CARBON FUND MANAGER, CARBON FINANCE DEPARTMENT

CARBON FUND MANAGER, CARBON FINANCE DEPARTMENT

Please note that the deadline is based on Korean Standard Time Zone (KST, UTC+9)

INTRODUCTION TO GGGI

The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.

The Carbon Finance Department (CFD) of GGGI is a global leader in Article 6 international carbon finance technical assistance, running programs since 2019. The department has a core team of 30 staff with a wider group of over 50 working on carbon finance across over 25 countries.

The Carbon Transaction Facility (CTF), GGGI’s programmatic approach to scaling up international carbon trading, was launched in 2024. It encompasses the multi-donor Article 6 Readiness Facility and several Carbon Funds. The Readiness Facility is focused on providing technical assistance to set in place policy and establish the institutional frameworks, increasing readiness for countries to participate in Article 6 trading. Carbon Funds seek to purchase Internationally Transferred Mitigation Outcomes (ITMOs) generated from mitigation activities implemented in GGGI Member and Partner host countries.

The CTF is expanding and is expected to shortly add a further Carbon Fund and is seeking to hire a Fund Manager to lead its planning, implementation and operations.

POSITION SUMMARY

The Fund Manager will manage one of the purchasing funds of the GGGI Carbon Transaction Facility (CTF). The Fund Manager will be responsible for building and managing a portfolio of mitigation projects and carbon transactions. The role combines technical leadership (project development, due diligence, transaction structuring) with operational management (fund oversight, reporting, budgeting, and stakeholder coordination).

PURPOSE

The Fund Manager will manage a single-donor fund with the objective of purchasing Internationally Transferred Mitigation Outcomes (ITMOs) aligned with the specific criteria of the fund. S/he will discuss and agree parameters of negotiation with the contributing participant and will then be responsible for negotiating terms of purchase of forward agreement to purchase ITMOs and to oversee subsequent successful delivery of credits.

Key Responsibilities include:

Technical Leadership

• Identify and select viable Article 6 mitigation activities
• Conduct due diligence and technical assessments
• Oversee development of carbon project documentation
• Manage technical assistance to bring projects to transaction stage
• Structure carbon transaction agreements
• Manage a portfolio of contracted mitigation projects

Operational Management

• Lead day-to-day fund operations
• Develop annual workplans and budgets
• Monitor implementation progress and financial performance
• Conduct risk assessments and maintain mitigation strategies
• Ensure timely delivery of technical assistance across multiple countries related to selected activities
• Manage external consultants and internal project teams

Relationship Management

• Manage the relationship with the Contributing Participant to the fund
• Represent the fund and GGGI’s carbon work at international fora

ENGAGEMENT

The Fund Manager will need to align the interests of the fund participant, project proponent (seller) and host country. S/he will be required to closely collaborate with other internal teams in a matrixed and international environment. This will require the need for empathy of perspectives and recognition of interests of all stakeholders. The role will:

• Be part of the Carbon Finance Department (CFD) within the Directorate of Green Finance and Corporate Services (DGFCS), reporting directly to the Head of Carbon Finance
• Potentially manage a small core team and coordinate with:
  • Country teams across multiple regions
  • External consultants
  • Internal operations teams (finance, reporting, communications)

DELIVERY

The fund manager will need to organize work outputs in such a manner as to optimize delivery of ITMOs. This will require anticipatory skills and an adaptative nature to ensure unforeseen results can be accommodated. Successful end-to-end delivery of ITMOs will be ensured through:

• Managing selection of mitigation activities via the CTF matchmaking platform or other sourcing mechanisms
• Designing and implementing technical assistance support, where required
• Facilitate transaction agreements with sellers, in consultation with the fund participant
• Supporting host country authorization and regulatory processes
• Overseeing implementation and delivery of mitigation outcomes
• Ensuring transfer or retirement of ITMOs, as required

Other fund management responsibilities include:

• Lead selection and evaluation of Mitigation Activity Idea Notes (MAINs)
• Develop Terms of Reference and manage consultants
• Coordinate multi-country project implementation
• Ensure compliance with Article 6 requirements
• Track fund performance, budgets, and expenditures
• Deliver high-quality reporting aligned with donor expectations
• Maintain risk registers and mitigation plans
• Lead outreach and stakeholder engagement activities
• Contribute to knowledge sharing and external representation

REQUIREMENTS

QUALIFICATIONS

• Master’s degree in climate policy, climate finance, environmental economics, or related field. Work experience in lieu of master’s alternatively.
• Minimum 7 years of relevant professional experience
• At least 2 years of international work experience (working in a location other than home country. A requirement for international salary scale eligibility)
• Proven track record in project and program/fund management, including planning, budgeting, and reporting
• Fund management experience within the climate sector highly desirable
• Demonstrated experience coordinating multi-country initiatives
• Established professional networks in carbon pricing, climate finance, or mitigation project development are highly desirable
• Demonstrated ability to lead, manage, and motivate teams in complex, decentralized, and matrixed environments

FUNCTIONAL

• Strong understanding of carbon market mechanisms, particularly international trading under Article 6
• Knowledge of carbon transaction structures, including buyer/seller perspectives, risk allocation, and contractual obligations
• Ability to conduct technical analysis, synthesize complex information, and produce high-quality written outputs
• Strong organizational skills with the ability to prioritize, manage deadlines, and work independently in time-sensitive environments
• Excellent written and verbal communication skills in English, including the ability to engage with government stakeholders
• Proficiency in Microsoft Office tools (Word, Excel, PowerPoint, Teams)

CORPORATE

• Clearly demonstrates a keen enthusiasm for carbon and opening up of carbon markets
• A team player, with the ability to show empathy and build trust resulting in strong working relationships with a diverse and geographically dispersed team.
• Demonstrates high integrity and accountability in handling sensitive information and managing resources
• Takes ownership of responsibilities and delivers results with minimal supervision
• Proactively identifies challenges and applies practical problem-solving approaches
• Works effectively under pressure while maintaining a calm, diplomatic, and positive attitude
• Communicates clearly and collaborates effectively with internal and external stakeholders
• Supports a culture of openness, inclusion, and continuous learning
• Upholds organizational standards and contributes to a high-performing team environment

WORKING CONDITIONS

• This position is a G10 international grade level in GGGI’s salary scale. For details on GGGI’s salaries please refer to https://gggi.org/wp-content/uploads/2026/03/Staff_Regulations_February-2026.pdf
• GGGI is committed to a flexible working environment that supports our staff through all stages of life. We place value on wellbeing, which goes hand in hand with high performance.

Note: Relocation to Seoul HQ duty station is highly preferred. An alternative duty station of Luxembourg could be considered for the successful candidate in exceptional circumstances. Please indicate if you have a requirement for a specific location in your Cover Letter when submitting the application.

Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.