Pacific Regional Green Investment Lead & CFAN Project Manager

INTRODUCTION

GGGI has five Members in the Pacific Islands: Fiji, Kiribati, Papua New Guinea (PNG), Tonga and Vanuatu. GGGI’s work in the Pacific started with operations on the ground in Fiji and Vanuatu in 2015. Since then, offices have also been established in Kiribati, PNG and Tonga. In addition, through regional programs implemented by GGGI such as the Pacific NDC Hub, the Climate Finance Access Network (CFAN) and the SIDS Climate Action Program, GGGI is also engaging and working with all 14 Pacific Island Countries and has project activities ongoing in Cook Islands, Palau, Tuvalu, Samoa and Solomon Islands.

GGGI’s work in the Pacific is focused on strengthening the enabling environment for climate action and green investments including policy development, technical assessments, capacity strengthening and climate finance and investment planning with the aim to mobilize over USD 750M by 2027. GGGI works with national, regional and international partners to achieve its objective to support Pacific Island Countries to transition to a climate resilient, green growth economic model.

PROGRAM BACKGROUND: CLIMATE FINANCE ACCESS NETWORK (CFAN) PROGRAM PHASE 2

The Climate Finance Access Network (CFAN) is a global network aiming to accelerate access to climate finance for developing countries. The first phase of CFAN in the Pacific ran from April 2021 to March 2024 and was funded by the Government of Canada. The second phase of CFAN in the Pacific is funded by the Australian Government through the Department of Foreign Affairs and Trade (DFAT). CFAN aims to support developing countries in securing and structuring finance for priority climate projects by cultivating a network of highly trained, embedded climate finance advisors. In the Pacific, GGGI implements CFAN by embedding Climate Finance Advisors into 8 PICs: Fiji, Kiribati, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu and Vanuatu. CFAN is coordinated globally by Rocky Mountain Institute (RMI) as the Secretariat of CFAN and other partners in the Pacific, including The Pacific Community and the Secretariat of the Pacific Regional Environment Programme.

 POSITION SUMMARY

The Regional Green Investment Lead will lead the Climate Finance Access Network (CFAN) Phase 2 Program under GGGI and manage Pacific-wide GGGI green investment portfolio with the aim of achieving the investment targets of the Pacific Region. The position will provide strategic leadership to the Pacific investment pipeline development, support country teams in structuring and originating bankable projects, development of the business case, investment documentation, identify and analyze project opportunities, competitive strengths and limitations of projects and their sponsors/funders. The Regional Green Investment Lead also takes responsibility for the coordination and management of the CFAN regional program and deployment of its staff, training, engagement with donors, investment planning, KPIs and target setting, performance monitoring and reporting. The Regional Green Investment Lead reports directly to the Pacific Regional Director, with secondary reporting to the Head of Green Investment Services (GIS).

PURPOSE

The Regional Investment Lead works with partner countries in the originating, designing, and implementing of climate finance and green investment projects in various sectors. The Regional Investment Lead is expected to lead in the identification of new project opportunities in countries, development of project concepts, design of financing mechanisms, identification and engagement of potential financiers, and presentation of investment and policy recommendations to partner countries/government agencies.

 The Regional Investment Lead should undertake the following activities:

• Guide the development, maintenance and monitoring of regional and country investment pipelines and portfolio monitoring system to ensure that investment ideas are progressed to become investment ready through the probability weighted pipeline.
• Mature the existing pipeline of investment projects and lead development of new scalable, replicable projects in the Pacific preferably in alignment with local needs and GGGI global programs and thematic priorities.
• Provide leadership and technical guidance to CFAN Advisors and other GIS staff in countries in the Pacific
• Engage with Country Representatives (CRs) in the Pacific on project specific issues and investment aspects of projects.
• Provide regular updates to GIS Head on project status in terms of delivery, the country and regional strategy and budget.
• Develop and maintain relationships with potential investors, financiers, development banks, and donors.
• Provide technical advisory services on project finance structuring, including blended finance, public-private partnerships (PPPs), concessional finance, sustainable and green bonds.
• Lead the preparation of CFAN donor reports, budgets and work plans/CFAN staff KPIs.
• Support proposal writing and resource mobilization.
• Receive project updates from and provide regular advice and support to CFAN advisors/GIS staff placed in the Pacific region.

ENGAGEMENT

Working with the Regional Director, Country Representatives in Pacific region and GIS Head at GGGI HQ, the Regional Investment Lead manages a portfolio of green investment projects in the Pacific countries, engaging with country teams, in-house and external experts/organizations. The Regional Investment Lead provides technical advice and guidance to other GIS staff members and leads capacity building of internal staff and government officials in the area of green investment project design, preparation and implementation. The Regional Investment Lead plays a critical role in building, maintaining, and strengthening partnerships with government counterparts and international/local stakeholders in the public and private sectors.

