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Organization: GGGI - Global Green Growth Institute
Location: Budapest | Seoul
Grade: Mid level , X8
Occupational Groups:
Economics
Closing Date: 2024-06-17
Economic Analyst
Economic Analyst – Macroeconomic Analysis of Low Carbon and Climate Resilient Development, South Korea or Hungary
INTRODUCTION TO GGGI
The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.
PURPOSE
The Economic Analyst will, through provision of evidence-based macroeconomic modelling and economic analysis, help key stakeholders in member and partner countries to understand the costs and benefits of low carbon and climate resilient development pathways in specific sectors, such that they can take informed decisions regarding the development of Long-Term Low Emission Development Strategies (LT-LEDS) and National Adaptation Plans and enhancement of their National Determined Contributions (NDCs) while at the same time greening their economies.
ENGAGEMENT
The Economic Analyst will report to the Principal Economist/ Lead of the Macroeconomy team. S/He will conduct research and analysis and engage with colleagues across CAID and the Investment and Policy Solutions Division (IPSD), as well as country offices to provide evidence based economic research and modeling to support member and partner countries in enhancing their NDCs, developing their LT-LEDS and NAPs and analyzing and planning countries’ green economy pathways.
DELIVERY
The Economic Analyst is expected to:
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Analyze data and information, assess results and draw conclusions, develop models, prepare and present results to internal and external stakeholders, and draft and compile technical and policy reports;
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Conduct macroeconomic assessment and cost – benefit analysis of low carbon and climate resilient actions and scenarios;
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Produce evidence – based research and modelling to show the macroeconomic impacts of economies’ decarbonization to assist countries in developing their low emission development and climate resilient strategies and analyze pathways of greening of their economy;
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Provide evidence and advocate green growth and green economy as the avenues to deliver economic development with employment benefits while achieving long term low carbon development and climate resilient, demonstrate GGGI’s strength in this area, by supporting GGGI’s participation in conferences, seminars, capacity building, and knowledge sharing programs;
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Contribute to knowledge and insights on topics related to the macroeconomics of climate change and green growth, and making this knowledge available and accessible to policy-makers and the public through various publications and outreach methods;
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Contribute to innovative economic analysis and modelling in low carbon development and climate resilient plans and strategies, in alignment with the organization’s strategic objectives and partner countries’ needs and expectations, such as national-level economic analyses and macroeconomic modelling of climate change and green growth, including assessment of economic damages and losses of climate change, green economy assessment and modelling, green fiscal policies assessment and analysis of low carbon investment opportunities;
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Provide technical know-how and economic modelling services as part of the CAID unit to country programs in support of operational/country teams;
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Advocate green growth through economic analytical insights gained from country activities, and findings from knowledge sharing, South-South cooperation, and country-level capacity building activities;
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Share GGGI knowledge externally and contributing to GGGI’s participation at international events, knowledge networks, and other fora.
QUALIFICATIONS
REQUIREMENTS
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A Master’s degree or PhD in economics, econometrics, macroeconomics, environmental/ ecological economics, or related area is required.
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At least 5 years of relevant experience in macroeconomic modelling, or economic forecasting in the context of low carbon and climate resilient development.
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Experience in one of GGGI’s thematic focus areas (sustainable energy, sustainable landscapes, sustainable cities, etc.), other relevant disciplines (climate change, green growth, environment), or a combination of these is preferred,
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Experience in international organizations and/or in government sector, working with developing countries is a strength. Proven record of providing analytical and technical advisory services to developing countries is a plus.
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Experience in cost-benefit or marginal abatement cost analysis for climate mitigation and/or climate adaptation is required,
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Solid experience in applied economics/econometrics, research, and quantitative analysis in one or more thematic areas related to climate change and low carbon and climate resilient development,
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Experience on System Dynamics modelling, Input – Output modelling, use of Social Accounting Matrices, or Computable General Equilibrium modelling in the context of climate change, carbon emissions or environmental policy is an asset,
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A clear understanding of The Paris Agreement, Long Term – Low Emission Development Strategies and Nationally Determined Contributions and related concepts is strongly preferred,
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Comprehensive understanding of the concept of green economy and of economic policy and regulatory approaches in developing and emerging economies and of recent developments and global trends.
FUNCTIONAL
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Ability to communicate effectively including strong oral and writing skills to publish technical reports, policy briefs, journal papers on topics relevant to economics of climate change and green growth,
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High degree of professional integrity, work successfully as part of an international team effectively, deliver expected outputs on time, effectively communicate with and listen to others, and coordinate across the organization and with external partners.
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Willingness and ability to travel (Regionally and Internationally)
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Fluency in English. A working knowledge of French or Spanish is an asset.
CORPORATE
- Understand and actively support GGGI’s mission, vision, and values.
- Promote the optimum use of public resources.
- Promote an organizational culture of trust, transparency, respect, and partnership.
- Process and share information easily.
- Manage emotions and stress positively, build rapport and resolve conflict easily.
- Promote creativity and innovation among staff.
- Be able to lead where needed and provide solutions to project-level challenges.
WORKING CONDITIONS
This is an X8 international grade level in GGGI’s salary scale, stating from USD 64,920. Determination of base salary is subject to candidate’s experience, academic background and internal equity. GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance that covers dental and vision.
GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members to achieve a better balance between work and personal/family commitments, thus ensuring high performance, long-term productivity, and well-being of Staff members.
Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.
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