Sustainable Finance Senior Associate, Latin America and the Caribbean (Bogotá)

Sustainable Finance Senior Associate, Latin America and the Caribbean (Bogotá)

13 ago
|
Global Green Growth Institute
|
Bogotá

13 ago

Global Green Growth Institute

Bogotá

*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.

GGGI operates across multiple regions, providing in-country technical assistance and global knowledge products to integrate green finance into national development strategies. Since 2015, GGGI has supported member countries in issuing green, social, and sustainability (GSS) bonds, mobilizing over USD 10 billion in sustainable finance for climate change mitigation, adaptation, and inclusive economic growth — including the world's largest sovereign sustainability bond.
CONTEXT

In 2023, with the support of the Government of Luxemburg GGGI established the General Trust Fund (GTF) on Sustainable Finance Instruments: Scaling up Thematic Bond Markets in Developing Countries,



offering a novel approach to closing the development financing gap by leveraging the capital market’s potential to promote climate change mitigation and adaptation by setting in place policy incentives and de-risking measures to direct bond proceeds towards low carbon resilient projects and initiatives. The bond market represents the main source of capital for sovereign governments and public and private financial institutions. Shifting only ~3% of global issuances towards development financing gaps of developing countries would be sufficient to fill the NDC and SDG USD 3.7 trillion gap.

In the last two years GTF successfully mobilized USD 2 billion of climate finance and is now scaling up. GGGI’s technical assistance will strengthen the national green finance ecosystem of 25 developing countries through the development of policy frameworks training 1,000 private and public sector sustainable finance experts. GGG

📌 Sustainable Finance Senior Associate, Latin America and the Caribbean (Bogotá)
🏢 Global Green Growth Institute
📍 Bogotá

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