 DELIVERY

The Regional Investment Lead should undertake the following activities:

1. Coordination

• Lead coordination between DFAT and GGGI
• Lead periodic meeting updates with DFAT
• Provide timely updates on critical matters to DFAT
• Lead coordination between the CFAN global network Coordinator (RMI) and GGGI.
• Join regular coordination calls with CFAN Secretariat.
• Update CFAN on components of GGGI delivery as outlined in the partnership agreement and elaborated on with CFAN Secretariat.
• Coordinate and participate in CFAN advisor training
• Lead, manage and coordinate GGGI's 8 CFAN advisors
• Bi-weekly meetings with CFAN advisors and Country representatives
• Lead monthly Pacific CFAN advisor meetings (project updates and knowledge sharing)
• Support CFAN advisors on country engagement
• Lead coordination for GCF, Adaptation Fund and other investment fund windows
• Coordinate with HQ all GCF concept note review in consultation with regional Country Representatives and Project Managers
• Serve as focal point on Pacific region's related climate finance/green investment related work
• Attend regularly scheduled meetings with GGGI's Head of Investment & Policy Solutions Division and Head of Green Investment Services (GIS) 

2. Reporting

• Preparation of GGGI bi-annual report to DFAT
• Work with the GGGI Independent Evaluation Unit on Monitoring and Evaluation requirements for the project
• Submission of Monthly Reports and Quarterly Updates for internal reporting on the Climate Finance Access Network Project in GGGI Online, as well as provide inputs to the End of Year Report.
• Provide regular updates to the CFAN Global Secretariat & provide information for the CFAN Steering Committee.

3. Management

CFAN Phase 2

• Provide technical support and over all guidance to CFAN advisors and other GIS staff on stakeholder engagement (public and private), project structuring, concept note writing, financial modelling, and capacity building
• Quality assurance on CFAN requirements and advisor performance and deliverables
• Lead and develop pipeline of projects in all CFAN countries in coordination with CFAN advisors
• Management of project Budget and Deliverables
• Ensuring compliance with all aspects of the grant agreement between GGGI and DFAT
• Approval of the Technical Assistance Requests from the CFAN advisors
• Manage communications plan and strategy with the regional communications lead

 Green Investment Services

• Support Pacific Country teams in the development of green investment and climate finance projects
• Review and provide comments and technical assistance to investment proposals and concept notes from Pacific country teams
• Monitor key milestones of investment projects in the Pacific and provide technical (finance, structuring, etc.) advice to achieve targets

 Resource Mobilization

• Support resource mobilization proposal writing from time to time in the Pacific.
• Support the Regional Director on Phase 3 funding proposal

REQUIREMENTS AND QUALIFICATIONS

· Master's degree in international business, international development, finance, economics, business administration or other related fields

· At least 7-10 years of relevant experience in project/program management

· Minimum 2 years of professional experience outside of home country

· Proven experience in investment planning, evidence-based decision making, research and analysis

· Experience climate finance and public private partnerships preferred

· Demonstrate know-how in business case development, financial and/or economics analysis for projects

· Experience in day-to-day engagement with Government ministries and agencies

· Experience in engaging with private sector and other stakeholders (academia, NGOs, development partners, etc)

· Experience in the Pacific Islands countries is an asset

· Fluent written and spoken English is a requirement.

FUNCTIONAL

· Experience in leadership and management roles, with responsibility for strategic direction setting, work program and budgets, and team leadership and management.

· Sound knowledge and expertise in developing successful organizational and program level systems for planning, measuring and demonstrating impact.

· Ability to interact and form relationships with high-level government officials and partners

· Resourceful and able to develop and operationalize strategies to achieve outputs and outcomes

CORPORATE

· Project management: Proven ability to independently plan, manage and complete projects that deliver quality outcomes in a timely and inclusive manner.

· Communication: Strong written and verbal communication skills, with the ability to deliver products or presentations that are concise, easy to understand and influential.

· Influencing change: Track record of engaging effectively to secure buy in, underpinned by strong listening, trust building, influencing, facilitation and negotiation skills.

· Team player: Capacity to be selfless team member, to operate across organizational boundaries, and maintain a resilient, positive and results-focused mindset in a dynamic environment.

· Promotes an organizational culture of trust, transparency, respect and partnership 

WORKING CONDITIONS

This position is an X10, international grade level in GGGI's salary scale with a base salary starting from USD 93,480. Determination of base salary is subject to candidate's experience, academic background and internal equity. GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance that covers dental and vision.

GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members to achieve a better balance between work and personal/family commitments, thus ensuring high performance, long-term productivity, and well-being of Staff members.