Private Sector Facility Intern
Duration: 6 months
Starting date: 3 July 2023
Location: Songdo, Incheon City, Republic of Korea
Remuneration: US$ 1,300/month
The mission of the Green Climate Fund is to assist developing countries to respond to climate change while bringing prosperity to their people. Established in 2010, the GCF invests in transformational climate projects in the developing world. The Fund makes an ambitious contribution to global climate action and channels significant financial resources into developing countries to help build low-emission and climate-resilient societies. It is country-driven and undertakes actions that reflect the circumstances of each country concerned and its national aspirations. The GCF is a key enabler of the 2015 Paris Agreement on Climate Change. Since its establishment, the GCF has approved 190 projects in 123 countries and has committed USD 10 billion in climate finance. In addition, it has built up an extensive program to support developing countries to identify their needs, in particular, those who are most vulnerable to climate change impacts. The GCF’s diverse workforce is advancing its mission from its headquarters in South Korea. Our talented staff makes unique contributions to the Fund, enriching the institution through their combined expertise and professional commitment.
The Intern will provide operational and administrative support to the Private Sector Facility (PSF). S/he will have the opportunity to learn and expand her/his experiences by providing assistance in the appraisal of private sector focused climate investments and grant proposals for GCF through Funding Proposals, Concept Notes and Readiness Proposals. The intern may also assist with operational activities such as coordinating the GCF Private Investment for Climate Conference (GPIC).
Under the overall guidance of the designated primary and alternate supervisors within the Private Sector Facility, the Intern is expected to:
Assess Concept Notes submitted by GCF’s Accredited Entities for climate impact and financial structuring.
Review Funding Proposals for climate investments in developing countries submitted by GCF’s Accredited Entities, write assessments, and coordinate the internal review process.
Assess Readiness proposals that provide technical assistance to public and private sector actors.
Assist with operational activities such as coordinating the GCF Private Investment for Climate Conference (GPIC).
Requirements and qualifications
Enrolled in Master’s program in business, finance, climate change, sustainability or related fields;
Knowledge and experience with investments, financial institutions and/or climate change issues.
Good understanding and experience in operations of international organization is an added advantage;
Proficiency in using standard software programs: MS Word, Excel, PowerPoint, Outlook, and Access;
Excellent writing and presentation skills;
Fluency in English is essential; knowledge of another United Nations language, in particular French and Spanish, and/or Portuguese is an advantage.
*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. The above criteria should be seen as indicators of the experience and skills that would qualify candidates for consideration. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references.
Applications from women and nationals from developing countries are strongly encouraged to apply.
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