international finance corporation
Description
IFC a member of the World Bank Group is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.
The Environment and Social Sustainability Solutions Department (CEG), includes approximately 200 staff and consultants. As part of its mandate, CEG supports IFC's investment and advisory teams to manage ESG risks associated with their activities and find solutions to client issues on basis of our Environmental and Social (E&S) Performance Standards (http://www.ifc.org/performancestandards) and the Corporate Governance Methodology (http://www.ifc.org/corporategovernance). CEG further leverages this expertise and operational experience in emerging markets to encourage the effective adoption of these standards by companies and investors across emerging markets. More details can be found at http://www.ifc.org/sustainability.
IFC is unique among Development Finance Institutions to have this cadre of in-house environment, social and corporate governance experts. It is through this expertise that CEG delivers on the two goals of its strategy: (i) partnering with IFC's investment departments to manage ESG risks associated with their investments and find solutions to client issues and (ii) leveraging our ESG expertise and operational experience in emerging markets to maintain IFC's leadership in sustainability through ESG standards. IFC's standards have been widely adopted in emerging markets by development banks, project finance banks (www.equator-principles.com), and export credit agencies such that over the last decade US$4.5trillion have been invested adhering to them.
IFC has been a leader in private sector biodiversity risk management for the past 15 years and with the development of the Kunming Montreal Global Biodiversity Framework and its emphasis on private sector action, this work has become even more pressing. Our focus is operational as well as strategic, and the position will enable the candidate to identify real world solutions through private sector biodiversity management. To support our efforts in this space, IFC is looking for a biodiversity specialist to lead our regional activities in Africa and support our global biodiversity and nature work program as part of on our core team of biodiversity specialists. This position will be based within IFC's Africa ESG team, which coordinates with our global team.
This position will report to the CEG Regional Manager for the Africa region.
Duties and Accountabilities:
The primary focus of the work is risk management, which includes a project-specific focus on investments as well upstream and advisory engagements to provide broader support to clients and develop capacity. The candidate will be expected to work with the project lead E&S specialist and as needed, in coordination with specialists in other thematic fields (environmental management, stakeholder engagement, resettlement, gender, labor) to develop integrated approaches to appraise and supervise (monitor) projects. The candidate will be interacting with investment staff and clients of all sectors (infrastructure, agribusiness, manufacturing, services, etc.) to mainstream biodiversity considerations through the implementation of IFC Performance Standard 6 (PS6): Biodiversity Conservation and Sustainable Management of Living Natural Resources and, as needed, other Performance Standards. Responsibilities include the following:
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