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 2024-2027; 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 channeling 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(s) 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.
Department Introduction This Terms of Reference covers consultancy assignments across all four of GCF’s regional Departments: Africa; Asia-Pacific; Eastern Europe; Central Asia and Middle East ; and Latin America and the Caribbean. These Departments work on origination, pipeline development, and portfolio management across public and/or private sector investments.
Consultants engaged under this ToR support the delivery of the investment cycle and contribute to transformative climate adaptation and mitigation impact. Assignments may support any one of the four regional divisions, according to portfolio need and the Consultant’s experience for an initial period of six (6) calendar months.
Position Objective Under the supervision of the Regional Manager, the consultant will provide operational and analytical support to the Regional Team across the project cycle, from country engagement and pipeline development through appraisal and implementation.
The consultant will assist in the review of Concept Notes, Funding Proposals and Readiness proposals; prepare briefing notes, analytical summaries and technical assessments; consolidate comments from technical divisions; conduct PROM assessments and sanction screening; and support disbursement requests, project amendments and project documentation, including board publications.
The consultant will also maintain project records in internal systems and support portfolio monitoring and reporting, helping ensure the Region's investment documents and decision materials are timely, consistent and compliant with GCF policies. Duties and Responsibilities The consultant will work under the supervision of the Regional Manager and support the Regional Team in the following areas: 1.
Investment Operations and Portfolio Support The consultant will: - Support ongoing country engagement and pipeline development activities across the Region’s portfolio. - Assist in the review of Concept Notes, Funding Proposals, Readiness proposals, and other investment documents. - Prepare analytical summaries, briefing notes, presentations, and technical assessments. - Support appraisal processes by coordinating comments from technical divisions and consolidating review feedback. - Maintain project information and operational records in relevant internal systems. - Support portfolio monitoring, implementation tracking, and reporting activities.
2.
Project Cycle Support The consultant will assist with activities across the project cycle, including: - Concept Note and Funding Proposal review processes. - Conduct PROM assessment and coordination its process - Conduct Sanction screening for all new Concept Note and entities - Preparation of internal briefing materials and decision documents. - Support for disbursement requests and project amendments, as required. - Maintenance of project documentation including board publications. - Support for processing of new Readiness proposals and implementation of existing grants.
Deliverables The consultant will deliver: - Continuous operational support to the regional team throughout the assignment. - Timely analytical reviews and briefing materials supporting investment processing. - Updated tracking of regional pipeline and portfolio activities. - Documentation of ongoing workstreams, including handover notes and portfolio status reports. - A final consultancy report summarizing activities undertaken, outstanding actions, and recommendations for continuity.
Required Qualifications and Experience - Master’s degree in finance, Economics, Climate Finance, Environmental Management, Development, Public Policy, or related discipline. A bachelor's degree with additional relevant experience may be considered. - Minimum two (2) years of relevant professional experience in climate finance, development finance, project finance, investment analysis, or portfolio management.
Prior experience in GCF will be valuable. - Demonstrated experience and familiarity with GCF Sanction screening, Project Risk Project Risk and Opportunity Mapping to identify, assess, and monitor project risks and opportunities throughout the project lifecycle. - Demonstrated experience in investment appraisal, climate finance operations, or project implementation within international financial institutions, multilateral development banks, development agencies, or similar organizations. - Working knowledge of climate finance instruments and investment structures, including grants, concessional loans, equity, guarantees, and blended finance. - Strong analytical, organizational, and coordination skills. - Excellent written and verbal communication skills. - Ability to work effectively in a multicultural environment and manage multiple priorities under tight timelines. - Familiarity with GCF operational processes and investment cycle is highly desirable. - Fluency in English is required Region/Department Essential Desirable Africa - North & West English, French Portuguese, Belgian, Dutch, German Africa - East & South English Asia-Pacific English Eastern Europe, Central Asia and Middle East English, and either Russian or Arabic Latin America English, Spanish Portuguese Caribbean English Core Competencies - Analytical & Financial Acumen: Leads complex analysis, interprets risk and financial data to inform decisions. - Autonomy & Accountability: Manages tasks independently and delivers high-quality outputs requiring minimal supervision. - Coordination & Leadership: Drives multi-division reviews and coordinates senior stakeholders efficiently. - Strategic Insight & Innovation: Contributes to strategic thinking, improved workflows, and innovative analytic tools. - Professional Integrity: Demonstrates commitment to ethical standards and responsible management of GCF resources.
Integrity & Compliance - Consultants must adhere to GCF's ethics and conflict of interest policies. - Consultants working for GCF-accredited entities or project-executing entities will not be eligible to review proposals from their affiliated organizations. - All Consultants will sign confidentiality and ethics agreements. Application Process - The closing date for application is 18 October 2026, 23:59 (KST).
Applications submitted after the deadline may not be considered. - The individual(s) assessed by the Selection Panel as most suitable for the position will be proposed for appointment.
Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references. - Applications from women and nationals of developing countries are strongly encouraged. - Please indicate the Region(s) in order of preference that you are best qualified to support -candidates may be considered for any or all regions; and indicate possibility to work either as a Remote or as an Headquarter (Incheon-Songdo) based consultant(GCF contributes to relocation and housing costs in South Korea). - In case of any technical issues, please email: procurement@gcfund.org .
Note: Due to the high volume of applications, only candidates shortlisted for interview will be contacted regarding the status of their application.
