E T Consultant

Contract

This is a World Bank Group grade: EC3 contract. More about World Bank Group grade: EC3 contracts.

E T Consultant

Description

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

The Global Tourism, Retail and Property (TRP) team at IFC is responsible for delivering investment and advisory programs related to retail, hospitality, commercial and housing real estate players globally. Sustainability and Innovation are key pillars of the TRP team’s growth and value-addition strategy.

The IFC TRP team developed the Greening Real Estate Institutional Portfolios (GRIP) program to support select large real estate asset owners to define and implement portfolio-level decarbonization and /or net zero strategies with clear interim targets. The objective is to move beyond “greening” individual buildings, deepen IFC’s relationships & value-add with clients on their decarbonization journey and to create a pipeline of investments that can be financed by IFC. IFC is currently in the pilot phase for its GRIP program, with 7 engagements with private sector clients across South America, Europe and Asia and plans to extensively growth its GRIP engagements.

Similarly, the team is evaluating different ideas to bring value addition and thought leadership to the broader TRP space through innovation.

IFC is seeking an Extended Term Consultant to serve as the Innovation and Sustainability Lead to be based in Washington, D.C. to:

a) Lead the global roll-out of the GRIP Program; b) Lead TRP’s innovation agenda; and c) Conduct climate risks assessments for IFC’s tourism, retail and real estate investment projects.

Duties and Responsibilities:

1. Lead the ongoing development and roll-out of the GRIP program: • Overall, manage the development and roll-out of the GRIP program across key IFC markets, including support business development, maintain standard pitchbooks, template agreements, presentations, and delivery manuals. • Work with global and regional IFC teams, to identify high priority clients, prepare tailored proposals and legal agreements to expand GRIP program. • Continue to grow and evolve IFC’s GRIP offering to maintain its cutting edge in the market

2. Lead TRP’s innovation agenda: Lead the team’s innovation and thought leadership agenda by developing new investment and advisory offerings including leading the development of IFC’s Principles of Responsible Tourism.

3. Support climate risk assessment for IFC investment projects: • Engage with projects teams to carry out Paris Alignment assessments in collaboration with Climate Business Department and TRP Industry Specialists at IFC. • Develop Tourism, Retail, and Property specific Paris Alignment case studies, sectoral guidance notes, and questionnaires as needed. • In collaboration with Climate Business Department, monitor Paris Alignment assessments to identify best practices and lessons learned.

IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record $43 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

The Global Tourism, Retail and Property (TRP) team at IFC is responsible for delivering investment and advisory programs related to retail, hospitality, commercial and housing real estate players globally. Sustainability and Innovation are key pillars of the TRP team’s growth and value-addition strategy.

The IFC TRP team developed the Greening Real Estate Institutional Portfolios (GRIP) program to support select large real estate asset owners to define and implement portfolio-level decarbonization and /or net zero strategies with clear interim targets. The objective is to move beyond “greening” individual buildings, deepen IFC’s relationships & value-add with clients on their decarbonization journey and to create a pipeline of investments that can be financed by IFC. IFC is currently in the pilot phase for its GRIP program, with 7 engagements with private sector clients across South America, Europe and Asia and plans to extensively growth its GRIP engagements.

Similarly, the team is evaluating different ideas to bring value addition and thought leadership to the broader TRP space through innovation.

IFC is seeking an Extended Term Consultant to serve as the Innovation and Sustainability Lead to be based in Washington, D.C. to:

a) Lead the global roll-out of the GRIP Program; b) Lead TRP’s innovation agenda; and c) Conduct climate risks assessments for IFC’s tourism, retail and real estate investment projects.

Duties and Responsibilities:

1. Lead the ongoing development and roll-out of the GRIP program: • Overall, manage the development and roll-out of the GRIP program across key IFC markets, including support business development, maintain standard pitchbooks, template agreements, presentations, and delivery manuals. • Work with global and regional IFC teams, to identify high priority clients, prepare tailored proposals and legal agreements to expand GRIP program. • Continue to grow and evolve IFC’s GRIP offering to maintain its cutting edge in the market

2. Lead TRP’s innovation agenda: Lead the team’s innovation and thought leadership agenda by developing new investment and advisory offerings including leading the development of IFC’s Principles of Responsible Tourism.

3. Support climate risk assessment for IFC investment projects: • Engage with projects teams to carry out Paris Alignment assessments in collaboration with Climate Business Department and TRP Industry Specialists at IFC. • Develop Tourism, Retail, and Property specific Paris Alignment case studies, sectoral guidance notes, and questionnaires as needed. • In collaboration with Climate Business Department, monitor Paris Alignment assessments to identify best practices and lessons learned.

Selection Criteria

• Master’s degree in a related field (e.g. real estate, sustainability business management etc.) • At least 8 years of experience in advising private sector or working with large real estate portfolio clients in emerging markets on their ESG strategies, specifically on climate strategies a strong plus. • A good understanding of green building, resilience and adaptation certifications and systems is required. • Direct, “hands-on” experience in climate change decarbonization technologies, green buildings, net zero transitions, decarbonization strategies and international standards/frameworks in the real estate sectors. • Strong business sense with ability to (a) judge what motivates private sector strategic and investment priorities and implementation decisions and where to focus IFC resources to deliver results and impact through innovation; and (b) advance IFC’s thought leadership. • Understanding of green finance tools such as green loans, sustainability linked loans and etc. is a plus. • Motivated and entrepreneurial self starter. • Ability to work effectively in teams and build bridges across organizational boundaries. • Knowledge of IFC mission, products and services is a plus. • Travel internationally as needed.

• Master’s degree in a related field (e.g. real estate, sustainability business management etc.) • At least 8 years of experience in advising private sector or working with large real estate portfolio clients in emerging markets on their ESG strategies, specifically on climate strategies a strong plus. • A good understanding of green building, resilience and adaptation certifications and systems is required. • Direct, “hands-on” experience in climate change decarbonization technologies, green buildings, net zero transitions, decarbonization strategies and international standards/frameworks in the real estate sectors. • Strong business sense with ability to (a) judge what motivates private sector strategic and investment priorities and implementation decisions and where to focus IFC resources to deliver results and impact through innovation; and (b) advance IFC’s thought leadership. • Understanding of green finance tools such as green loans, sustainability linked loans and etc. is a plus. • Motivated and entrepreneurial self starter. • Ability to work effectively in teams and build bridges across organizational boundaries. • Knowledge of IFC mission, products and services is a plus. • Travel internationally as needed.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.