Background
C40 is a network of nearly 100 mayors of the world’s leading cities, who are working to deliver the urgent action needed right now to confront the climate crisis, and create a future where everyone, everywhere can thrive. Mayors of C40 cities are committed to using a science-based and people-focused approach to help the world limit global heating to 1.5°C and build healthy, equitable and resilient communities. Through a Global Green New Deal, mayors are working alongside a broad coalition of representatives from labour, business, the youth climate movement and civil society to go further and faster than ever before.
C40’s team of 400+ staff is based in offices in London, in New York, Johannesburg, Singapore, Delhi, Rio de Janeiro, Copenhagen, Beijing and Paris, and individual staff based across 25+ different locations.
The strategic direction of the organisation is determined by an elected Steering Committee of C40 mayors, which is chaired by Mayor Sadiq Khan of London and Mayor Yvonne Aki-Sawyerr of Freetown. Three-term Mayor of New York City Michael R. Bloomberg serves as President of the C40 Board of Directors, responsible for operational oversight. A regionally diverse management team, led by Executive Director Mark Watts, leads the day-to-day management of C40. C40’s three core strategic funders are Bloomberg Philanthropies, the Children’s Investment Fund Foundation and Realdania.
Our international staff work with the C40 network under the leadership of city governments to deliver this mission. Using a data-driven approach, our team identifies and promotes the exchange of proven programmes and policies developed by cities; provides world-class research, technical expertise and access to key partners to deliver new programmes and policies with cities; and communicates cities’ individual achievements and collective leadership.
Diversity Statement
C40 is committed to supporting and promoting equity and diversity and creating an inclusive working environment for everyone. We believe that when people with different life experiences are involved in decision-making, we deliver better.
We believe having a diverse workforce ensures we connect better with all the different communities and people affected by the climate crisis. This enables us to make better decisions which lead to better outcomes in the work we do through increased creativity, productivity, greater global impact alongside a broader perspective and approach to our work.
We welcome applicants that are diverse in terms of age, gender identity, sexual orientation, physical or mental ability, ethnicity and perspective. Our goal is for C40 to be an environment where everyone, from any background, can flourish and can be themselves whilst contributing to our mission. If you identify as a person with a disability, we work to provide reasonable appropriate measures and any additional support needed to provide an equitable working experience. If you are living with a disability, chronic illness or neurodiversity please inform us, to provide you with the proper assistance in the application process.
C40 promotes a work culture where staff can input to improve equity, diversity and inclusion through staff-led groups and formal forums. We know that creating our ideal working environment is a learning process and we are committed to the ongoing effort.
Department Description
Core to C40’s value and effectiveness is an ability to be responsive to the needs of all C40 cities and focus services and support on the areas of greatest opportunity for city action and climate impact – both at the individual city level and across our regional and global networks. Our regional management structure better enables C40 to leverage relationships between peer cities and technical and financial partners regionally and globally and to be more responsive to local needs and conditions.
To manage these efforts, C40 Regional Directors are positioned in seven regions: Africa, Europe, North America, Latin America, East, Southeast Asia and Oceania, Central East Asia, and South & West Asia. The Regional Directors, guided by the C40 Regional Business Plans, act as the ambassadors for their regions, to ensure that the organisation can deliver effectively at a regional level considering specific geographic, cultural, language and other differences.
Team Description
This post sits within the India team of the Regions & Mayoral Engagement department. This team is responsible for managing the delivery of climate action for the C40 cities in the region. The team is led by the Regional Director, along with the Director of Implementation, who are ultimately responsible for the implementation of cities’ Climate Action Plans, C40’s Regional Business Plan, Leadership Standards and High Impact Actions, and the objectives agreed with government, philanthropic and commercial donors.
The position will be part of a team managing and coordinating the day-to-day delivery of this and zero emission mobility projects in India. They will work closely with the rest of the regional team in India, and other C40 colleagues working on transport, finance, inclusive climate action, air quality, business engagement, etc., to provide input, insights and support on the adoption of inclusive, fair and just approaches to accelerate the deployment of zero emission freight in India. C40 aims to provide cities with the adequate tailored resources they need so the implementation of climate actions have a transformative impact in urban systems, governance and socio-economic structure.
Position Description
Senior Manager, Infrastructure Project Finance, India will be responsible for the delivery of a finance workstream that supports deployment of zero emission vehicles in India. The post-holder will play a key role in steering the Finance strategies and activities for the Laneshift Initiative to decarbonise freight and partnership activities for zero emission vehicles in the region.
The post-holder will also play a key role within a project whose primary objective is to accelerate the deployment of zero emission mobility in Indian cities in a way that is fair and inclusive. The post-holder will work to ensure cities and stakeholders receive timely, relevant, and effective technical and strategic support on finance that leads to on-the-ground results. This will entail working closely with governments, private sector companies, vehicle owners and operators, public and private finance institutions, consultants, data aggregators, utilities and other stakeholders to identify and systematically overcome finance barriers within each city and across the region.
The position will also be responsible for supporting C40 cities in India in increasing investment in critical climate activities and infrastructure. Among a range of tasks, this work will include supporting mainstreaming of climate activities into municipal financial operations, delivering capacity-building support for city officials, developing finance or funding strategies for key projects, facilitating connections between city government staff and financiers, and working to improve the enabling environment for climate investment.
