Carbon Market Readiness Consultant

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Location: Remote (Remote), KR

Company: Green Climate Fund

Background

The Green Climate Fund is the world's largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. The GCF has a portfolio of 360 projects across 134 countries, with a total commitment of USD 20.5 billion to date.

In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from ; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact.

Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world's largest dedicated multilateral climate fund to heart. GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities.

Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channelling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people.

GCF is seeking a motivated individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges, who is committed to making a positive, measurable difference through a mission-driven role and thrives in a fast-paced, diverse environment.

Objective

Carbon markets are increasingly relevant to how developing countries implement their Nationally Determined Contributions (NDCs), mobilize climate finance and create incentives for low-carbon investment. However, countries differ significantly in their policy objectives, institutional capacity, market maturity and intended use of domestic and international carbon markets. Effective GCF support therefore needs to be country-driven and adaptable, while drawing on common institutional, policy, technical and market building blocks that can be applied across different carbon-market contexts.

The assignment will support GCF in developing a strategic carbon market Readiness approach that moves beyond stand-alone capacity-building activities towards a coherent pathway from country diagnostics and strategy, through strengthened enabling environments and institutional capacity, to pipeline development and investment mobilization. The approach should enable countries to determine whether, where and how domestic carbon-pricing instruments, Article 6 mechanisms and voluntary carbon markets can support NDC implementation, long-term climate strategies and national climate-investment priorities.

It should also identify how GCF Readiness can contribute to paradigm shift through institutional and policy change, market development, replication and scaling, and mobilization of…