What are the responsibilities and job description for the Deputy Executive Director (Fund for responding to Loss and Damage) position at The World Bank?
ABOUT THE ORGANIZATION
At COP27 and CMA4, the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) and the Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement (CMA) established funding arrangements to assist developing countries particularly vulnerable to climate change. This decision established the Fund for responding to Loss and Damage (FRLD) to assist developing countries vulnerable to the economic and non-economic impacts of climate change, including extreme weather and slow onset events.
At COP28 and CMA5, the COP / CMA formally approved the Fund’s Governing Instrument, designating it as part of the UNFCCC’s financial mechanism and placing it under the guidance of both COP and CMA. The decision authorized the Fund’s Board to secure a hosting arrangement with the World Bank as an interim trustee for four years, which includes hosting the Fund’s secretariat (Secretariat). The World Bank has agreed to act as trustee and administer the Trust Fund in line with the COP / CMA’s stipulations.
The Secretariat, hosted by the World Bank in Washington, D.C., and led by the Executive Director (ED), coordinates the Fund’s strategic activities across its governing bodies, including the Board, and the World Bank (as Trustee and Secretariat host), manages institutional relations with the Fund’s stakeholders, and drives thought leadership to deliver the Board’s vision and policies.
At the 4th Board meeting in Manila, Philippines, the Board endorsed and approved the Secretariat’s proposal to recruit a Deputy Executive Director (Deputy ED) to assist the ED in leading the Fund's mandate, in line with Board’s strategic directions, and to ensure the efficient and effective day-to-day operations of the Secretariat under the ED's oversight and leadership.
GENERAL DESCRIPTION AND HIRING UNIT
These terms of reference outline the key responsibilities and qualifications for the deputy ed position at the secretariat. The deputy ed will report to the ed, collaborate with secretariat staff and the board, and engage with external stakeholders, including governments, multilateral development banks, un agencies, climate funds, donor agencies, and civil society.
Extensive knowledge and experience in financial management and climate change, particularly regarding economic and non-economic loss and damage, extreme weather events, slow onset events, and their interrelationships with development and finance, is essential.
RESPONSIBILITIES
Strategic Leadership and Management Oversight
- Support the ED promoting coherence and complementarity between the Fund and other existing funding arrangements for responding to loss and damage.
- Provide leadership in the operationalization of the Fund’s work program and project cycles, ensuring that the secretariat supports the Board in its day-to-day operations, including operational and access modalities, financial instruments, and funding structures.
- Assist the ED in leading efforts to develop and implement the Fund’s work program and resource mobilization strategy and plan, ensuring sustained funding for the Fund’s activities.
Governance, Work Programming, and Budget Administration
Monitoring, Evaluation, and Reporting
External Relations and Stakeholder Management
Human Resources Management
PROFESSIONAL EXPERIENCES / QUALIFICATIONS
The successful candidate should be recognized and respected widely through their intellectual leadership, sound reputation and proven track record as a problem-solver, and accomplishments.
The ideal candidate will possess as many of the following professional and personal characteristics as possible :
Education and experience
Technical and Leadership Skills
Additional Skills
WORLD BANK LEADERSHIP VALUES AND CORE COMPETENCIES
Please refer to the WBG Core Competencies at GH level for more details.
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
TO APPLY
Please send your resume via the LinkedIn application process. If you have further questions, you can reach the Korn Ferry team directly at FRLD_Deputy@kornferry.com .
SE# 510706753
