Program Head, Green Growth Finance – Global Green Growth Institute

The Global Green Growth Institute (GGGI) is an international organization dedicated to green growth. Headquartered in Seoul, it is a new, hybrid international organization – interdisciplinary, multistakeholder and driven by the priorities of emerging and developing economies – established by an initial group of eighteen governments pursuant to a treaty signed at the United Nations Rio+20 Conference in June 2012. 
GGGI is dedicated to helping governments and industry pioneer and diffuse a new model of economic growth, green growth, that integrates ambitions for strong economic and environmental performance to achievepoverty reduction, job creation and social inclusion, as well as climate change mitigation and adaptation, addressing biodiversity loss and resource security. GGGI’s approach is particularly suited to developing countries as we believe growth is an essential ingredient in economic and human development. GGGI’s theory of change leads it to focus on three major outcomes: (1) adoption and implementation of rigorous green growth plans based on strong analytics that form the core of national and provincial economic development strategies in emerging and developing economies; (2) research which builds a strong theoretical and empirical basis for green growth, while providing concrete options and guidance for policymakers; and (3) public-private partnerships that enable the scaling of resource-efficient investment, innovation and practice in key industry sectors as well as the engagement of companies in the implementation of national and 
subnational green growth plans.
Applied research projects will involve selecting critical areas of applied research relevant to green growth financing and investment planning, defining the research approach, finding suitable research partners (where relevant), conducting and/or overseeing research activities, writing up findings in publishable form, and disseminating the work in international forums. The key aims of this research work include:
  • Determine best-practice in green growth investment planning and financing, distilling lessons learned from recent experience, and promoting practical way to improve the flow and utilization of funding.
  • Identify new models with large potential to accelerate green growth investment. This could adopt models found to be effective in more traditional investment classes, and/or invent and develop new ideas.
  • Assessing the opportunities for international financing mechanisms (e.g. the Green Climate Fund), and developing recommendations for the (improved) structuring of such mechanisms.
Support to country-based green growth planning projects will involve the provision of guidance and oversight to in-country GGGI teams, which bear responsibility for green growth planning and implementation support. This encompasses the engagement of senior policy makers in selected countries; assessing their green growth investment needs, existing investment-financing activities and available sources of finance; co-developing investment plans (based on green growth implementation plans); designing suitable financing instruments; and involving private sector financial institutions as potential participants. This role will also work closely with the Public-Private Cooperation (PPC) team, focused on setting up specific scalable models of public-private cooperation in key areas of green growth implementation. Candidate countries for this work would come from GGGI’s current portfolio of work in Asia, Latin America, Middle East and Africa.
Creating and engaging a global network of financial sector stakeholders will involve developing and maintaining collaborative relationships with key financial sector stakeholders, and establishing one or more financial sector advisory and partner groups both globally and in key countries of GGGI activity. This network (or networks) will serve as a source of input, a channel for dissemination, and a basis for partnership building. Networks could be built in partnership with existing activities (e.g. the Green Growth Action Alliance, the WBCSD, and/or local industry groups). Engagement should span the financial sector private investment banks and asset managers, as well as development banks and sovereign wealth funds. An additional network opportunity might exist across senior officials from partner Finance Ministries.

  • Excellent understanding of investment and business planning from the private sector perspective, including broad familiarity with corporate finance (e.g. cash-flow modelling, estimation of return on investment and NPV of investment, etc.).
  • Excellent understanding of private sector financing instruments, public and international financing instruments, and the inter linkages between them, for example, carbon finance, payment for eco-system services, public sector investment guarantees, etc.
  • Ability to assimilate the return on investment requirements of the private sector, with the “social return” requirements of public sector support programs. Based on this information, the ability to identify specific focus areas for policy intervention. 
  • Ability to design public sector interventions with the dual purpose of promoting sustainability and other social goals while ensuring maximum scalability through private sector participation. 
  • Exemplary and relevant academic credentials, including post-graduate degrees in economics, finance, business, or other relevant discipline.
  • At least 6 years’ professional experience in areas such as business or financial consulting, development finance, infrastructure finance, carbon finance, etc.. Ideally working along the nexus of private sector investment and public sector policy.
  • Project delivery experience, i.e., managing the delivery of results on time and on budget.
  • Work experience in developing countries with a highly regarded private sector company (consulting or industry), international organization, government or not-for-profit organisation.
  • A demonstrable passion for environmental, social and economic sustainability.
  • Experience managing multiple and multi-cultural teams, working effectively across teams, and handling complex multi-stakeholder relationships in a highly international environment.

Open until filled (Candidates will be interviewed on a rolling procedure as qualified candidates apply. The position will be filled as soon as a suitable candidate is found)
  • Interested candidates should apply to:
  • Including the position number (Position Number: GGGI-HR_13-705) in subject line is a MUST.
Start Date: July 2013

Read more about the position here.