Carbon Finance Consultant
Location: Luxembourg
City: Luxembourg
Contract Type: Individual Consultant (Daily Rate)
Grade: Individual Consultant 4
Salary scale: Individual Consultant Scale
End date of appointment
1 year
Deadline: 06/04/2026
Job Reference: 100015354
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.
Project background
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 Paris Agreement provides a comprehensive framework for signatory Parties to reach an ambitious commitment to limit the increase in global average temperature to well below 2°C, and to pursue efforts to limit the increase to 1.5°C in a cooperative manner. This framework covers a number of instruments including cooperative approaches under Article 6 which allows signatory countries (and private sector entities authorized by these countries) to engage in international carbon transactions. GGGI’s Carbon Finance Department is a global leader in providing technical assistance on Article 6 readiness, strategy development, and implementation, supporting countries to align international carbon market engagement with their Nationally Determined Contributions (NDCs), Long-Term Low Emissions Development Strategies (LT-LEDS), and broader development priorities.
The Carbon Transaction Facility (CTF), launched in October 2024, is one of the primary mechanisms through which GGGI supports its member and partner countries engage in Article 6 carbon trading. The CTF is a collection of single and multi-donor funds that cover the full spectrum of Article 6 cooperation – from readiness to transactions of internationally transferred mitigation outcomes (ITMOs). One of the ITMO-purchasing Carbon Funds currently operational under the CTF is the Norwegian Article 6 Climate Action (NACA) Fund. The NACA Fund is part of the Norwegian Global Emission Reduction Initiative and aims to facilitate carbon transactions under Article 6 of the Paris Agreement, raise global climate action, support and promote best practices under Article 6, and contribute to the development of an equal playing field in international carbon markets. GGGI manages the NACA Fund as trustee on behalf of the Norwegian Ministry of Climate and Environment (NMCE) and seeks to develop mitigation activities and purchase ITMOs generated from such activities to support achievement of the objectives of the NACA Fund.
The NACA Fund has been supporting selected host countries to develop policy-based approaches to carbon crediting under Article 6 of the Paris Agreement. Under such approaches, a policy provides the framework for the generation of mitigation outcomes from actual mitigation activities that are implemented as a direct result of that policy. The NACA Fund has focused on designing incentive-based policy crediting instruments that focus on supporting the expansion of renewable energy generation and battery storage by providing carbon payments to eligible renewable energy plants that generate verified emissions reductions.
Objectives of the assignment
To achieve the objectives of the fund, GGGI is looking for a full-time Consultant to provide technical and operational support to the NACA Fund Manager, contributing to the effective design and implementation of renewable energy–focused policy-based crediting approaches in the NACA Fund’s implementation countries, particularly Senegal and Morocco. The Consultant shall support key technical and financial tasks related to carbon credit generation and the structuring of renewable energy investments, applying strong expertise in energy and project finance. Working closely with the Carbon Finance Department, GGGI country teams, and other internal units, the Consultant shall help ensure coordinated support to partner governments and stakeholders across the project cycle. The role requires analytical rigor, cross-team collaboration, and a sound understanding of international carbon market mechanisms to enhance the NACA Fund’s overall impact and operational excellence.
Deliverables and Payment schedule
Consultant Is Responsible For The Following Deliverables
Expertise required
Interested Candidates Must Submit The Following Documents In English
City: Luxembourg
Contract Type: Individual Consultant (Daily Rate)
Grade: Individual Consultant 4
Salary scale: Individual Consultant Scale
End date of appointment
1 year
Deadline: 06/04/2026
Job Reference: 100015354
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.
Project background
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 Paris Agreement provides a comprehensive framework for signatory Parties to reach an ambitious commitment to limit the increase in global average temperature to well below 2°C, and to pursue efforts to limit the increase to 1.5°C in a cooperative manner. This framework covers a number of instruments including cooperative approaches under Article 6 which allows signatory countries (and private sector entities authorized by these countries) to engage in international carbon transactions. GGGI’s Carbon Finance Department is a global leader in providing technical assistance on Article 6 readiness, strategy development, and implementation, supporting countries to align international carbon market engagement with their Nationally Determined Contributions (NDCs), Long-Term Low Emissions Development Strategies (LT-LEDS), and broader development priorities.
