Senior Carbon Finance Specialist

The tasks and responsibilities of the selected staff will include, inter alia:

1. Function as a Deal Manager in the Operations Team with responsibility for origination, development, management and supervision of a number of significant carbon finance transactions, in particular in the energy sector including generation, transmission and distribution of energy;

2. Work closely with the Policy and Methodology Team to ensure that carbon finance components of projects meet the international regulatory requirements and eligibility criteria as per the Kyoto Protocol, the European Union Emissions Trading Scheme (ETS), and others, as appropriate, and closely manage external consultants responsible for preparing project documentation for the purpose of international project registration (Project Design Document) and/or for development of new baseline and monitoring methodologies for carbon finance projects.

3. Prepare relevant carbon finance contractual documents, i.e., Letter of Intent (LoI), Emission Reductions Purchase Agreement (ERP), and Operations Plan, together with the legal counsel in LEGCF CF, and negotiate carbon finance documents with project sponsors.

4. Work closely together with Task Team Leaders (TTLs) in regional teams to ensure that carbon finance projects meet World Bank environmental and social safeguards and are in full compliance with relevant Bank policies and procedures.

5. Provide technical guidance to regional coordinators to identify, review and incorporate preferred projects in carbon fund pipelines and the carbon finance work programs of the regions concerned.

6. Contribute actively to the development of regional carbon strategies and tools to ensure that ENVCF will meet its delivery commitments to the carbon funds managed by ENVCF.

7. Implement pricing policy, risk assessment tools, and other operational policies designed to ensure that the agreed targets of the carbon funds in terms of volume, delivery, risk management, timeliness and project diversity will be met.

8. Design, deliver and participate in training and knowledge dissemination activities in carbon finance for Fund participants, Bank staff, and other stakeholders.

9. Report regularly on the status of the carbon finance projects managed by the Deal Manager to relevant Operations Team Leader, Fund Managers and Management Team, and as requested