This position is based at our Luxembourg headquarters and requires regular office presence. The EIB offers you the opportunity to live and work in a truly international and multi-cultural environment. We also offer relocation support.

This is a full-time temporary position at grade 5.

The term of this contract will be 3 years; no extension or conversion of the contract is foreseen.

- internal benchmark Officer Advisory

The existence of this position is linked to the ‘Innovation Fund’ which is foreseen until 31/12/2031.

The European Innovation Fund (“IF”) is one of the world’s largest funding programs for the demonstration of innovative low-carbon technologies. It also serves as the EU fund for climate policy, with a focus on energy and industry; aiming to bring to the market solutions to decarbonise European industry and support its transition to climate neutrality while fostering competitiveness. The IF is a key funding instrument for delivering the EU’s economy-wide commitments under the Paris Agreement and the climate and energy priorities put forward in the REPowerEU Plan, the Hydrogen Bank, the Green Deal Industrial Plan, and the Net-Zero Industry Act.

The IF scheme was established under the revised EU Emissions Trading System (ETS) Directive and provides grant funding to innovative, low-carbon technology demonstration projects in energy-intensive industries, renewable energy, energy storage, carbon capture and use (CCU) or carbon capture and storage (CCS).

The EIB is delegated by the European Commission (“EC”) to provide Project Development Assistance (“PDA”) to Innovation Fund applications that require support to raise their financial and technical maturities, to increase their chances of reaching financial close and entering into operation.





The Advisory Growth Capital (“AGC”) Division is part of the Equity, Growth & Project Finance Department (EGPF) within the Operations Directorate. AGC provides upstream, project-related advice on priority RDI projects to enhance their access to finance, complementing the Bank’s lending and blending activities in the corporate and innovation finance fields. AGC is also responsible for delivering financial advisory in the form of PDA – as part of the Innovation Fund.

This role sits within the Innovation Fund unit within the Advisory Growth Capital (“AGC”) Division. It aims to deliver financial advisory services to projects that meet the Innovation Fund eligibility criteria.

You will report to the Head of Unit. You will also need to work with a certain degree of autonomy, maintaining external contacts with the EC and CINEA on Innovation Fund implementation, keeping them abreast of trends in the cleantech market, and representing the EIB at high-level meetings and/or at external events.

Purpose

You will appraise the financial maturity of EU Innovation Fund PDA beneficiary projects by evaluating the business case for each project proposal. You will provide financial advisory support to individual projects covering technologies such as carbon capture use and storage, renewable energy production and storage, hydrogen, sustainable fuels, maritime,



and energy efficiency; as well as be involved in cross-cutting initiatives such as thematic studies and outreach events, in order to promote the development of market and financing conditions in target areas, and the identification of advisory leads.

Operating Network

The successful candidate will report to head of Unit. You will need to work with a certain degree of autonomy, maintaining external contacts with the EC and CINEA on Innovation Fund implementation, keeping them abreast of trends in the cleantech market, and representing the EIB at high-level meetings and/or at external events.

Accountabilities

- Evaluates innovative cleantech project proposals from Promoters that request PDA support from the Innovation Fund, to determine their commercial viability. The projects will cover sectors and themes such as innovative renewable energy, energy storage, sustainable fuels, industrial decarbonisation, hydrogen, batteries, green manufacturing, and innovative transport, amongst others;
- Identifies and assesses weaknesses in the project proposal, determining the principal issues affecting bankability.
- Develops advisory plans/scopes of work for implementation to remedy key issues in the project proposal;
- Provides financial advice to Promoters: prepares business cases and develops sound and sustainable financing plans with a view to improving the overall bankability of these innovative projects, working in some cases with external consultants and in close collaboration with the European Commission and other EIB services;
- Uses sound financial and risk analysis to prepare projects for (re)application to the IF grant scheme (if desired by the Prom

📌 Cleantech Finance Adviser (Roma)
🏢 European Investment Bank (EIB)
📍 Roma