Sustainable Finance Officer

The primary purpose of this position is to provide technical and analytical expertise to strengthen institutional readiness for climate finance mobilization and implementation. The Officer will be critical in supporting the Ministry in creating sustainable investment funds. This includes assisting in preparing bankable projects and concept notes of green and blue projects. Additionally, the Officer will coordinate initiatives to enhance sustainable resource management practices and cleaner production strategies, aligning investments with national priorities and international sustainability standards. The role will leverage data-driven methodologies to evaluate and optimize project impacts while enabling the design of innovative financing mechanisms to support low-carbon development.

Engagement:

The SFO will:

• Directly report to the Dominican Republic Program Manager.
• Work closely with officials within the Climate Change and Sustainability area of the MMARN.
• Work with the Public Finance Officer, Sustainable Finance Offer, and other administrative and reporting positions within GGGI.
• Work closely with national institutions, particularly the Ministry of Environment and Natural Resources, redesign operational plans and organizational structure, develop Environmental, Social and Governance (ESG) KPIs, support the development of bankable investment green projects and improve institutional capacity.
• Collaboration with other public institutions (e. g. Ministry of Finance, Ministry of Economy, Planning and Development, Central Bank) and international organizations.
• Engage with GGGI Headquarters and regional offices, ensuring alignment with global best practices and donor priorities.
• Engage with private-sector actors and industry stakeholders to promote sustainable financing instruments, cleaner production practices, and resource-efficient technologies.
• Communicate effectively with project teams, stakeholders, and donors to support seamless project execution and compliance with GCF standards.

Delivery:

The SFO will act as the team’s expert, enabling and supporting the integration of environmental, social and climate change considerations in public finance plans, processes and instruments within the Ministry of Environment and Natural Resources and, when required, other public institutions. The Officer will contribute his/her knowledge of public finance processes, instruments and policies to support the successful delivery of a broad set of sustainable development interventions, including:

• Support the Dominican Republic’s government in the allocation of green bond proceeds and the impact and allocation report of the 2024 sovereign green bond issuance.
• Provide technical support for re-designing and transforming climate change and sustainability processes and instruments within the MMARN.
• Actively support the preparation of a high-quality GCF Readiness proposal that incorporates financial modeling, and sustainability assessments to secure funding for priority projects;
• Perform financial, economic, and regulatory analyses to inform project design, feasibility assessments, and decision-making processes in sustainable development and climate topics.
• Develop tools and methodologies to generate and analyze data for measuring investment impacts and supporting evidence-based decision-making; Propose Environmental, Social, and Governance (ESG) key performance indicators within public planning processes and operations.
• Collaborate with internal and external stakeholders to identify gaps in sustainable and green infrastructure projects and conduct gap analyses to address deficiencies.
• Facilitate coordination between ministries to accelerate projects through the investment pipeline and explore opportunities to enhance domestic financing options.
• Provide scientific-based project ideas and programs, ensuring integration of cleaner production principles and sustainable resource efficiency measures.
• Deliver capacity-building activities, including training and workshops, to strengthen institutional capabilities and improve project preparation and implementation.
• Engage with financial regulators to influence finance policy development and decision-making; Identify and structure new investment opportunities to expand the portfolio of sustainable projects, ensuring that conservation efforts are well-defined, measurable, and aligned with national priorities.
• Provide sound technical support to the MMARN for consultations, ensuring compliance with donor requirements and addressing operational challenges during project initiation and implementation.
• Design and promote sustainable production systems and resource-efficient technologies to optimize the use of natural resources and minimize environmental impacts considering the National Climate Finance Strategy framework;
• Develop detailed financial models and conduct feasibility studies to assess project viability and sustainability impacts;
• Any other analytical work to ensure that deliverables are provided on time to support subsequent work and consistent with work plan.
• Assist in preparing funding proposals with clear problem statements, theories of change, and logical frameworks;
• Assist with reviews and comments for feasibility studies;
• Deliver the training or hands-on training approved by the Government.

Requirement Qualifications:

• Must be a national of the Dominican Republic.
• Bachelor’s degree in Finance, Economics, Engineering, Environmental Sciences, or related fields
• Master’s in Economy, Finance, Sustainability or Project Management preferred.
• At least 5 years of professional experience working in the public finance sector, preferably at the Ministry of Finance, Ministry of Economy, Planning and Development, Central Bank, or development agency.
• Proficiency in data analysis tools, including Power BI and Excel, with experience in financial modeling and feasibility assessments (preferably).
• Strong analytical, organizational, and communication skills, with the ability to manage complex projects and multiple stakeholders.
• Experience accessing and structuring finance for climate investment and in organizational strengthening and/or public financial management is a plus.
• Knowledge of and experience in adhering to internationally agreed environmental and social safeguards (ESS) and gender-sensitive design requirements.
• Utilize Power BI and Excel for data visualization, trend analysis, and performance monitoring to support strategic decision-making;
• Fluency in written and spoken English.

Source: https://careers.gggi.org/vacancy/sustainable-finance-officer-579283.html