HQ: CARBON NEUTRALITY BLENDED FINANCE FACILITY (CNBFF) PROJECT SUPPORT INTERN

INTRODUCTION TO GGGI

The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page. 

The Global Green Growth Institute internship program provides a unique learning opportunity for students and recent graduates from diverse academic backgrounds. The program is designed for talented and motivated individuals skilled in areas relevant to GGGI’s operations. The program allows selected candidates to gain insight into the work of the Institute and provides assistance and training in various professional fields in a multicultural environment. We encourage qualified women and men, in particular, nationals of developing countries, with diverse professional, academic, and cultural backgrounds to apply. 

 

CURRENT OPPORTUNITY

GGGI’s Green Investment Services (GIS) Global Practice is dedicated to supporting our Member and Partner countries in mobilizing the green finance needed to meet their Nationally Determined Contributions (NDCs) and green growth targets.

To further this mission, we are establishing the Carbon Neutrality Blended Finance Facility (CNBFF), an initiative designed to overcome private investment barriers and support high GHG emission reduction projects in developing and emerging markets. The CNBFF aims to attract both public and private investors by providing a blend of concessional financing and anchor funding from multilateral climate windows.

We are seeking an enthusiastic and motivated intern to join our GIS team and support the preparation and implementation of the CNBFF project.

The assignment will include the followings but not limited to:

• Support in analyzing financial, environmental, and social impact data to identify trends, gaps, and opportunities for structuring and managing the CNBFF.
• Support in conducting market research and analysis by identifying and profiling potential investors (e.g., financial institutions, pension funds, insurance funds)
• Research relevant regulations and compliance requirements for equity-based financing in target markets.
• Assist in researching and developing investment-ready green infrastructure projects and other high GHG emission reduction projects.
• Assist in scheduling and organizing meetings related to the project.
• Creating reports, presentations or briefing documents for project preparation.
• Perform other duties as assigned by the leadership

 

ELIGIBILITY                                      

 Applicants to the GGGI internship program must at the time of application meet the following requirements:

• Be enrolled in Master’s or PhD program prior to internship assignment, or a recent graduate within the last 12 months.
• Be engaged or recently engaged in academic study in a field directly related to the Institute’s work.
• Possess an excellent command of English.

 

QUALIFICATION

• Master or PHD degree in Finance, Economics and Business Administration
• (Preferred Fields of Study):Financial Analysis, Investment Management, Climate Finance
• Ability to conduct market research and data analysis

  

SELECTION PROCESS

• Applications submitted after the deadline will not be considered.
• GGGI evaluates applications based on: eligibility requirements, relevance of academic study and work experience (if any); and the level of interest and motivation to contribute to development work.
• Due to high volume of applications, only shortlisted candidates will be contacted.

  

TEMRS AND CONDITIONS

Duration: The internship program is for at least three months and up to six months. Once selected, interns must begin your internship either prior to or within 12 months of graduation. 

Stipend: GGGI interns receive a monthly stipend of USD $500 per month (unless agreed to be funded by sponsoring institutions). All costs related to travel, insurance, accommodation, and living expenses must be borne by either the interns themselves or sponsoring institutions.  

Visa: GGGI will provide a supporting letter for visa. Interns will be responsible for obtaining and financing the necessary visas.  

Travel: Intern will arrange and finance their travel to the internship location.  

Medical Insurance: Interns must present proof of valid medical insurance to GGGI upon returning the signed internship contract.

Confidentiality: Interns must keep confidential any and all unpublished information obtained during the course of the internship and may not publish any documents based on such information.  

Academic Credit: Interns may get academic credit from their institution of higher education for the internship. Interns need to check with their university to confirm their academic credit policy for internships.  

Working Hours: interns are expected to work during normal working hours. Leave should be pre-approved by the Intern Manager, and the latter should inform the Office of HR accordingly.

Learning Outcomes: before completion of the internship, Intern Managers are expected to review the learning outcomes with the intern.

Certificate: provided upon successful completion of the internship, upon request.

 

Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.