Environment Finance Expert

Result of Service
Enhanced capacities for environmental finance management for the Ministry of
Environment, Water and Agriculture.
Work Location
Riyadh, Saudi Arabia
Expected duration
‎24 months
Duties and Responsibilities
Organization Setting:

The United Nations Environment Programme (UNEP) is the leading global
environmental authority that sets the global environmental agenda, promotes
the coherent implementation of the environmental dimension of sustainable
development within the United Nations system and serves as an authoritative
advocate for the global environment. The West Asia Office delivers advisory
services and capacity building support to countries to achieve environment and
sustainable development objectives. This consultancy announcement is meant to
solicit applications for rostering purposes to serve as the pool of expertise
that UNEP West Asia Office is creating within the framework of the long-term
strategic partnership and the Saudi Environment Sustainability Programme with
the Ministry of Environment, Water and Agriculture of Saudi Arabia.

Under the direct supervision of the Project Manager in UNEP West Asia Office
and in coordination with the respective department in the Ministry of
Environment, Water and Agriculture in Saudi Arabia, the expert will carry-out,
inter alia, the following duties and responsibilities:

‎1. Analyze direct and indirect effects of economic related decisions and
policies on the environment and vice versa.
‎2. Research topics that affect and link the economy and the environment such
as pollution, soil conservation, land use, and animal conservation.
‎3. Predict future economic and environmental outcomes.
‎4. Study the long-term costs of restoring damaged and polluted environments.
‎5. Align financial sector strategies of MEWA with the implementation of the
Nationally Determined Contributions (NDC).
‎6. Identification, conceptualization, formulation, and implementation of a
bankable climate-finance related project portfolio.
‎7. Development of top-down financing needs assessment at the macro-level to
inform discussions with planning and finance authorities to identify the
financing envelope. Provide strategic insights on latest developments in
climate finance, covering private sector and financial actors, innovations in
business models and financial products.
‎8. Technical advice to support countries in the region to undertake legal and
regulatory reforms and develop frameworks that integrate laws and regulation
which are ‚fit for purpose 'to de-risk, unlock, mobilize, leverage and
mainstream public and private climate finance.
‎9. Support the implementation of capacity building measures and policies.
Mapping financial actors in a country.
‎10. Generate evidence to build a strong justification for national
policymakers and the private sector to accelerate the Kingdom's transition
towards climate-smart development.
‎11. Provide strategic guidance on the policy directives, investments, and
capacity development of public institutions needed to achieve the intended
accelerated transitions.
‎12. Establish and strengthen network of stakeholders - state institutions,
civil society and business community - for sustainable governance of a dynamic
climate action plan for the province
‎13. Provide expertise and support to study the economic effects of
environmental policies, business decisions, and privatization opportunities.
‎14. Designing financing instruments across public and private finance to
deliver climate related outcomes.
‎15. Articulating financing strategy and frameworks for climate change plans
including in support of Nationally Determined Contributions.

The expected outputs and deliverables are:
‎1. MEWA environment finance needs assessment.
‎2. A complete cost-effectiveness analysis for economy and environment in
Saudi Arabia
‎3. Financial instruments for public and private sector.
‎4. Series of capacity building and training workshops on environment finance.
‎5. A report on economic effects of environmental policies in KSA
‎6. A training course on economic valuation and environment for MEWA staff.
‎7. Final report on environmental finance in KSA.
Qualifications/special skills
PhD or master's degree or equivalent in climate change, environmental science,
environmental finance or related fields is required.

Minimum of ‎10 years of professional technical experience in the field of
environment finance is required.

Knowledge of environmental finance in Saudi Arabia is an asset

Experience working in West Asia is desirable.
Languages
Fluency in written and spoken English and Arabic is required. Knowledge of
French is desirable
Additional Information
This consultancy announcement is meant to solicit applications for rostering
purposes to serve as the pool of expertise.
No Fee
THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT
PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED
NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS' BANK ACCOUNTS.