| Role: | Accelerated Financing Mechanism (AFM) Consultant |
| Function: | Contributing to Aroha/FFC’s AFM program by contributing to the foundation of making AFM implementation- and incubation-ready |
| Principal Program: | Financing & Implementation |
| Start Date: | 01 April 2023 |
| Duration: | 12 months following trial period with possibility for renewal |
| Compensation/Benefits: | Up to 115 days at $1,000 per day |
| Occupation Rate: | Up to 20 days per month (with monthly flexibility) |
| Supervisor | Senior Manager, Financing & Implementation |
| Contract Type: | International Consultancy |
Organizational Context
Aroha was established with its seat in Geneva in 2017 as an independent, international non-profit organization operating worldwide. Aroha aims to avert climate chaos by mobilizing actions towards limiting global warming to 1.5ºC, enhancing protection of vulnerable communities and ecosystems, and maximizing benefits of the transition to a climate resilient future. Towards these objectives, Aroha operates in partnership with public and private entities across four principal work domains:
- Policy Shift: Contributing to the development of policies to ensure action consistent with averting climate chaos
- Financing and Implementation: Contributing to the effective financing and supporting the implementation of actions to avert climate chaos, including through the work of the Financial Futures Center (FFC), hosted at Aroha
- Communications and Partnerships: Contributing to awareness and understanding and developing and sustaining partnerships vital to averting climate chaos
- Administration: Supporting Aroha’s programs in the policy, financing and implementation, and communications and partnerships domains with effective internal finance and administration systems
The Financial Futures Center, which is hosted in Aroha, aims to support developing country governments, civil society/development partners, and the investment community with different types of economic and financial climate risk-based analysis and data to support informed decision-making on investment and technological pathways to achieve maximal resilience and high shares of renewable energy.
Position Purpose
The AFM Consultant will support the work and fulfilment of the mission of Aroha/FFC, as well as the Financing and Implementation work domain.
The AFM Consultant will specifically contribute to a range of tasks and responsibilities related to Aroha/FFC’s Accelerated Financing Mechanism (AFM) program by acting as the in-country liaison for CPP development and implementation.
Aroha/FFC aims to recruit 2 consultants to collaborate in delivering duties assigned in this TOR.
Reporting Relationships
The role’s report is to the Senior Manager, Financing & Implementation/Director of the Financial Futures Center.
Duties and Responsibilities
As detailed below, the AFM Consultant will focus on contributing to Aroha/FFC’s activities by performing the following core duties:
- Update and refine the AFM concept paper, especially on the design and implementation of the AFM, such that the AFM will be incubation-ready, while taking into account V20 inputs;
- Present research on partnerships to identify key support and co-financing partnerships, taking into account V20 inputs;
- Develop a comprehensive draft operating and governance models for the AFM, taking into account V20 inputs;
- Organize two workshops on various related topics (TBD) for the Financial Futures Center and the V20 Secretariat, Board, and Members, in order to socialize the AFM design amongst relevant constituencies;
- Conduct research on availability and applications of sovereign donor funds and inform next steps on these potential capital contributions to the AFM
- Conduct research on the availability and applications of risk guarantees and inform next steps to mobilize greater guarantee capacity in support of AFM.
- Liaison and interface of the AFM with the Global Shield against Climate Risks and CVF/V20 Joint Multi Donor Fund.
Other financing and implementation tasks and responsibilities may come up as directed by the Supervisor according to Aroha/FFC program needs.
All Aroha/FFC consultants will be expected to contribute, from time to time, to responsibilities and duties outside of their core functions during specific phases of work where major events and activities demand contributions of all or much of the organization’s consultants.
Profile
Education
Holder of a master’s degree or equivalent (advanced degree) in Sustainable Finance, Economics or related fields.
Experience
Over 15 years of previous relevant professional work experience and a demonstrated interest in sustainable development, climate change, sustainable finance and/or environmental protection policy projects. Experience engaging with multilateral development banks is a distinct asset.
Competencies, Skills & Languages
- Update and refine the AFM concept paper, especially on the design and implementation of the AFM, such that the AFM will be incubation-ready, while taking into account V20 inputs;
- Present research on partnerships to identify key support and co-financing partnerships, taking into account V20 inputs;
- Develop a comprehensive draft operating and governance models for the AFM, taking into account V20 inputs;
- Organize two workshops on various related topics (TBD) for the Financial Futures Center and the V20 Secretariat, Board, and Members, in order to socialize the AFM design amongst relevant constituencies;
- Conduct research on availability and applications of sovereign donor funds and inform next steps on these potential capital contributions to the AFM
- Conduct research on the availability and applications of risk guarantees and inform next steps to mobilize greater guarantee capacity in support of AFM.
- Liaison and interface of the AFM with the Global Shield against Climate Risks and CVF/V20 Joint Multi Donor Fund.
Other
Contract Duration
The initial contract duration stated in the Summary section may be subject to extension, although any extension is dependent on work performance, program needs, available finance and other factors.
Working Hours & Modalities
The daily fees for the Assignment is set at: US Dollars (USD) 1000 per day and a maximum 20 days per month on an output-based arrangement.
The AFM Consultant is expected to work during Aroha core business hours of 10am – 4pm (local time).
Compensation
An industry-competitive remuneration at international rates will be provided based on the candidate’s experience and working location.
How to Apply
- Contact : [email protected]; [email protected]
- Include a resume (CV) and cover note explaining your interest and motivation for this post. Please send your documents under the following file name: CV_Lastname.pdf
- CoverLetter_Lastname.pdf
- Indicate any flexibility or constraints with respect to the start date
Only applicants selected for an interview will be contacted. References and copies of university degrees/vocational certificates may be requested.
We respect and value your privacy. All submitted information collected are for the sole purpose of consultancy appointment at Aroha. It will be seen only by Aroha’s personnel responsible for processing your application and will not be forwarded to any third parties.
