The Global Green Growth Institute (GGGI) is seeking a Sustainable Finance Consultant to support the construction of three Thematic Bond Frameworks. Working under the direct supervision of GGGI staff SPA Sustainable Finance, the Consultant will ensure the framework aligns with recognized international standards, such as ICMA’s Principles and aid in the Second Party Opinion (SPO) review process. Additionally, through regular coordination and guidance from GGGI’s Project Manager, the Consultant will contribute in capacity building efforts regarding sustainable finance.
Responsibilities
The Consultant will provide operational support throughout the Second Party Opinion (SPO) process to ensure alignment between the drafted sustainable finance framework and international best practices.
This includes preparing technical documentation, resolving questions from the selected SPO provider, and supporting the timely exchange of information between the beneficiary, GGGI, and the external reviewer.
The Consultant will also assist in responding to technical queries from the SPO provider and facilitate revisions to the framework as needed to meet the requirements for a positive opinion.
The method of verification will be three final draft opinions of the relevant SPO provider.
The Consultant will carry out a focused review of the beneficiaries’ general information, project pipeline, portfolio data, and relevant market analyses to inform the development of the framework’s introductory section and identify potential sectors aligned with sustainable finance eligibility criteria.
This process will include gathering and synthesizing inputs from GGGI staff, as well as from relevant internal and external sources.
The outcome will be a set of well-founded recommendations, including the framework’s introduction, proposed use-of-proceeds categories with corresponding eligibility criteria aligned to international standards, and guidance in the project selection process, proceeds management, and monitoring and reporting sections of the framework.
The method of verification will be three ICMA aligned final drafts of the relevant counterpart approved by GGGI`s project manager.
Requirements:
5+ years relevant experience in the national context with a Master’s degree, or equivalent combination of relevant education and experience.
Tangible Experience in Sustainable Finance.
Verifiable experience in thematic bond framework development, second party opinion review processes.
Prior experience in local or international capital markets is highly valued.
