Senior Officer, Private Sector Engagement
Senior Officer, Private Sector Engagement
The Rwanda Country program is looking for private sector officer that will be in charge of analyzing and continuously improving the private sector engagement and support framework of the Fund with particular focus on mobilizing and enhancing access to resources targeted for green investments. The postholder will also develop the financing mechanisms that will effectively deliver on the targets of EDPRS II, GGCRS and Vision 2020 that can be driven by effective engagement between the Fund and the Private Sector.
The overarching objective of this assignment is to provide a green investment plan and provide a practical approach towards implementation of the plan for the Fund that will serve as a private sector engagement, green investment and resources mobilization road map for the short term (2017-2018) and medium term (2017-2022) operations. This assignment will focus on aligning FONERWA’s institutional capabilities and the market conditions in Rwanda that facilitate private sector performance with the investment opportunities in national, regional and international climate finance. Arising from this objective are three sub-objectives:
As part of GGGI's Rwanda Country Program, the government and GGGI entered into an agreement in December 2015 to set up a Technical support to the Rwanda Environment and Climate Change Fund (FONERWA) Facility which has in its mandate the pursuit of a green economy. The Fund has in this regard sought to pursue an increased focus in private sector investment as a means to ensuring a green growth path for Rwanda’s burgeoning economy.
The Fund as a multi-funder, multi-sector investment facility has in its designation the tripartite functions of resource mobilization, resource allocation, and results reporting and dissemination. The Fund to date has successfully mobilized resources of more that USD 80 million from various development partners in the form of both financial and non-financial resources. These funds have been invested in the public sector, private sector and in civil society activities related to environment protection and climate change adaptation, mitigation and resilience.
- Identify and map out national and international financial institutions that are interested or are engaged in green investment..
- Development of a strategic investment plan and a clear road map for FONERWA (“FONERWA Private Sector Green Investment Strategic Plan”) that clearly outlines the strategic orientation of the private sector financing, Fund resource needs, investment opportunities and investor outreach plan.
- Support and facilitate stakeholder engagement in the design of a green investment using a mix of evidence based economic and financial tools and instruments.
- Providing guidance to senior management on institutional capabilities required to effectively execute the FONERWA Private Sector Green Investment Plan and the capacity building needs of the Fund and other stakeholders to effectively support private sector green investments in Rwanda.
- Draw from lessons learnt to fast track growth in investments from their current status to addressing investment barriers that provide responsive and proactive approaches and solutions.
- Complete a robust engagement of private sector actors with a view to promoting green investments and the real or potential impact generated through technology transfer and uptake, product offerings; financing needs; and green jobs created
- Carry out a thorough fact-based review of the key demand and supply-side financing constraints or challenges facing the implementation of the FONERWA Private Sector Green Investment offering recommendations and solutions towards overcoming the identified barriers.
- Review of the linkages between the Fund and relevant stakeholders and how these can be leveraged to ensure greater attractiveness to Climate investments
- Carry out an assessment of current institutional, financial, technical and environmental issues that require consideration in fostering the optimal roll out of green investments and mobilizing climate resources into the private sector;
- Identify and develop approaches to attract investments to FONERWA through support to design of instruments and financing mechanisms with particular focus to private sector promotion;
- Develop a thorough evidence based analysis of on-ground appetite for investing in green businesses with a particular attention on the regulatory, economic, and market environments and barriers and constraints attendant to the sector of environment and climate change;
- Provide mapping of international climate finance architecture and opportunities that provide support and facilitation of effective resource mobilization approaches that have been tried and tested within the broad investment landscape;
- Facilitate in designing of appropriate financial instruments that would increase the Fund’s role for enhancing potential investments using as an entry point the review of current FONERWA financial instruments;
- Assess current FONERWA institutional capabilities to inform and support measures for continuous strengthening of the fund in relation to those required by private sector oriented climate investment funders for purposes of maintaining the Fund’s positioning as Rwanda’s primary green investment climate facility;
- Evaluate specific capacity building needs within the Fund and in the private sector and identify and ensure management of resources that will lead to more effective and efficient resource mobilization, resource allocation, resource utilization and reporting and dissemination of results.
- A minimum of 7 years of relevant professional experience in the areas of private sector investment of Environment and Climate change projects.
- Demonstrated experience in providing support to private sector engagement and promotion of private and public sector partnerships
- Experience in design and implementation of financial instruments geared towards investment in the private sector with climate finance instrument design and implementation being an added advantage
- Possesses a broad knowledge and understanding of environment and climate issues in general and finance in particular at both national and global levels.
- Demonstrated experience in strategic thinking, preparing reports, including the types of analysis specific to the objectives and scope of this position.
- Demonstrated ability to represent organizations to government officials and development and implementation of a strategy
- Demonstrated team management experience in multicultural setting
- Demonstrated capacity in facilitating in-depth and effective stakeholder dialogues while maintaining a strong sense of realism with regard to country conditions.
- Demonstrated ability to convincingly build business cases for private sector and garner support from a diverse range of stakeholders to ensure local ownership of the various analytical results of investment assessments
- Outstanding interpersonal and stakeholder engagement skills, and consensus building skills, able to foster strong relationships with key private sector actors, financial institutions and responsive to government needs
- Flexibility, responsiveness, and ability to manage multiple activities to tight deadlines, and with demonstrated ability to lead and work in multidisciplinary teams;
- Strong oral and written English
- Ability to work independently with minimal supervision.
- Experience of working in an international organization or firm is a benefit although not essential
- Wide understanding of environmental and climate change issues.
- Organization: Global Green Growth Institute
- Location: Kigali
- Grade: Mid/Senior
- Closing Date: 2017-04-23