**Background** UNDP is the knowledge frontier organization for sustainable development in the UN Development System and serves as the integrator for collective action to realize the Sustainable Development Goals (SDGs). UNDP’s policy work carried out at HQ, Regional and Country Office levels, forms a contiguous spectrum of deep local knowledge to cutting-edge global perspectives and advocacy. In this context, UNDP invests in the Global Policy Network (GPN), a network of field-based and global technical expertise across a wide range of knowledge domains and in support of the signature solutions and organizational capabilities envisioned in the Strategic Plan. The UNDP Rome Centre for Climate Action and Energy Transition (the “UNDP Rome Centre”) is the key platform for the strategic engagement between UNDP and the Italian Government. It focuses on the critical policy areas of climate finance, youth engagement in climate action, and energy for development. These objectives are pursued through the effective implementation of its three main programmes: PISTA (Platform for Investment Support and Technical Assistance) is a climate finance mobilization facility based at the UNDP Rome Centre. Its overarching objective is to narrow the gap between the climate finance available and what is needed in developing economies, thus supporting their decarbonization efforts and transition to climate-resilient economies. PISTA provides technical assistance grants to prepare large, impactful climate change mitigation and adaptation Projects in developing economies and make them bankable and ready for investment. PISTA further connects such projects with interested financiers and aims to unlock blended finance from national and international financing instruments.Youth4Climate promotes youth engagement in climate action,



contributing to SDG13. Youth4Climate supports the implementation of youth-led and youth-inclusive solutions to environmental and climate challenges, both financially and through capacity development. It also gives young people around the world who are committed to fighting climate change a platform to engage with policymakers and global leaders. Energy For Growth in Africa aims to promote access to sustainable energy in developing countries, contributing to SDG7. The goal of the initiative is to assist partner countries in unlocking finance to scale up the diffusion of clean energy solutions, increase access to energy and boost the energy transition. The initiative aims to foster the mobilization of public and private capital toward projects aligned with the national energy strategies of the programme countries as well as the international policy agenda and the Sustainable Development Goals. It does so by connecting UNDP's capacity and connections in emerging economies and developing countries with the public-private ecosystem of Italy and other G7 countries, in the crucial sector of energy. **Duties and Responsibilities** **Financial Structuring and Investment Mobilization**: - Develop structured financing solutions for clean energy projects (e.g., blended finance, guarantees, local currency facilities).
- Engage DFIs, international banks, and climate finance facilities to mobilize resources.




- Draft financing proposals and develop risk mitigation strategies to enable capital flow into high-impact projects.
- Coordinate co-financing opportunities with donor-supported instruments and guarantee mechanisms. **Partnerships with financial institutions**: - Develop relationships with MDBs and DFIs such as AfDB, EIB, CDP, as well as other international investors deploying resources in Africa.
- Evaluate new partnership opportunities and build new relationships aligned with the Centre’s strategy.
- Implement structured engagement tailored to different financier types. **Project Origination and Knowledge Sharing**: - Provide financial expertise to shape a bankable project pipeline from UNDP Country Offices.
- Evaluate financial models, cost structures, and return profiles for strategic alignment.
- Support the building of financial expertise across the energy finance team.
- Contribute to knowledge sharing initiatives within the team and with UNDP country offices. **Market Intelligence and Advisory**: - Track investment trends, investor appetite, and financial innovation across the African energy landscape.
- Advise leadership on strategic capital deployment and financing strategies. The incumbent performs other duties within their functional profile as deemed necessary for the efficient functioning of the Office and the Organization. **Institutional Arrangement**: - Under the supervision of the Energy Finance Team Lead, the Finance Specialist will develop structured financing solutions for clean energy projects, engage on these with potential investors and develop partnerships with international financial institutions (MDBs, DFIs, private funds, climate finance sources, etc.). One of the key tasks will

📌 Energy Finance Specialist (Open to Tier 1 & 2 Applicants) (Roma)
🏢 United Nations Development Programme
📍 Roma