The Climate Investment Funds (CIF) is the world’s largest multilateral climate fund, with $13.5 billion channeled through six Multilateral Development Banks (MDBs) to 78 countries. CIF financing catalyzes climate action in developing and middle-income countries by funding transformational projects that reduce emissions, build resilience, and accelerate the transition to clean energy and sustainable development.
CIF operates through a unique partnership model that brings together governments, MDBs, the private sector, and civil society. This collaborative approach ensures that climate finance reaches those who need it most while testing innovative solutions that can be scaled globally. As climate challenges intensify and the demand for climate finance grows, CIF continues to expand its instruments and impact. In 2025, CIF became the first multilateral climate fund to access capital markets, unlocking $500 million in private sector capital with the CIF Capital Markets Mechanism (CCMM).
CIF funding, featuring high quality financing and high co-financing ratios, empowers developing countries, lowers risk, enables first-of-their-kind investments, and contributes to transformational change. www.cif.org
The Senior Officer will support CIF’s engagement with donors, MDBs and strategic partners on financial instruments of contribution with a view to drive resource mobilization and advance innovative approaches for capital deployment.
Duties and accountabilities:
1. Donor Engagement on Financial Innovation
• Engage donor governments and institutions, philanthropies and other providers of concessional resources on contribution modalities and their applicability to CIF programs.
• Support negotiations and discussions on terms of contributions, including financial, legal, and governance considerations.
• Develop, market and implement innovative fundraising instruments (e.g. callable capital, first loss guarantees, etc.).
2. Contributions Execution
• Assess executability of contributions against MDBs’ financing frameworks, World Banks (as Trustee) policies and procedures and CIF objectives.
3. Support CIF Leadership
• Contribute to CIF’s resource mobilization strategy with a focus on diversifying contributions instruments and improving capital efficiency.
• Support high-level fundraising engagements where financial structuring and innovation are central.
4. Other Support
• Undertake additional strategic and analytical tasks as required.