Associate Professional - IRENA Facility and Finance

International Renewable Energy Agency (IRENA)
  • Location
    Abu Dhabi, United Arab Emirates
  • Sector
    Non Profit
  • Experience
    Early Career
  • Apply by
    Aug-04-2019
  • Posted
    Jul 22

Position description

Vacancy Announcement

Secretariat of the International Renewable Energy Agency (IRENA)

Strategic Management and Executive Direction (SMED) Division

 

Publication/Transmission Date:    21 July 2019

Deadline For Application:               4 August 2019 (at midnight, Abu Dhabi Local Time)

Title and Grade:                               Associate Professional – IRENA Facility and Finance

Indicative Annual Salary:                USD 36,000 to 54,000 and other benefits[1]

Duration of Appointment:               One year, with possible extension

Duty Station:                                    Abu Dhabi, United Arab Emirates                     

Date for Entry on Duty:                  As soon as possible

 

Background

The International Renewable Energy Agency (IRENA) is an inter-governmental organisation headquartered in Abu Dhabi, mandated to promote the widespread and increased adoption and sustainable use of all forms of renewable energy in the pursuit of sustainable development, energy access, energy security and low-carbon economic growth and prosperity. IRENA’s mission is to play a leading role in the ongoing transformation of the global energy systems as a centre of excellence for knowledge and innovation, a global voice of renewable energy, a network hub for all stakeholders and a source of advice and support for countries.  At present, IRENA has 160 Members (159 States and the European Union) that acceded to its Statute, and 23 additional States in the process of accession and actively engaged.

Within this mandate, IRENA has worked on enabling finance for renewable energy projects in developing countries. A particular practical area of its work has been the selection and support of renewable energy projects in developing countries for concessional funding by the Abu Dhabi Fund for Development (ADFD). The partnership between IRENA and the ADFD is the IRENA/ADFD project Facility which involves a commitment of USD 350 million in concessional co-funding loans from ADFD over seven annual project selection cycles to promising renewable energy projects in developing countries that are recommended by IRENA. 

The Facility has received over 600 proposals in seven cycles. This amounts to USD 5.9 billion in loans requested from ADFD, USD 20.7 billion in total project costs i.e. USD 14.8 million coming from other funding sources. Six cycles have been fully implemented with 24 projects selected by the ADFD for funding. More than USD 245 million in loans from the ADFD have been allocated to these projects with total project costs of USD 690 million i.e. USD 450 million coming from other sources including governments, the private sector and regional development funds.  

For the current seventh cycle, 95 project summaries have been received as of the end of February 2019 with 62 projects shortlisted by 22 experts on the Panel followed by a selection of 40 by the Committee to submit a full proposal. Full proposals were received by the IRENA Secretariat by the end of June 2019 for the evaluation by the Panel of Experts in July and August and the Committee in September 2019. The aim is to ensure that over USD 100 million worth of projects are recommended to ADFD by early October 2019. The results of the seventh cycle process will be announced in January 2020 at the 10th Assembly of IRENA.

As per (A/8/4) Work Programme that covers 2019, IRENA will engage with other financing institutions to develop the potential for tailored funding facilities or partnership arrangements. As per the input from members on the WPB 2020-2021, IRENA needs to build on the work of the Facility and explore partnerships with other institutions. IRENA must also continue its monitoring and tracking work with the ADFD on the projects selected and share the learning with the membership. The medium-term strategy of IRENA (A/8/11) states one of the strategic objectives of IRENA to provide an inclusive platform for all stakeholders to foster action, convergence of efforts and knowledge sharing for impact on the ground. 

Under the direct supervision of the manager of IRENA’s project facility and finance work, the Associate Professional will carry out the following duties and responsibilities:

 

1.   Stakeholder Engagement

·    Providing guidance to project applicants/IRENA members on the selection and evaluation process;

·    Communicating with other divisions for outreach to appropriate stakeholders and for technical and financial support to shortlisted projects; 

·    Organising and delivering outreach events and stakeholder engagement during IRENA and partner events for example; IRENA Council and Assembly meetings, Abu Dhabi Sustainability Week and other regional meetings. 

2.   Project Work 

·    Screening of submitted applications for completeness;

·    Analysing how the quality of projects can be improved through communications with applicants and experts. Collating lessons learnt through analysis of expert comments on the projects;

·    Researching the project selection methods used by other development institutions, including how development indicators are captured; 

·    Reporting on the selected projects and supporting project onsite appraisals where necessary;

·    Organising and presenting data on projects in all cycles, including updates to the IRENA/ADFD public website.

3.   Communications and Organisation

·    Improving online systems to better facilitate the selection process and the pursuit of co-funding;

·    Supporting reporting and monitoring of the impact of projects including onsite documentary filming;

·    Managing the updating of facility publications including translations, graphic design and layout; 

·    Organising webinars for applicants, experts and advisory committee as necessary;

·    Presenting updates on the selection process and facilitating internal communication. 

 

Competencies

Professionalism: Demonstrates ability to work well with a team. Shows pride in work and in achievements; is conscientious and efficient in meeting commitments, observes deadlines and achieves results; is motivated by professional rather than personal concerns; shows persistence when faced with difficult problems or challenges; remains calm in stressful situations.

 

Communication: Speaks and writes clearly and effectively; listens to others, correctly interprets messages from others and responds appropriately; asks questions to clarify and exhibits interest in having two-way communication; tailors language, tone, style and format to match audience; demonstrates openness in sharing information and keeping people informed. Excellent drafting skills and ability to prepare reports that are clear, concise and meaningful.

 

Teamwork: Works collaboratively with colleagues to achieve organizational goals; solicits input by genuinely valuing others' ideas and expertise; is willing to learn from others; places team agenda before personal agenda; supports and acts in accordance with final group decision, even when such decisions may not entirely reflect own position; shares credit for team accomplishments and accepts joint responsibility for team shortcomings

 

Eligibility

Applicants should be no more than 32 years of age at the time of submitting their applications.

 

Qualifications

EducationAdvanced University degree (Master's degree or equivalent) in engineering, economics, energy, international relations or another relevant field. A first-level university degree in combination with qualifying experience may be accepted in lieu of the advanced university degree.

Experience: A minimum of two years of progressively responsible experience in the energy sector, some of which could be at the international level; experience in international cooperation and in dealing with multilateral agencies, networks and forums; strong knowledge of technical and policy aspects regarding renewable energy and knowledge of international development issues is an added value. 

LanguageExcellent command of both written and spoken English and French. Fluency in other languages spoken in developing countries desirable.

Application instructions

Please be sure to indicate that you saw this position on Globaljobs.org

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