Expert.e en ingénierie et structuration financière de projets d’adaptation
Organizational Context
The United Nations Environment Programme (UNEP) is the leading global environmental authority. UNEP supports member states in integrating climate and environmental issues into their macroeconomic and budgetary planning. The NDC Act & Invest project, funded by Germany's International Climate Initiative, assists developing countries in creating ambitious, achievable, and investable Nationally Determined Contributions (NDCs) aligned with the Paris Agreement. This role supports Morocco's efforts to align its climate ambition with public resources.
Job Purpose
This role serves as an Expert in Financial Engineering and Project Structuring for adaptation projects within Morocco's Nationally Determined Contributions (NDCs) 3.0 framework. The primary purpose is to develop robust financial arrangements and investor-ready project pipelines for agriculture, forest, and water sectors. This involves translating technical project data into compelling financial models and investor briefs, ensuring projects meet bankability criteria and attract necessary public and private funding. The expert will work under the technical supervision of the Team Leader, collaborating with sector experts and engaging with ministries, development partners, and financial institutions to mobilize resources for climate action and achieve Morocco's climate commitments.
Responsibilities
The Expert will be responsible for defining a common financial structuring methodology, including instrument typologies, financial assumptions, cost of capital, and target capital structure. This includes developing bankability indicators and eligibility criteria for climate funds, considering environmental and social safeguards. The role involves supporting sector experts in financial data input for pre-investment sheets and logical frameworks, ensuring common assumptions for costing and gap analysis. A key responsibility is conducting bankability assessments, financial modeling, and structuring for 2-3 priority adaptation projects per sector, preparing them to an 'investment-ready' stage. This includes developing investor briefs, mapping funding sources, and creating a financial mobilization plan. The expert will also engage in dialogues with donors and investors, ensuring alignment with common methodologies and reporting requirements.
Work Experience
A minimum of 12 years of professional experience in climate finance, financial engineering, structuring adaptation projects, financial arrangement, or development finance is required. At least 10 years of specific experience in structuring bankable projects, blended finance, de-risking mechanisms, guarantees, PPPs, concessional instruments, and green bonds is necessary. Proven experience in financing models specific to agriculture, forest, and water sectors is also required. Experience in Morocco or comparable contexts is a significant asset.
Skills
Financial modeling, cost-benefit analysis, bankability analysis, blended finance, de-risking mechanisms, guarantees, PPPs, concessional instruments, green bonds, climate finance, project structuring, financial engineering, investor engagement, understanding of budgetary/economic/fiscal frameworks, ability to translate technical data into financial terms, teamwork, synthesis of complex recommendations, proficiency in MS Office (advanced Excel).