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Concessional Finance Consultant (GCF)

Inter-American Development Bank
Washington, DC Contractor
POSTED ON 8/5/2025 CLOSED ON 9/5/2025

What are the responsibilities and job description for the Concessional Finance Consultant (GCF) position at Inter-American Development Bank?

We improve lives

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About This Position

In response to growing demand for concessional climate finance, the IDB is seeking a Senior Consultant to join its Concessional Finance Team, with a specific focus on supporting the oversight of the Bank’s GCF portfolio and developing high-impact, fundable proposals.

You will work for the Climate Change Solutions Division (CSD/CCS), part of the Climate Change and Sustainability Department (CSD). This team is responsible for advising IDB management and developing policies, strategies, operational guidelines, and programs related to climate change and sustainability. As a division of CSD, CSD/CCS provides support in two areas: (i) mainstreaming climate change into the IDB Group’s actions and operations, and (ii) supporting the region’s ministries of environment, planning, and finance to strengthen climate policy at the subnational, national, and regional levels.

What you’ll do

Under The IDB Fund Lead’s Supervision

  • Support IDB’s GCF pipeline and portfolio, from origination to implementation, and support the regular technical engagement with the GCF Secretariat.
  • Support the design and preparation of GCF funding proposals and concept notes, ensuring alignment with GCF investment criteria, climate rationale, Theory of Change, and logical frameworks.
  • Provide technical advice to IDB operational teams and country counterparts on GCF project development, adaptive management, and compliance with GCF standards and procedures.
  • Conduct technical reviews of GCF documents, including funding proposals, gender action plans, climate risk assessments, and environmental and social safeguards.
  • Monitor project development milestones, ensure timely submission of documentation, and support coordinating the Bank’s response to GCF Secretariat and Board comments.
  • Support coordination between internal IDB units, executing agencies, national designated authorities (NDAs), and other stakeholders to ensure smooth project development and implementation.
  • Support the design and delivery of knowledge, training, and capacity-building activities to strengthen internal and external understanding of GCF requirements and processes.
  • Contribute to strategic planning and analytical work to advance IDB’s climate finance goals and engagement with concessional funds.

What you'll need

Education: Master’s degree in climate policy, international development, economics, finance, environmental management, or a related field.

Experience: At least 5 years of relevant work experience, of which 3 years working with a regional or Multilateral Development Bank and/or development financing institution in developing GCF funding proposals and/or working with the GCF in project development, management, or review. Proven experience leading or supporting successful GCF funding proposals. Familiarity with climate finance instruments, adaptation and mitigation methodologies, Theory of Change development, and logical frameworks. Understanding of the GCF operational policies and guidelines, including a deep understanding of the GCF Integrated Results Management Framework. Broad knowledge of climate finance, climate finance tools, enablers and implementation models, across various sectors. Experience working with public institutions and stakeholders in Latin America and the Caribbean is an asset.

Languages: Fluency in English is required. Spanish would be an advantage.

Requirements

Citizenship: You are a citizen of one of our 48 member countries.

Consanguinity: You have no family members (up to the fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB, IDB Invest, or IDB Lab.

Type of contract and duration

International consultant: International consultant Full-Time, 24 months (up to 36 months).

If international, Headquarters (Washington, D.C), whereas if national 100% remotely from place of residence of selected candidate and services are expected to be provided from a country where the IDB Group has offices.

What we offer

The IDB group provides benefits that respond to the different needs and moments of an employee's life. These benefits include:

  • A competitive compensation packages.
  • Leaves and vacations: 2 days per month of contract gender- neutral parental leave.
  • Health Insurance: the IDB Group provides a monthly allowance for the purchase of health insurance.
  • Savings plan: The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
  • We offer assistance with relocation and visa applications for you and your family when it applies.
  • Hybrid and flexible work schedules.
  • Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
  • Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
  • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

Our culture

At the IDB, we work so everyone brings their best and authentic selves to work while finding their purpose. Our people consistently strive for excellence, and we recognize and celebrate the impact of their contributions.

In our efforts to drive innovation, we intentionally include all voices, cultivate a sense of belonging and champion fairness. We welcome individuals from underrepresented groups to join us and share their unique perspectives.

We ensure that individuals with disabilities are provided reasonable accommodations to participate in the job interview process. If you require an accommodation to complete this application, please email us at accommodations@iadb.org.

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