The post-holder will engage with public and commercial financial institutions, government actors, philanthropic funders, project preparation facilities, and other financiers or investors to support implementation of city climate action plans. They will work as part of a team providing in-depth support to develop roadmaps for high impact policy implementation in strategic sectors like energy, buildings, transport, and resilience and help establish business cases for the same through modelling, feasibility assessments, communicating costs and benefits, and peer-sharing.
Senior Manager, Urban Infrastructure Finance, India, will report to the Regional Director for South and West Asia and be supported by C40’s global City Finance and sectoral programmes through a matrix management structure.
Responsibilities
- Lead the finance workstream of the Laneshift Initiative, focused on decarbonizing freight transport in India.
- Over 8-10 years of experience related to finance, transportation, infrastructure and public transport sector, economics, and climate change in India;
- Develop a multi-pronged finance support strategy that addresses finance challenges related to freight decarbonization for a range of stakeholders;
- Build on the laneshift initiative business engagement, project demonstration and investor consultations so far to support the transition to zero emission freight in the region;
- Oversee landscape analysis of finance needs, knowledge gaps, partners, national/state/city financial powers, technology options and costs, and other factors related to freight decarbonization to be used as the basis for a finance workstream strategy;
- Support work with national/state/city in identifying and assessing possible market segments to be targeted for zero emission freight;
- Lead outreach effort to financiers, including multilateral banks, national development finance institutions, asset managers, private equity, impact funds, pension funds, etc.
- Engage new financiers and investors, including credit providers (MDBs, NDBs, commercial banks, DFIs, etc) interested in investing in e-trucks projects in India;
- Secure commitments from key freight stakeholders and support development of finance mechanisms for e-freight in the region; to deliver on the milestones and key performance indicators;
- Build relationships and engage substantively with a network of finance providers with the goal of increasing investment in zero emission urban freight;
- Lead a range of capacity building and peer support activities to strengthen capacity to attract and utilise funding/finance for decarbonizing freight;
- Develop a multi-pronged finance support strategy that addresses finance challenges related to the implementation of inclusive city climate action in Indian cities.
- Lead a range of capacity building and peer support activities to strengthen capacity to attract and utilise funding/finance for inclusive city climate action
- Collaborate with City Finance Program to bring their experience and expertise in organizing capacity building events with city staff
- Work with the Senior Manager, Clean Transport Finance, and the Head of City Finance to ensure alignment with global programs and partnerships, as well as capture key lessons for a global audience
- Procure and manage consultants supporting relevant aspects of the finance workstream and work with consultants and regional partners to support technical assistance needs related to finance;
- Support delivery of Finance Academies and Investor/Business Roundtables;
- Support the programme reporting KPIs, including organisation of data sources and analysis regarding finance workstream;
- Support on communications related to finance, zero emission vehicles, fair and inclusive finance and funding of city climate action in India
- Represent C40 at relevant events or speaking engagements
- Draft and review presentations, reports and other documents as necessary
- Other duties as required
Person Specification:
- Degree in a discipline and/or professional qualifications related to Finance, Economics, Transport Sector, or a related field.
- Experience in design and development of finance programs to unlock EV financing market in India and knowledge of relevant business and financial models supporting the transition.
- Extensive finance experience in government, business, research and/or NGO sectors with a focus on inclusive climate action related policy and programmes in India.
- Knowledge of global best practices and approaches to financing decarbonisation at the municipal, national and international level, required; advanced degree in relevant discipline preferred.
- Experience with business case development, financial modelling and/or quantitative analysis of freight or transport infrastructure in relation to climate change is desirable
- Demonstrable project management experience, including oversight of concurrent activities and consultants
- Strong strategic thinking capabilities coupled with an outcome, delivery-orientated approach
- Strong abilities to work with others, both as a facilitator and an agenda driver with a highly collaborative approach to problem solving
- Experience working with complex multi-stakeholder partnerships with an emphasis on prior experience engaging banks, non-bank financial institutions, capital markets authorities, logistics operators, government officials, project investors, etc.
- Experience in peer reviews and writing reports, policy briefs, and related documents;
- Ability to communicate complex content in a compelling manner
- Demonstrated convening and facilitation skills
- Fluent in English (spoken and written).
Other Requirements:
Applicants must already have the right to work in India. Moderate travel will be required as part of the role.
Reporting To: Regional Director, South and West Asia
Term: (Grade 3) INR 2,411,579 (gross per annum) (The appointment and the duration of the role are subject to the final approval of funding)
Location: Bangalore, Chennai, Delhi, Mumbai
Salary: (Grade 3) INR 2,411,579 (gross per annum)
Application Process:
Closing date for applications is Friday 10th January 2025 at 12pm GMT. C40 reserves the right to close this job opening before the closing date for applications so please do submit applications early.
To learn more about the work of C40 and our cities, please visit www.c40.org, follow us on Twitter @c40cities and like us on Facebook at http://www.facebook.com/C40Cities.
For any queries about the role, please contact careers@C40.org. Kindly note that this email address is for recruitment related queries only. We are unable to accept CVs and cover letters sent to this inbox. We can only accept and process applications that are submitted via our website.
C40 is an equal opportunities employer.