The Carbon Transaction Facility (CTF), launched in October 2024, is one of the primary mechanisms through which GGGI supports its member and partner countries engage in Article 6 carbon trading. The CTF is a collection of single and multi-donor funds that cover the full spectrum of Article 6 cooperation – from readiness to transactions of internationally transferred mitigation outcomes (ITMOs). One of the ITMO-purchasing Carbon Funds currently operational under the CTF is the Norwegian Article 6 Climate Action (NACA) Fund. The NACA Fund is part of the Norwegian Global Emission Reduction Initiative and aims to facilitate carbon transactions under Article 6 of the Paris Agreement, raise global climate action, support and promote best practices under Article 6, and contribute to the development of an equal playing field in international carbon markets. GGGI manages the NACA Fund as trustee on behalf of the Norwegian Ministry of Climate and Environment (NMCE) and seeks to develop mitigation activities and purchase ITMOs generated from such activities to support achievement of the objectives of the NACA Fund.
The NACA Fund has been supporting selected host countries to develop policy-based approaches to carbon crediting under Article 6 of the Paris Agreement. Under such approaches, a policy provides the framework for the generation of mitigation outcomes from actual mitigation activities that are implemented as a direct result of that policy. The NACA Fund has focused on designing incentive-based policy crediting instruments that focus on supporting the expansion of renewable energy generation and battery storage by providing carbon payments to eligible renewable energy plants that generate verified emissions reductions.
Objectives of the assignment
To achieve the objectives of the fund, GGGI is looking for a full-time Consultant to provide technical and operational support to the NACA Fund Manager, contributing to the effective design and implementation of renewable energy–focused policy-based crediting approaches in the NACA Fund’s implementation countries, particularly Senegal and Morocco. The Consultant shall support key technical and financial tasks related to carbon credit generation and the structuring of renewable energy investments, applying strong expertise in energy and project finance. Working closely with the Carbon Finance Department, GGGI country teams, and other internal units, the Consultant shall help ensure coordinated support to partner governments and stakeholders across the project cycle. The role requires analytical rigor, cross-team collaboration, and a sound understanding of international carbon market mechanisms to enhance the NACA Fund’s overall impact and operational excellence.
Deliverables and Payment schedule
Consultant Is Responsible For The Following Deliverables
- Provide technical and financial inputs to the design and implementation of renewable energy–focused policy-based crediting approaches in NACA Fund countries.
- Act as the technical lead for NACA Fund work in Senegal and Morocco, guiding the design, structuring, and financial analysis of renewable energy mitigation activities, in close coordination with GGGI country teams.
- Support the structuring and financial modeling of renewable energy investments under the NACA Fund, including project due diligence and identification of options for leveraging upfront finance.
- Advise the Fund Manager and other team members on integrating project finance and energy sector considerations within NACA Fund management processes, including review of consultant outputs, funding proposals, and implementation reports.
- Collaborate with GGGI’s country teams, Carbon Finance Department, and other internal units to ensure consistency across technical assistance delivery, contracting processes, and results tracking.
- Contribute to analytical work and knowledge products on renewable energy crediting mechanisms, financing models, and lessons learned from Carbon Fund implementation.
- Represent the NACA Fund in internal coordination and external stakeholder engagements, as assigned.
Expertise required
- Master’s degree in energy, finance, economics, engineering, or a related field with relevance to renewable energy.
- Preferably 5–8 years of experience in renewable energy and/or renewable energy carbon projects, including project structuring, financial modeling, and/or due diligence.
- Demonstrated experience working with project finance concepts (e.g., cash-flow modeling, risk allocation, bankability, blended finance)
- Familiarity with carbon markets and Article 6 is a strong advantage.
- Fluency in English and French (spoken and written) is required.
- Ability to assess renewable energy projects and portfolios, including key financial, technical, and regulatory aspects.
- Skill in turning quantitative and technical analysis into clear written recommendations for policy and investment decisions.
- Understanding of power sector regulation and typical risk profiles for renewable energy in emerging markets.
- Strong stakeholder engagement skills, including work with governments, DFIs, private investors, and consultants.
- Excellent written and verbal communication in English and French.
Interested Candidates Must Submit The Following Documents In English
- Curriculum Vitae (CV)
- Cover Letter, clearly addressing how the candidate meets the criteria outlined under the “Expertise Required” section
- Only shortlisted candidates will be contacted and invited for an interview.
- GGGI does not cover interview-related expenses unless explicitly pre-authorized.
- Reference checks will be conducted for candidates selected for interview. References must be able to provide substantive insights into the applicant’s past performance and professional capabilities.
- All applications must be submitted via the GGGI website before the stated deadline. Late submissions will not be considered. Date to close is Korean Standard Time (KST).
- This assignment is for individual consultants only. Engagement through a consortium or firm is not permitted.
- The selected consultant must have a bank account solely under their name. Payments cannot be made to accounts held by companies or other entities.