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Technical Consultancy for an Expert on Carbon Finance

AFOLU - TERMS OF REFERENCE

TECHNICAL CONSULTANCY FOR AN EXPERT ON CARBON FINANCE FOR THE INTERAMERICAN
DEVELOPMENT BANK (IDB) SUSTAINABLE ENERGY AND CLIMATE CHANGE
INITIATIVE (SECCI) TRUST FUND APPOINTEE PROGRAM

I. BACKGROUND
The Sustainable Energy and Climate Change Unit of IDB supports IDB efforts in promoting
sustainable energy and activities addressing climate change in the Latin American region. The
Unit provides both technical cooperation support as well as financial support through various
activities: design of financing of climate change adaptation and mitigation projects, including
enhancement of use of carbon markets, guarantees, debt and equity products; analytical advisory
support services; project preparation support; risk management instruments; mainstreaming
climate change across its portfolio, and capacity building.
Emissions from land-use change constitute over 46% of the overall GHG emissions of the Latin
America and Caribbean (LAC) region, this makes emissions mitigation in the Agriculture,
Forestry, and Other Land Use (AFOLU) sector a priority in the region. One of the main aims of
the Unit is to support LAC countries in developing and implementing national climate change
mitigation policies, planning and initiatives. It is internationally recognized that national efforts of
countries to mitigate climate change will have to be significantly scaled up and that for this
investment and financial flows plans and the capacity of developing countries will need to be
enhanced to shift development paths to a lower GHG emissions and climate resilient economy to
achieve sustainable development.
Carbon finance is already playing an important role in stimulating shifts in investment and
finance in key economic sectors towards climate friendly activities. International negotiations on
climate change and a number of recent initiatives have been promoting financing mechanisms for
the reduction of deforestation and land degradation (REDD) and other mitigation options in the
AFOLU sector such as sustainable forestry and agriculture management (REDD+). Latin
America has a large potential for mitigation particularly in the AFOLU sector. Although the
region has been very active in the carbon markets, its participation in it is relatively small
compared to regions such as Asia.
In order to effectively participate and benefit from opportunities from this changing, new and
complex process, public and private sector in developing countries will require increased capacity
development and support. The IDB is committed in supporting mitigation actions and the
expansion of carbon markets for AFOLU in the Latin America and Caribbean region and in its
operations and is planning to enhance its carbon finance team in INE/ECC for this purpose.
II. OBJECTIVE
INE/ECC is expanding its programme of technical support in carbon finance and climate change
mitigation to private and public clients of the bank, in particular to promote access to carbon
finance to support AFOLU activities. A Carbon Finance Officer with particular expertise on
forestry is required to manage many activities related to this enhanced support. In addition to
technical skills, it will be critical that the officer has good understanding of mitigation policy
related issues and project management tools, including capacity in assisting in design and
approval of technical cooperation with countries.
III. FUNCTIONS, ACTIVITIES AND PRODUCTS
In keeping with the principles and the objectives set for the Program, the staff will support the
INE/ECC Climate Change Specialist in the following actions, but will not be limited to:
„h Take actions and designing initiatives that will contribute to the mainstreaming of carbon
finance for AFOLU activities within national/sectoral policy and planning processes,
integrating lessons learned from the best and most recent, experiences in the field;
„h Collaborate in the formulation of the IDB strategy on carbon finance for AFOLU jointly with
INE/ECC staff;
„h Contribute to the identification and preparation of projects that mitigate GHG from AFOLU
for Bank financing;
„h Design, manage, execute and supervise technical co-operations related to carbon credits for
AFOLU with resources from the SECCI Multi-donor Fund as well as other types of funds
from the Bank.
„h Strengthen linkages between the Bank¡¦s related work and the initiatives of other MDBs
aimed to develop a global carbon finance investment framework for AFOLU (such as for
REDD and REDD+ activities) to assist LAC countries in preparing for their future
participation in the international carbon markets.
„h Take action to identify and develop near-term opportunities to incorporate carbon finance for
AFOLU in the Bank¡¦s projects and activities.
„h Support the preparation of individual Project Idea Notes (PINs), batches of PINs, Project
Design Documents and monitoring protocols to take carbon finance components into account
in the Bank¡¦s existing and proposed projects.
IV. CONSULTANCY CHARACTERISTICS AND QUALIFICATIONS:
„h Starting date and duration: The TFA will be contracted for a period of one (1) year, from
March 2011 until February 2011. Depending on performance, needs and available budget, the
contract could be renewed.
„h Place of work: Washington,
„h Qualifications: The person must have:
„h University and Post graduate degrees in economics, engineering, environmental or
physical sciences or a related discipline.
„h At least five years relevant working experience with mitigation of climate change in
AFOLU sector, of which one year should have been in an international environment.
„h Excellent knowledge and relevant work experience in project development and
management.
„h Excellent knowledge and work experience with inventories of GHG emissions and with
carbon finance (including CDM and voluntary mechanisms) for AFOLU in the region.
„h Excellent knowledge and work experience on climate change negotiations and financial
mechanisms and instruments developed under the Climate Change Convention for
AFOLU.
„h Excellent drafting ability and communication skills, both written and oral; proven ability
to communicate complex concepts and prepare reports that are clear, concise and
meaningful.
„h Ability to apply theory to the specific policy context to identify creative, practical
approaches to overcome challenging situations.
„h Good written communication skills, with analytic capacity and ability to synthesize
project outputs and relevant findings for the preparation of quality project reports. .
„h Good team player, self starter, has ability to work under minimum supervision and
maintain good relationships.
„h Fluency in English and Spanish. Working knowledge of other IADB languages highly
desirable.
„h Schedule of Payment: The consultant will be paid on a bi-weekly basis. Payment will be
based on amount of months worked.
V. SUPERVISION:
Overall responsibility for the supervision of the consultant¡¦s work and the approval of payments
would be taken by Maria Netto, Climate Change Specialist (mnetto@iadb.org ) from
the Sustainable Energy and Climate Change Unit (ECC) of the Infrastructure and Environment
Department (INE) of IDB.