Climate Economics Analyst

Description

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  The Macroeconomics, Trade and Investment (MTI) GP provides broad macroeconomic analysis in support of countries’ economic programs, including the analysis of macro-financial risks, and macroeconomic modelling services to the rest of the WBG. MTI supports sound fiscal frameworks and fiscal risk management as well as better institutions and capacity on debt management to improve efficiency of public spending and bolster macroeconomic stability.
• The Finance, Competitiveness, and Innovation (FCI) GP, consisting of two directorates (the Finance directorate, and the Trade, Investment and Competitiveness (TIC) directorate) aims to support client countries to create an enabling environment in which financial stability, efficiency and firm-level solutions are provided in an integrated way to crowd in the private sector, support the creation of markets, and accelerate equitable growth.
• The Governance GP (GOV) helps countries build capable, effective, accountable, transparent, and inclusive institutions that deliver citizen-centric services, facilitate private-sector growth, and build trust in government; and provides fiduciary support to all Bank operations.
• The Poverty and Equity GP (POV) consists of micro, labor, and development economists to build the evidence base, provide advice and operational support to ensure country policies and WBG interventions are inclusive.
• The Prospects Group provides analysis on global economic and financial developments and their impact on emerging market and developing countries. It is responsible for the publication of the Global Economic Prospects report, the Commodity Markets Outlook and Global Monthly.
• CGAP is a global partnership of more than 30 leading development organizations that works to advance the lives of poor people through financial inclusion.

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  Technical guidance on fiscal strategies for combining climate and macroeconomic progress: While the low-carbon transition can be a major macroeconomic burden for developing countries, it is equally possible to design climate policy such that it enhances conventional macroeconomic policy objectives. Achieving this integration is, however, technically challenging for country teams. The Analyst will support projects advancing this integration, working on technical analyses on fiscal policy designs for combining climate and macroeconomic progress.
• Integration of climate considerations into core macroeconomic assessments: The Analyst will provide hands-on technical support to teams for climate-smart Public Finance Reviews, Country Economic Updates, Growth Diagnostics Reports, and Systematic Country Diagnostics.
• Integration of macroeconomic considerations into central, economy-wide climate strategies: Most developing countries have made binding international commitments to regularly update and submit national climate action plans (NDCs) and many are preparing long-term strategies (LTS). These plans guide unprecedented macrostructural change, but the perspectives of finance ministries are often poorly included. The Analyst will contribute to technical studies and advisory programs for finance ministries on the fiscal and macroeconomic implications of NDC and LTS, including the balance of revenue-raising and expenditure interventions, General Equilibrium effects, macrostructural change, and the alignment with broader national development and growth strategies.
• Pioneering the roll-out of new country-level technical analyses in key climate-fiscal priority areas: The Analyst will support projects seeking to develop best-practice technical approaches for reducing conflicts between climate priorities and deteriorating fiscal space, such as revenue-raising approaches like environmental taxation and fuel-subsidy reforms, revenue-neutral systems like Feebates, and measures to quantify and manage climate-related fiscal risks.
• Integration of climate measures into policy lending: The World Bank seeks to increase the proportion of climate reforms supported through its policy lending (Development Policy Financing). The Analyst will support efforts to not only raise the quantity of these measures but also to better integrate climate measures into the core macrostructural, growth and institutional objectives of these loans. The Analyst will support projects pioneering approaches how growth-oriented fiscal climate measures can become a more natural component of macroeconomic DPFs.
• Connecting fiscal and financial stability programs on climate macroeconomics: Many central banks are collaborating on climate risks to financial stability. The ideal candidate would be able to support dialogue with central banks, especially on issues that affect fiscal policy, such as the effect of climate-induced financial instability for fiscal risks and debt.

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  Development of analytical tools: To make it easier for MTI Country Economists to integrate climate considerations into their work programs, to raise technical quality and consistency across projects, the Analyst will be collaborating with peers from across Regions to develop and improve analytical tools, diagnostics, and models.
• Trainings: The Analyst will support the roll-out of trainings on climate-macro issues for Country Economists and country clients.
• Global knowledge products: The Analyst will engage in global knowledge products to push the global frontier on the core unsolved analytical climate-macro issues constraining EFI.

Selection Criteria

• A master’s degree in economics or a closely related discipline with at least 3 years of experience or an equivalent combination of education and experience.
• Proven analytical skills in climate economics and in using models of fiscal policy is required.
• A track record of publications in the macroeconomics and fiscal policy of climate change is a strong plus.
• Operational experience in Development Policy Operations and other lending projects that include environmental fiscal reforms as a component of wider reform would be an asset.
• A track record of report writing and communications skills, including the ability to present complex analyses to non-specialist audiences.

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  Ability to work flexibly on a range of assignments and adjust to a variety of complex evolving tasks to meet tight deadlines.
• Ability to apply economic and econometric tools to environmental, fiscal and growth sustainability.
• Outstanding written and verbal communication skills - A strong command of all forms of communication, delivering messages in a consistently effective, timely and engaging manner.

World Bank Group Core Competencies

The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

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