Job Abstract

Practice Manager: Finance Mobilization for the Climate Change Group

Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org.

Planet Practice Group and the Climate Change Group

The Planet Practice Group helps countries address their most complex challenges in the areas of Agriculture and Food; Climate Change; Environment; Natural Resources & Blue Economy; Social Sustainability and Inclusion; and Water.

The Climate Change Group (CCG) is part of the Planet PG and has as key function to support the mainstreaming of climate change across the WBG, in client countries, and with development partners. CCG works across the Bank with Global Practices and Regional Operations to ensure climate considerations are integrated in analytical work, sector and country strategies, development planning and operations. In this manner, CCG enabling the Bank to meet the targets outlined in its Climate Change Action Plan (CCAP) 2021-25, and other Corporate Commitments, including those of the new corporate scorecard and the Global Challenges Programs, as well the World Bank Engagement Roadmap for Carbon Markets. CCG supports the Bank and clients mobilize public and private finance, provides technical assistance and operational support, undertakes analytical work and utilizes its convening power to help countries in their transition to low-carbon, climate-resilient development pathways.

The Climate Finance Mobilization Unit:

Within the CCG, the Climate Finance Mobilization Unit (SCCFM) supports countries to access and leverage effective, inclusive and innovative climate financing solutions integrated with World Bank operations. The primary focus of SCCFM is in the development of policies, technical approaches, and instruments for mainstreaming results-based climate finance and Emissions Reductions Programs in WBG investment operations through the Bank’s regions and global practices. The unit also mobilizes climate finance through long-standing carbon trust funds that deliver innovative, scalable climate action. It supports analytical work and builds partnerships. The unit serves as a “one-stop” shop for the delivery of the Bank’s carbon funds, including: the Forest Carbon Partnership Facility (FCPF), Bio Carbon Fund Initiative for Sustainable Forest Landscapes (BioCF ISFL), Transformative Carbon Asset Facility (TCAF), Carbon Partnership Facility (CPF), and Carbon Initiative for Development (Ci-Dev). It oversees implementation of these programs by the WB; financial and trust fund reporting; asset management; donor relations; mobilization of other sources of finance and manages the overall Umbrella TF issues (SEFF, FINs etc). A new Umbrella Trust Fund has been established recently to cover all result-based carbon/climate finance, Scaling Climate Action by Lowering Emissions and its associated trust fund EnABLE – Enhancing Access to Benefits while Lowering Emissions. SCCFM is developing innovative ways to capitalize this facility. In addition to traditional donors, it will target philanthropies and the private sector. Finally, a Bank-wide working group is exploring innovative financing mechanisms, geared towards crowding in private finance to carbon crediting and results-based finance. SCCFM plays a critical role in shaping and ground-truthing new approaches to mobilizing finance in this area.

Duties and Accountabilities

CCG is hiring a Practice Manager (PM) for SCCFM, who will manage about 35 staff and report to the Climate Change Global Director. The PM will be part of a cohesive CCG department, including four technical units and a small Front Office team. The PM will also be a member of a collaborative CCG Management Team, the CCG Leadership team and the Climate Change Talent Board.

The Practice Manager will be responsible for:
• Managing the unit staff, setting with each staff member their annual objectives, providing performance feedback throughout the year, and supporting staff in their career development.
• Collectively setting the unit strategy, as part of the broader one-CCG approach, and leading the broad-based team to support delivery, innovation and integration of Results-Based Climate Finance in WBG operations.
• Ensuring the delivery of commitments across the carbon funds, with emphasis on high environmental and social integrity of results. The PM is expected to consolidate and increase the efficiency in the management of these trust funds.
• Developing and providing technical assistance on new methodologies, MRV approaches, approaches to results measurement for mitigation, resilience and adaptation, and other necessary elements relevant for results-based financing further mainstreaming and deepening climate finance and carbon markets across regions and WBG.
• Coordinating across CCG, GPs and Regions in piloting and scaling up climate/ carbon financing in operational dialogue and programs. The PM will do so by providing the enabling environment, supporting analytics and technical assistance across sectors, including for example, in energy, macro-fiscal, and agriculture, and landscapes.
• Playing a lead role in building donor partnerships, coordination and fund-raising for the funds managed by SCCFM in coordination with CCG.
• Ensuring the delivery of high-quality, just-in-time corporate reporting on a continuous basis.
• Working as one-CCG, ensuring coherence and synergies across the four units and contribute to shaping the Climate Agenda for the Bank.
• Substantively contributing to the design and delivery of training programs for Bank staff and clients, focused on but not-limited to delivering the supply of high integrity results-based carbon credits and climate finance.
• Actively participating in Leadership Team and Talent Board, including for Workforce Planning of CCG staff and supporting the careers of Climate-mapped staff across the Bank.

Selection Criteria

• In addition to meeting all Bank-wide Grade GH level position criteria (i.e., Work in at least two world regions or a combination of region and corporate assignments, and field experience preferred), the candidate is expected to have a Master's or Ph.D. degree in a technical field such as engineering, economics, finance, public administration, or another field relevant to climate, and typically the successful candidate will have 12-15 years of experience in positions of increasing complexity and responsibility.
• Strong people and resource management skills, proven experience working in formal and non-formal reporting authority situations. Prior management experience of a large team is highly preferred.
• Strong operational and analytical skills and superior client orientation developed through diverse experience working across Bank regions, GPs, IFC and/or MIGA, and across all Bank lending instruments.
• Strong knowledge of the WB Trust Fund policy and TF Umbrella reform agenda, and experience implementing reforms to bring greater coherence and efficiency in TF management is highly desirable.
• Interpersonal, diplomatic, and partnership skills for building and maintaining collaborative relationships with stakeholders. Experience with managing multl-donor Trust Funds.
• Strong sense of strategy, including ability to prioritize and exit activities and engagements, track record in streamlining and rationalizing product offerings.
• Demonstrated ability to undertake a diversity of tasks within a rapidly changing and demanding environment on short deadlines.
• Demonstrated in-depth experience working across practice and disciplinary boundaries and with multiple stakeholders – public, private and civil society – in building collaborative alliances for results.
• Excellent command of the English language, both written and spoken with fluency in additional languages highly desirable.

WBG Leadership Values and Managerial Behaviors:
• Leadership of Self: Role model the change and values for WBG; Demonstrate courage of convAictions, ownership and self-mastery within the organization in accordance with our values.
• People Leadership: Lead and inspire staff to perform and deliver for better results; Help others achieve their fullest potential through coaching and mentorship.
• Collaborative Leadership: Be mutually accountable for entire WBG’s corporate targets and success; Work across WBG and with clients and partners to achieve better results.
• Client Solutions Leadership: Be the leading provider of development solutions for country clients; Provide leadership in both knowledge generation and knowledge sharing.
• Decisive Leadership: Take informed risks and make decisions in a transparent manner resulting in transformative impact for clients; Commit to decisions once they have been made.

WBG Five Managerial Competencies

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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