View source text
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 2024-2027; 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 channeling 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(s) 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. Department Introduction This Terms of Reference covers consultancy assignments across all four of GCF’s regional Departments: Africa; Asia-Pacific; Eastern Europe; Central Asia and Middle East ; and Latin America and the Caribbean. These Departments work on origination, pipeline development, and portfolio management across public and/or private sector investments. Consultants engaged under this ToR support the delivery of the investment cycle and contribute to transformative climate adaptation and mitigation impact. Assignments may support any one of the four regional divisions, according to portfolio need and the Consultant’s experience for an initial period of six (6) calendar months. Position Objective Under the supervision of the Regional Manager, the consultant will provide operational and analytical support to the Regional Team across the project cycle, from country engagement and pipeline development through appraisal and implementation. The consultant will assist in the review of Concept Notes, Funding Proposals and Readiness proposals; prepare briefing notes, analytical summaries and technical assessments; consolidate comments from technical divisions; conduct PROM assessments and sanction screening; and support disbursement requests, project amendments and project documentation, including board publications. The consultant will also maintain project records in internal systems and support portfolio monitoring and reporting, helping ensure the Region's investment documents and decision materials are timely, consistent and compliant with GCF policies. Duties and Responsibilities The consultant will work under the supervision of the Regional Manager and support the Regional Team in the following areas: 1. Investment Operations and Portfolio Support The consultant will: - Support ongoing country engagement and pipeline development activities across the Region’s portfolio. - Assist in the review of Concept Notes, Funding Proposals, Readiness proposals, and other investment documents. - Prepare analytical summaries, briefing notes, presentations, and technical assessments. - Support appraisal processes by coordinating comments from technical divisions and consolidating review feedback. - Maintain project information and operational records in relevant internal systems. - Support portfolio monitoring, implementation tracking, and reporting activities. 2. Project Cycle Support The consultant will assist with activities across the project cycle, including: - Concept Note and Funding Proposal review processes. - Conduct PROM assessment and coordination its process - Conduct Sanction screening for all new Concept Note and entities - Preparation of internal briefing materials and decision documents. - Support for disbursement requests and project amendments, as required. - Maintenance of project documentation including board publications. - Support for processing of new Readiness proposals and implementation of existing grants. Deliverables The consultant will deliver: - Continuous operational support to the regional team throughout the assignment. - Timely analytical reviews and briefing materials supporting investment processing. - Updated tracking of regional pipeline and portfolio activities. - Documentation of ongoing workstreams, including handover notes and portfolio status reports. - A final consultancy report summarizing activities undertaken, outstanding actions, and recommendations for continuity. Required Qualifications and Experience - Master’s degree in finance, Economics, Climate Finance, Environmental Management, Development, Public Policy, or related discipline. A bachelor's degree with additional relevant experience may be considered. - Minimum two (2) years of relevant professional experience in climate finance, development finance, project finance, investment analysis, or portfolio management. Prior experience in GCF will be valuable. - Demonstrated experience and familiarity with GCF Sanction screening, Project Risk Project Risk and Opportunity Mapping to identify, assess, and monitor project risks and opportunities throughout the project lifecycle. - Demonstrated experience in investment appraisal, climate finance operations, or project implementation within international financial institutions, multilateral development banks, development agencies, or similar organizations. - Working knowledge of climate finance instruments and investment structures, including grants, concessional loans, equity, guarantees, and blended finance. - Strong analytical, organizational, and coordination skills. - Excellent written and verbal communication skills. - Ability to work effectively in a multicultural environment and manage multiple priorities under tight timelines. - Familiarity with GCF operational processes and investment cycle is highly desirable. - Fluency in English is required Region/Department Essential Desirable Africa - North & West English, French Portuguese, Belgian, Dutch, German Africa - East & South English Asia-Pacific English Eastern Europe, Central Asia and Middle East English, and either Russian or Arabic Latin America English, Spanish Portuguese Caribbean English Core Competencies - Analytical & Financial Acumen: Leads complex analysis, interprets risk and financial data to inform decisions. - Autonomy & Accountability: Manages tasks independently and delivers high-quality outputs requiring minimal supervision. - Coordination & Leadership: Drives multi-division reviews and coordinates senior stakeholders efficiently. - Strategic Insight & Innovation: Contributes to strategic thinking, improved workflows, and innovative analytic tools. - Professional Integrity: Demonstrates commitment to ethical standards and responsible management of GCF resources. Integrity & Compliance - Consultants must adhere to GCF's ethics and conflict of interest policies. - Consultants working for GCF-accredited entities or project-executing entities will not be eligible to review proposals from their affiliated organizations. - All Consultants will sign confidentiality and ethics agreements. Application Process - The closing date for application is 18 October 2026, 23:59 (KST). Applications submitted after the deadline may not be considered. - The individual(s) assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references. - Applications from women and nationals of developing countries are strongly encouraged. - Please indicate the Region(s) in order of preference that you are best qualified to support -candidates may be considered for any or all regions; and indicate possibility to work either as a Remote or as an Headquarter (Incheon-Songdo) based consultant(GCF contributes to relocation and housing costs in South Korea). - In case of any technical issues, please email: procurement@gcfund.org . Note: Due to the high volume of applications, only candidates shortlisted for interview will be contacted regarding the status of their application.