Job Description
Team and role overview
Climate change is one of CDC’s key priorities, as articulated in our 2022-2026 corporate strategy and Climate Change Strategy. CDC has also committed to implementing the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Together, these set out an ambitious agenda for contributing towards the objectives of the Paris Agreement.
The Climate Change team sits within CDC’s Impact Group. It is responsible for defining CDC’s climate-related investment strategy and objectives, as well as implementing this strategy at the individual transaction level and across CDC’s portfolio.
Purpose
The Climate Change team is hiring a Manager to work with deal teams on climate financed investments, with a particular focus on decarbonisation of the corporate sector, potential for transition finance, mobilisation of private capital including through deployment of blended finance. The role will require collaborating with teams across the firm to deliver on our climate finance and net zero targets and related impact goals as well as partnering externally for increasing climate finance mobilisation.
CDC’s title structure is Associate, Executive, Manager, Director, and Managing Director. This role will report to Amal-Lee Amin the Managing Director and Head of Climate Change.
Responsibilities
The Climate Change Manager will:
- Work with teams across the Impact and SMART (Services, Manufacturing, Agriculture, Real Estate and Technology) Business group to identify climate finance opportunities for pipeline and portfolio companies, and support relevant market assessments, investment strategies, and innovative use of financial products (particularly through Catalyst, Kinetic and other concessional resource for mobilisation);
- Lead for the climate team on mobilisation of private finance for scaling up financing for decarbonizing sectors across the economy, and work with relevant teams in support of mobilization of private capital, particularly in the more mature India, South Africa and Indo-Pacific markets;
- Coordinate across the climate team on blended finance and lead engagement with the capital solutions team on climate related issues within a centre of excellence on Innovative Finance;
- Engage with internal and external collaborators to build out BII’s capabilities on climate financed investments, capture lessons and ensure learning reinforces future climate finance investment strategies and partnerships, including for transition finance.
The candidate
Background, skills, aptitude
Successful candidates will:
Essential skills
- Have experience of blended finance solutions for innovative climate financed investments, ideally having experience in deploying this for mobilisation of private investment;
- Have fluency of structured finance and demonstrate understanding of the challenges and opportunities for climate financed transactions across relevant sectors, such as food and agriculture, forestry, infrastructure, and manufacturing;
- Demonstrate strong understanding of the role of the private sector in delivering net zero emissions development, and potential role of transition finance and portfolio engagement, including as relates to supporting a just transition for workers and communities;
- Be familiar with initiatives under the Glasgow Finance Alliance for Net Zero, and emerging best practice on tools and methodologies for net zero investing, including as relates to carbon markets;
- Be familiar with climate finance methodologies for tracking and reporting on climate finance and emerging approaches towards Paris Alignment;
- Possess strong attention to detail and ability to communicate complex issues in both spoken and written form.
Desirable skills
- Be familiar with the countries and sectors where CDC operates;
- Be familiar with interactions between capital deployment and efforts to maximise development impact;
- Understand the investment cycle from origination to exit.
- Candidates should be strongly motivated by CDC’s development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.
Our cultural values
We look for team members who aspire, as we do, to work at our best and to be:
- Impact-led, commercially rigorous;
- Tenacious in the face of challenges;
- Collaborative and caring.
CDC is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.
Please provide a cover letter with your application
Salary: Competitive
