Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 68 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 68 members.
The position is assigned to the Climate Change Resilience and Environment Cluster (CCRE) within the Climate Change and Sustainable Development Department (CCSD). CCSD provides leadership, innovation, and knowledge sharing for ADB’s sector and thematic work. CCRE leads the Bank’s work in responding to the growing need for innovative policies, institutions, and investments to lead the region to a low-carbon, climate, and disaster resilient future; and supports ADB’s operations departments (ODs) to develop and implement climate and disaster resilience projects, integrate disaster risk and climate change considerations into their broader portfolio of projects, and access climate financing.
To view ADB Organizational Chart, please click here.
The Climate Investment Funds (CIF) have been developed by the Multilateral Development Banks (MDBs), including ADB, to scale up assistance to developing countries in responding to climate change, and to strengthen the knowledge base in the development community on mechanisms for climate change action.
The CIF consists of two trust funds: Clean Technology Fund (CTF), which seeks to promote scaled-up financing for demonstration, deployment, and transfer of low carbon technologies with a significant potential for long term greenhouse gas emissions; and includes the new Accelerating Coal Transition (ACT) Program; and Strategic Climate Fund (SCF), consisting of three programs: (i) Pilot Program for Climate Resilience (PPCR), (ii) Forest Investment Program (FIP), and (iii) Scaling-Up Renewable Energy in Low Income Countries Program (SREP) and the new Renewable Energy Integration (REI) Program and Nature, People and Climate Program (NPC), and the planned Industry Decarbonization Program, and Smart Cities Program. MDBs have also been asked to design and/or adapt CIF country investment plans and projects in a manner that enables access to other funding channels, in particular the Green Climate Fund (GCF).
To enable support to emerging needs of its developing member countries (DMC), ADB undertakes consultations to assess and better understand issues, opportunities, and challenges related to climate change adaptation and mitigation actions. Guided by CIF's new and existing programs and ADB’s own climate change mitigation and adaptation portfolio and operational priorities, ADB continuously works with DMCs in developing programs to address countries’ needs to shift towards low-carbon and climate-resilient economies and supporting the various aspects of such transitions.
The position supports ADB to continue the successful implementation of its CIF and climate finance portfolio and strengthens the scaling up of ADB's climate operations through providing targeted related support, drawing amongst others on CIF experiences.
Relevant Experience & Requirements
The selected candidate, if new to ADB, is appointed for an initial term of 3 years.
ADB offers competitive remuneration and a comprehensive benefits package. Actual appointment salary will be based on ADB’s standards and computation, taking into account the selected individual’s qualifications and experience.
ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
Please note that the actual level and salary will be based on qualifications of the selected candidate.