About the Climate Bonds Initiative
The Climate Bonds Initiative (CBI) is an investor-focused NGO working to mobilise the $100 trillion global bond market for climate change solutions. The organisation is leading the development of climate finance solutions with global stakeholders: governments, investors, banks and large companies.
Our main work streams are green bond standards and certification, green bond data and market analysis, policy analysis, green capital markets development, communications and advocacy.
Investor demand for Green Bonds & Climate Bonds is strong and this market is growing rapidly – USD 155 billions of green bonds were issued globally in 2017, nearly doubling the USD 81 billion issued in 2016, putting green bonds at the cutting edge of discussions about green and sustainable finance. Continued accelerated growth is expected – we are targeting USD 100 trillion issuance by 2020.
Part of achieving this growth is addressing investor concerns about the credibility of green labelling. Standards, assurance & certification are essential to improve confidence and transparency that supports expansion of the market. Under the Climate Bonds Standard and Certification Scheme, we have certified over USD 32 billion of bonds issued globally to date, and expect these certification volumes to grow in line with market growth.
The Climate Bonds Initiative aims to focus attention on assets and investments that are compatible with the rapid decarbonisation of our economy and/ or will enable our economy to adapt and be resilient to unavoidable climate change.
The Standards Team works with many scientific partners to develop specific eligibility criteria that can be used to identify when assets and investments are compatible with the Paris Agreement targets. We are seeking a senior relationship manager with knowledge of climate science and low carbon pathways to shape a number of programmes (including rolling out a
Climate Science Framework Programme) that provide guidance and criteria to financial markets around not just ‘what is green’, but also ‘how green is it’? Climate Science Relationship Manager will also be instrumental in our efforts to educate financial and policy communities about assets and investments that are compatible with a 2-degree scenario. This includes assisting in the derivation of a set of clear ‘green definitions’ and green Criteria that assets need to meet in order to be eligible for inclusion in a green bond that can be Certified under the Climate Bonds Standard, and participation in ongoing discussions with regulators and policymakers to determine ‘green taxonomies’ (or green classificationschemes) for green finance.
Accordingly, we are seeking a self-starting, hands-on, motivated individual with initiative, preferably with previous experience in a rapidly growing and evolving organisation. Our ideal candidate is someone with:
- Significant expertise in managing senior relationships and cross-institution collaborative partnerships.Knowledge of the technologies, infrastructure and processes that will rapidly transition the global economy onto a 1.5 or 2C warming trajectory, and the institutions and organisations that are driving this knowledge.
- Proficiency in the technical detail, but fluent in distilling detailed technical information into easily digestible and applicable material for the financial markets.
Responsibilities & key functions
- Co-ordinating a world-renowned Committee of Climate Science experts and key research partners
- Developing a cross-institutional research and analysis agenda to clarify opportunities and responsibilities across sectors and countries that are compatible with the Paris Agreement targets.
- Overseeing the roll out of this research agenda, co-ordinating all partners, and facilitating the research and engagement process.
- Support the wider Standards Team as we progress with the development of eligibility Criteria for green bonds and market education on those Criteria.
- Drafting education and communications material for the finance community.
- Engage with bond issuers to interpret the Criteria for their assets and portfolios.
Qualifications and Experience
- Eligible to work in the UK
- 2:1 or above and a Masters in geography, environmental science or other related discipline
- At least 10 years of work experience in a similar role focussing on low carbon transition paths and compatible technologies, assets and investments
- Experience of establishing, maintaining and managing a network of senior professional relationships
- Deep knowledge of climate change and climate change solutions across a variety of sectors
- Ability and willingness to work both with quantitative as well as qualitative methods and to explore new approaches and methods
- Proven ability to manage, coordinate and prioritise across multiple projects and timeframes
- Enthusiastic, motivated, organised and a self-starter Excellent team working skills and ability to interact with a diverse array of people.
- Excellent English writing and oral skills
- High aptitude & attention to detail
- Knowledge of bond markets
- Other languages
More information on the Climate Bonds Initiative can be found at www.climatebonds.net Send your CV and cover letter as a PDF file to [email protected], quoting reference ‘Climate Science Framework Lead’ in the subject line. Interviews planned for weeks of 23rd April and 30th April