Strategic Investment Partnerships and Co-Investments Intern

Duration: 6 - 12 months
Starting date: January/February 2025
Location: Songdo, Incheon City, Republic of Korea 

Introduction
The Green Climate Fund is the world’s largest dedicated multilateral climate fund and invests in impactful, innovative, catalytic programs and projects in developing countries across the globe. The GCF has a portfolio of 286 projects across 133 countries, with a total commitment of USD 15.9 billion to date.

In 2023, an additional USD 12.8 billion was pledged, to support our new strategic and programming cycle from 2024-2027; our ambition is to grow to become at least a USD 50 billion fund by 2030. Rooted in the core objectives of impact and efficiency, access and a focus on the most vulnerable, and mobilizing a much higher scale of public and private sector financial flows for climate action we have an unparalleled scale of resources, which, together with our risk appetite and flexibility allows us to bring together different partners and stakeholders in innovative partnerships for profound impact. 

GCF is seeking a top-tier individual with a demonstrable track record of harnessing experience, energy and networks to tackle complex global climate change challenges. You will be committed to making a positive, measurable difference through a mission-driven role, and thrive in a fast-paced, diverse environment.  

You will be able to quickly scan and analyze complex, competing issues and lead significant sized teams to find solutions in evolving contexts, across multiple geographic locations. 

You will be a nurturer of people: recognizing and growing the talent around you, exemplifying values of transparency, respect and innovation.

You will be committed to learning, knowledge-sharing, convening and communicating with partners to work together to ideate, develop and implement climate action initiatives that make a profound difference to people and planet.

You will join a team of talented, committed individuals representing almost 80 nationalities contributing skills and experience from academic, scientific, private, government and nonprofit backgrounds.  Together, we work with governments, communities and civil society, technical agencies, and the private sector across the world.

Interested in more information? 
Learn about working for GCF: https://www.greenclimate.fund/about/careers 
View current vacancies: https://jobs.greenclimate.fund/

About the Green Climate Fund (GCF)
Set up in 2010 by the 194 countries who are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), GCF takes its responsibility as the world’s largest dedicated multilateral climate fund to heart.  GCF funds transformative climate projects across the developing world, supporting countries in their responses and actions to tackle climate change while fostering sustainable development within their communities. 

Our country-driven approach ensures that our actions are tailored to the unique circumstances and national aspirations of each nation we support. Besides channeling public and private sector investment through a broad range of financing instruments, GCF builds the capacity of developing countries to take climate action through an extensive Readiness Programme ensuring countries are increasingly well-equipped and financed to manage their climate futures.

Headquartered in the Republic of Korea, GCF operates with a diverse and talented workforce of over 300 people. 
 

Internship Assignment  

Background: 

• Be a key member of and provide operational and administrative support to the ​Strategic Investment Partnerships and Co-Investments (DSCI) team;​ 
• DSCI is a new department that has been set up to develop new investment partnerships and co-investment structures in order to drive innovative and transformative climate finance deals; 
• DSCI will help to catalyze capital from both traditional and non-traditional sources encompassing the full range of the private and public sectors; 
• DSCI operates in in a dynamic, entrepreneurial environment with a “can-do” attitude driving new and creative structures, including first of its kind climate finance structures/ frameworks; 
• DSCI offers the Intern an exciting and unique opportunity to contribute towards driving higher flows of financing to address the climate challenge; 
• The Intern will operate at the cutting edge of what will help define climate finance in the times to come; 
• The Intern will have the opportunity to learn and expand her/ his experience by providing support in the research, review, analyses and assessment of potential partners/ co-investors and investment structures; 
• The Intern will also assist with both strategic and operational activities; 
• Strategic activities will include actively scouting the landscape for landmark climate finance transactions and defining the catalytic role GCF can play in these transactions 
• Operational activities will include analysing and preparing quantitative and qualitative data on potential structures;  
• The Intern will also assist with coordinating and helping to plan events, including meetings, investment conferences, forums and roadshows in support of DSCI’s messaging, outreach and marketing efforts to enhance GCF’s profile and effectiveness in climate finance; and 
• Supervised primarily by a Manager, but on a day-to-day basis, work directly with each of the team members of DSCI; 

Key responsibilities: 

• Under the overall guidance of the designated primary and alternate supervisors within DSCI, the Intern/s will be expected to: 
• Support the DSCI team in mapping out the climate finance landscape and in identifying potential attractive and untapped opportunities that can be developed; 
• Conduct research and assess potential partners, including for example financial, strategic, and advocacy institutions that align with and could support GCF’s climate mission; 
• Support the DSCI team in undertaking sectoral research in identifying investment opportunities; 
• Support the development and management of a database/ CRM for all potential partners, ensuring accurate records of discussions and meetings; 
• Assist in the development of proposals and the structuring of financial deals, with a focus on investment analysis and structuring; 
• Perform detailed financial modelling and analysis of potential investment structures; 
• Assist DSCI team members in structuring and commercial negotiations, externally and internally, to the extent required; 
• Support other members of the team with market outreach, including preparing pitch presentations that effectively communicate complex situations; 
• Assist DSCI team to ensure timely and collaborative interactions with other relevant teams in GCF with respect to potential co-investment structures and partnerships; and 
• Deliver on any other task assigned to the Intern from time to time.  

Requirements and qualifications 

• Currently enrolled in or recently completed a Master’s or PhD program with 2-3 years or more of work experience in investment banking (IB), private equity (PE), or a related financial field;
• Strong analytical skills and experience in financial modelling and deal structuring, with the ability to analyze complex financial data and present it in a clear and concise manner; 
• Proven experience in preparing presentations to explain complex situations to various audiences; 
• Proficiency in using standard software programs (MS Word, Excel, PowerPoint, Outlook, and Access); 
• Experience with carrying out detailed research; 
• Prior emerging market / developing country and / or climate experience is not essential, but will be a strong advantage; 
• Strong quantitative, writing, and presentation skills; 
• Must be highly collegiate and collaborative; 
• An entrepreneurial mind-set is highly desirable; and 
• Fluency in English is essential; knowledge of another United Nations language is an advantage. 
   

The closing date for application is 12 January 2025. Applications submitted after the deadline may not be considered.

 
*The person assessed by the Selection Panel as most suitable for the position will be proposed for appointment. Selection among short-listed candidates will also take into account performance at interview, appropriate testing, and references. 
 

Applications from women and nationals of developing countries are strongly encouraged to apply.