About the job
Finance Associate – Energy Access
This position can be based out of one of the WRI offices in WRI Ethiopia or WRI Kenya, or in Uganda. Existing work authorization is required at the time of application submission for the country office designated. WRI is not able to sponsor work authorization for this position.
About the Program:
WRI has been working in Africa for more than 30 years, supporting local partners and Africa governments to advance forest protection, landscape restoration and sustainable cities. In recent years, we appointed our first vice president for Africa, established a regional hub in Addis Ababa, and created a region-wide strategy. Our vision for Africa is an inclusive transformation so Africa’s people and landscapes flourish. WRI Africa generates actionable knowledge across three strategic pillars: vital landscapes, thriving and resilient cities, and institutional and economic transformation.
WRI’s Energy Program, made up of over 90 experts across 9 WRI offices, collaborates with policymakers, cities, companies, utilities, regulators, and development institutions to secure a clean energy future for everyone. We focus on ensuring that people have affordable, reliable, clean and low-carbon energy. In Africa, our energy access work has sought to build demand for electricity in the development sector, particularly in the health and livelihoods/agriculture sectors. We work closely with utilities, regulators and energy planners at national and sub-national levels as well as development organizations to integrate clean energy in development sectors.
In this role, you will lead the analysis of national, regional, and global policies, strategies, and programmes to understand the challenges and opportunities for unlocking investment in the clean energy space. You will analyze investment funds from Development Finance Institutions as well as impact investors. You will lead in identifying mechanisms for unlocking commercial funds, including from local financial institutions. You will investigate different models used to finance investment in productive use sectors, particularly in the agriculture and livelihood sectors, as well as the health sector. The goal is to understand successful models that could be replicated to unlock both public and private funding at scale. You will also collaborate with WRI Africa’s energy team and partner organizations to develop scalable models aimed at attracting investment in the productive use sector, as well as increase end-user finance.
You will closely work with different teams across WRI sisterhood, including WRI China, WRI India, the Global Energy Program team, as well as members of the institute’s finance center.
You will report to the Energy Access Lead for WRI Africa.
What you will do:
- You will lead in research and analysis on energy finance topics, particularly aimed at unlocking public and private investment in the clean energy and access space
- You will undertake an in-depth review of financial data and investment portfolios from Local Financial Institutions (LFIs), Development Financing Institutions (DFIs), as well as global and regional (Sub-Saharan Africa) energy-focused funds
- You will support the collection and aggregation of data on opportunities for investment in Decentralized Renewable Energy (DRE) sector, including Productive Use opportunities, and social services (in health)
- You will lead in the development of innovative business and finance models for the successful deployment of DRE interventions, particularly in the productive use space
- You will work with and build capacity of LFI (CBs) to establish investment portfolios for renewable energy to accelerate investments in energy access and net-zero ambitions
- You will organize convening and engagements with targeted key stakeholders in the energy access and finance space including utilities, Commercial & Industrial (C&I) actors, Small & Medium-sized Enterprises (SMEs), as well as energy entrepreneurs/investors to conduct analysis on optimal pathway for delivery of clean energy
- Integrate inputs from stakeholders to contribute to our research products and engagement strategies
- You will facilitate consultations with key stakeholders
- You will serve as WRI Africa’s finance analytics expert
- Provide ad hoc and ongoing support and recommendations to evolving collaborations between energy access and transition pillars, finance center, as well as with other International Offices (IOs), particularly with WRI China and India teams.
Communications and Fundraising (30%):
- You will work with the Africa Lead – Energy Access, WRI Africa staff and global communications staff to contribute to the sustenance of a compelling and consistent message from our work as a key strategy for impact
- Develop and co-develop blogs, training materials and other knowledge products (e.g., reports, issue briefs, working papers, and technical notes) on sustainable finance
- You will contribute to analysis and review metrics, results, and outcomes from project activities
- You will contribute to development of funding proposals to expand the growing WRI Africa energy programme.
What you will need:
- Education: You will have a completed Master’s degree, either in energy economics and finance, public policy, or a related field
- Experience: You have 5+ years of relevant full-time professional experience, including research and analytics experience in the energy field, and with a focus on African country contexts
- Experience working in energy markets, with a track record of working with energy sector stakeholders in Africa
- Experience in conducting and publishing research on energy finance in Africa
- Demonstrated expertise in structuring and prioritizing a complex, multiple-faceted research work program
- Experience in engaging with government, academia and CSOs involved in energy research in Africa
- Knowledge of solar energy technologies/systems and financing instruments, energy policy, and energy finance challenges and opportunities
- Experience working with international organizations
- Languages: You have verbal and written proficiency in English
- Requirements:Existing work authorization is required where this position is based. WRI is unable to authorize visa work authorization.
Salary is commensurate with experience and other compensable factors. WRI offers a competitive remuneration and benefits package.
How to Apply:
Please submit a resume with cover letter by 30 January 2023. You must apply through the WRI Careers portal to be considered.
What we offer:
- A competitive salary
- Access to the WRI global network with the opportunity to exchange with and learn from passionate colleagues working at the cutting edge of their fields across Asia, Africa, Europe, Latin America and the US.
- The chance to have an impact and to develop your career within a mission driven organization with access to varied learning and training opportunities.
- A workplace that strives to put diversity and inclusion at the heart of our work.
- The opportunity to join and get involved in different working groups and affinity groups to shape the future of WRI.
- Long-term commitment to hybrid working model with flexible working hours.
- Generous leave days that increase with tenure.
Founded in 1982, World Resources Institute (WRI) is an independent, nonprofit global research organization that turns big ideas into action at the nexus of environment, economic opportunity, and human well-being. We are working to address seven critical challenges that the world must overcome this decade to secure a sustainable future for people and the planet: climate change, energy, food, forests, water, sustainable cities, and the ocean. WRI has a global staff of over 1,800 people with work spanning 60 countries. We have offices in Africa, Brazil, China, Europe, India, Indonesia, Mexico, Colombia and the United States, as well as a growing presence in other countries and regions.
The foundation of our work is delivering high-quality research, data, maps, and analysis to solve the world’s greatest environment and international development challenges and improve people’s lives. We work with leaders in government, business, and civil society to drive ambitious action and create change on the ground. Equally important, we bring together partners to develop breakthrough ideas and scale-up solutions for far-reaching, enduring impact.
Our mission and values:
WRI’s mission is to move human society to live in ways that protect Earth’s environment and its capacity to provide for the needs and aspirations of current and future generations.
Our values are shared ideals that bind us together: Integrity, Innovation, Urgency, Independence, Respect.
WRI is committed to advancing gender and social equity for human well-being in our mission and applies this principle to our organizational and programmatic practices. We are committed to providing equal opportunities in employment, we embrace all diversity and encourage women, the LGBTQ+ community, persons with disabilities, Afro-descendants, and Indigenous people to apply. Recognizing our strong commitment to gender equality, WRI has also been awarded EDGE certification.
Our team in Human Resources carefully reviews all applications.