above, identify core opportunities for climate action and VC funds that will help to enhance/refine IDB Lab’s proposed platform . This will include mapping of Nationally Determined Contributions (NDC) and Long-Term Strategies (LTS), vital economic sectors/industries with the most significant potential for purpose-driven climate tech innovation.
o Catalyzing Resources: Identify leading public agencies and bilateral donors interested in the highest-risk investment tranches that could be potential investors in the platform. Define strategic entry points for collaboration based on strategic priorities and risk-reward profiles suitable to lock in mutual interest and traction.
- Platform – Structure, Pitch Deck, and Overview including:
o Structure: Based on the above, define the platform’s objective, structure, governance, and justification of its importance with supporting evidence, and outline potential investors (public agencies and bilateral donors).
o Project Documentation: Prepare strategic documents related to the project approval.
o Overview of the Proposal: a 2-page summary to enable early engagement and feedback with potential climate partners such as GEF and GCF.
o Pitch Deck: Develop a versatile complementary Pitch Deck to facilitate engagement with institutional investors, and potential partners Nationally Designated Authorities (NDAs)[1] and obtain co-financing commitments from public agencies and bilateral donors for scale.
o Other documents: Prepare other documentation related to additional institutional investors requirements.
- GEF Project Identification Form[1]: Prepare and complete the latest GEF Project Identification Form using as input the previous bullets and including context and baseline. Related documents or annexes to this document must be prepared as part of the deliverables.
- GCF Concept Note: Prepare and complete the latest GCF Concept Note[2], using as input the previous bullets and including context and baseline; description; expected performance against GCF investment criteria; engagement among the GCF’s NDAs Accredited Entities[1], and other relevant stakeholders; indicative financing/cost information; brief rationale for GCF involvement and exit strategy; sustainability and replicability of the project; risk analysis; multi-stakeholder engagement; and other supporting documents for the concept note required by the GCF.
Deliverables and Payments Timeline:
The consultant will submit the following deliverables:
- The Inception Report should include the general methodology, work plan, and detailed timetable for the consultancy development
- The Market and Ecosystem Analysis should include an analysis of leading global trends, LAC opportunity analysis, and catalyzing resources (see previous section
- The Platform Structure, Pitch Deck, and Overview should be developed based on the findings in the previous section. The platform’s structure, objective, and justification of its importance should be defined with supporting evidence and potential investors (public agencies and bilateral donors). This report should include a versatile Pitch Deck and a 2–5-page Overview (see previous section).
- The GEF Project Identification Form and related documents.
- The GCF Concept Note should include the documents detailed in the previous section
- The final reports are expected to be in English. All reports will be delivered as follows: (i) The relevant electronic files in MS Word, Excel, or other application acceptable to the IDB (must include all annexes and appendices), and (ii) an electronic PDF file for each full report. These reports and electronic files should be delivered to the project supervisors within time limits.
Payments for the consulting services will be specified in the contract and made upon approval by the Bank of the following:
| Deliverable # | Percentage | Planned Date to Submit |
| Inception Report | 5% | In week 3 after the start of contract |
| Market and Ecosystem Analysis | 10% | In month 2 after the start of contract |
| Platform – Structure, Pitch Deck, and Overview | 20% | In month 3 after the start of contract |
| GEF Project Identification Form (first draft) | 15% | In month 4 after the start of contract |
| GCF Concept Note (first draft) | 15% | In month 4 after the start of contract |
| GEF and GCF documents (final versions) | 25% | In month 5 after the start of contract |
| End of the Contract | 10% | In month 7 after the start of contract |
Requirements:
- Education:Bachelor’s degree (or equivalent advanced degree) in Economics, Finance Business Administration, or other fields relevant to the responsibilities of the role.
- Experience:At least five years of progressive experience with high-level expertise, a good understanding of the LAC entrepreneurial ecosystem, a proven track record in climate finance, resource mobilization, climate-tech innovation ecosystems, blended finance, and Venture Capital.
- Languages: Proficiency in Spanish and English, spoken and written, is required. Additional knowledge of French and Portuguese is preferable.
- Strong organization and writing skills.
- Excellent analytical skills with strong attention to detail.
- Ability to work effectively and efficiently under pressure.
- Knowledge (ideally practical knowledge) of how venture capital and/or private equity funds operate is highly desirable.
- Experience in the evaluation of projects sponsored by GEF, GCF or/and other similar entities is a plus.
- A good understanding of the mission and operations of Inter-American Development Bank or other international development financial institutions.
- The candidate should also be motivated and highly effective in a team environment.
Requirements:
- Citizenship: You are a citizen of one of our 48-member countries.
- Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.
- Presentation of applications: as part of the application, interested candidates should include a list of projects/assignments/held positions similar to the one being presented describing, but not limited to, name of the client, date, project description, length of the project, and stakeholders.
