Climate Finance Officer job at Ministry of Finance, Planning, and Economic Development
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Vacancy title:
Climate Finance Officer

[ Type: FULL TIME , Industry: Finance , Category: Accounting & Finance ]

Jobs at:

Ministry of Finance, Planning, and Economic Development

Deadline of this Job:
12 October 2022  

Duty Station:
Within Uganda , Kampala , East Africa

Summary
Date Posted: Thursday, September 29, 2022 , Base Salary: Not Disclosed

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JOB DETAILS:
Job title: Climate Finance Officer
(FCDO) Support to the Establishment of a Climate Finance Unit in the Ministry of Finance, Planning and Economic Development
Reports to Senior Climate Finance Officer

Specifics of recruitment
In a bid to increase efficiency in coordinating climate change action, Uganda launched the National Climate Change Policy (NCCP); and submitted its Nationally Determined Contributions (NDCs) to the United Nations Framework Convention on Climate Change (UNFCCC) in 2015. The Parliament of Uganda passed the Climate Change Bill in April 2021 to legally enforce the implementation of climate change responsive measures in line with resolutions from international conventions such as the UNFCCC. Additionally, to institutionalize national climate change action, the Government of Uganda established the Climate Change Department to lead national coordination of climate change action in partnership with relevant stakeholders.
The GoU pledged to provide 30% of the funds needed to implement NDCs and expected the ‘other’ 70% to emanate from external sources. The costed implementation plan for the National Climate Change Policy (NCCP 2015) indicated that Uganda requires US$ 2.5 billion annually between 2015 and 2030 to address the impacts of climate change. The cost of inaction has been estimated at an annual cost range of USD 3.2 5 billion within a decade from 2015 with the highest impacts already felt in water, energy, agriculture and infrastructure sectors.
In 2016, the Overseas Development Institute estimated that Uganda’s total expenditure on climate change relevant actions remained below
1% of the Gross Domestic Product (GDP), which is much lower than the 1.6% that the implementation strategy of the NCCP recommended. A more recent situation analysis of climate finance in Uganda conducted by GGGI confirms this phenomenon. Both studies suggest that significant additional finance is required above what is currently spent on relevant climate change actions and warn that the costs of climate change impacts have a multiplier effect if ignored.
MoFPED is alive to these challenges and is desirous of establishing The Climate Finance Unit (CFU). The CFU will increase institutional coordination and capacity to design funding programs competently. The CFU will also develop systems, capabilities and innovations, including the competency to develop innovative fundable and bankable initiatives. CFU will build on efforts by MoFPED through the Directorate of Debt and Cash Policy (DDCP) to build capacity of line ministries, agencies, CSOs, privates sector to attract, plan and implement climate finance. The CFU is a deliberate part of the measures to reform, create and continuously enhance the capacity of the MoFPED to perform the duties of the climate finance mobilization as a National Designated Authority (NDA) and ensure multi stakeholder participation of mobilizing finance for climate actions in Uganda.

Purpose of the assignment
The purpose of this assignment is to support mobilisation of climate financing at the MoFPED of the Government of Uganda (GoU) under the CFU in line with the Ministry’s mandate of mobilising resources to finance the Government Development Priorities. The Climate Finance Officer will contribute to the Technical requirements of the Unit.

Specific objectives of the assignment;
• Support the effective and efficient mobilization of Climate Financing in Uganda
• Support the Identification and access of the various financing windows toward climate finance, green finance, Disaster risk finance and other innovative financing.
• Support the Development of the National Climate Finance Strategy.
• Support stakeholder Capacity needs assessment, develop strategies and execute the capacity enhancement.
• Support the Ministry in the Implementation of the new approach to financing national climate priorities as a Taskforce pioneer trial-country.
• Support the NDA and GEF OFP in the MoFPED to deliver their mandate effectively.
• Support the set-up of strategic partnerships with national, regional and global stakeholders to enhance climate finance mobilization.
• Support the delivery of an effective and innovative CFU within the Ministry.
• Support the day-to-day climate finance operations in the Ministry

Specific Tasks to be undertaken.
• In light of the above objectives, the Climate Finance Officer will undertake the following assignments:
• Support the Mobilization of Climate Finance, Green Finance and Disaster Risk financing to Government of Uganda in collaboration with other relevant Stakeholder
• Support the effective Monitoring and evaluation of projects and programmes under the Climate Financing.
• Support climate and green finance related Project Preparation and Programming to enhance Uganda’s capacity to attract these financing.
• Support stakeholder Capacity needs assessment, develop strategies and execute the capacity enhancement.
• Support the identification of key capacity needs in relation to the partner government’s implementation of the pioneer country trial, as well as the preferred method(s) for in-country coordination by facilitating the Task Force Secretariat.
• Support operations of the NDA and GEF OFP Secretariat roles in the Ministry of Finance, Planning and Economic Development
• Support the Development of analytical knowledge products such as policy briefs, position and policy papers on climate finance to support the MoFPED in undertaking evidence based climate finance approaches.
• Support advocacy of Climate Financing in Uganda in collaboration with all the relevant stakeholders.
• Perform any other duties as may be assigned
• Support the Head of the Unit in Coordination of the Taskforce on Access to Climate Finance
• Perform any other duties as may be assigned

Qualifications/experience/expertise
Minimum Qualifications:

• Bachelor’s degree in Economics; Economic Policy and Planning; Sustainable Development Finance, Statistics, Law, Business Administration, Public Administration, Accounting, Social Sciences and related areas.
• 5 years’ experience working closely with business teams and developing concept notes, strategies, guidelines, tools to manage partnerships and proposals for various funding opportunities in line with private sector facing financial institutions

Skills/ Competences
• Information, communication Technology b) Public Relations and Interpersonal Skills
• Team Work
Applicants should submit a 2-page CV. Successful candidates will be invited for aptitude and oral interviews.

Work Hours: 8


Experience in Months: 36

Level of Education:
Bachelor Degree

Job application procedure
Details of the scope of services, deliverables, required qualifications, experience and competences can be accessed on the Official Ministry Website: www.finance.go.ug
Applications must include a cover letter, curriculum vitae, certificates and testimonials, and be addressed as below and submitted online to hr@finance.go.ug by 1700hrs on Wednesday 12th October 2022.
Address the email submitting your application as follows: POSITION – SURNAME- FIRST NAME – OTHER NAMES
Under Secretary/Accounting Officer
Ministry of Finance, Planning and Economic Development
Plot 2/12 Apollo Kaggwa Road
P O Box 8147
KAMPALA
Tel: 256-41-4707900
Please Note:

1) The Ministry of Finance, Planning and Economic Development is an equal opportunity employer. Any form of lobbying shall lead to disqualification.
2) Only shortlisted candidates will be contacted.


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Job Info
Job Category: Accounting/ Finance jobs in Uganda
Job Type: Full-time
Deadline of this Job: 12 October 2022
Duty Station: Kampala
Posted: 29-09-2022
No of Jobs: 1
Start Publishing: 29-09-2022
Stop Publishing (Put date of 2030): 29-09-2065
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