Location: Geneva, Switzerland
Type of position: L4S1
Application closing: 31 July, 2023
Type of contract: Fixed term until 31.12.2024, with possibility of extension
About Finance for Peace
Finance for Peace is a multistakeholder initiative by Interpeace that seeks to systemically change how private and public investment supports peace in developing and fragile contexts. It aims to create networked approaches that can co-develop the market frameworks, standards, political support networks, partnerships and knowledge required to scale up “peace finance” – investments that intentionally seek to improve conditions for peace.
Finance for Peace brings together investors, industry, norm setting entities, Development Finance Institutions (DFIs), governments, peacebuilding and development actors, civil society and local communities to further peace-positive investments. By building/enabling the creation of a market for peace enhancing finance, it aims to reduce risks for both investors and communities and achieve outcomes that are bankable and advance peace. By identifying critical frameworks and developing standards and principles, as well as key knowledge and innovative solutions, the initiative will help to create true additionality to investors, as well as more inclusive development.
Working with partners, Finance for Peace seeks to create standards and guidance for peace finance; develop market intelligence and evidence for scaling peace finance, and actively influence policy and partnerships for peace finance.
Finance for Peace is supported by the German Federal Foreign Office (GFFO) and builds on feasibility research supported by the UK Foreign and Commonwealth Development Office (FCDO) on a new sustainable investment category called peace bonds. Finance for Peace has been incubated by Interpeace.
For more information on the Finance for Peace initiative, please see our website: https://financeforpeace.org/.
Background rationale for the initiative
New solutions to finance peace and development in the world’s fragile and conflict affected places are urgently needed. Currently, most of the world’s extreme poor – some 1.8 billion people, almost a quarter of the world’s population, live in 57 conflict affected countries. Because of growing conflict, instability, and violence none of these countries are on track to achieve the Sustainable Development Goals (SDGs).
Sustainable development and peace ultimately require conflict sensitive and peace responsive private investment, but much investment cannot find its way to places of great need and opportunity because of risks related to peace, whether real or perceived. It is well known that greater investment is possible, the world’s financial resources of almost 300 trillion dollars dwarf the cost of achieving the SDGs.
Herein lies the problem: the peace actions that could reduce conflict and fragility risks and open these markets to greater investment are underfunded and poorly aligned. This is why we need to fundamentally rethink how peace and development is financed, and how private investment can become more conflict sensitive, reducing risks for both investors and communities.
While blended finance approaches have grown and have successfully catalysed significant private capital in developing countries, existing approaches largely do not focus on peace impact. Further, more work needs to be done to ensure blended approaches minimize not just risks to investors but also to communities in fragile and conflict affected settings.
The Finance for Peace initiative seeks to build on the global policy momentum across the major Development Finance Institutions (DFIs) and private investors to scale up investment in the world’s fragile emerging markets, enabling the creation of a market for peace finance.
Position within the Finance for Peace initiative and Interpeace
The Policy Officer will work with the rest of the Finance for Peace team to support the execution and delivery of four key workstreams:
These workstreams combine research, administrative work, policy engagement, as well as multistakeholder management. In particular, the successful Policy Officer will have to liaise with a number of external partners of the Finance for Peace initiative, including external consultants, academics, private finance, Development Finance Institutions (DFIs), government donors, civil society, the UN, peacebuilders and development actors. In this context, the Finance for Peace Policy Officer will be tasked with ensuring the delivery of key research and policy engagement material as well as supporting colleagues on key event logistics and related substantive material.
Within Interpeace, the Policy Officer will be of critical importance to liaise with the rest of the Policy, Learning and Advisory Unit, as well as with the Interpeace Global Management Team (GMT) and other relevant Interpeace staff to provide regular updates on the progress of the initiative. Within the Finance for Peace team, they will support the Executive Director, the Head of Standards and Market Intelligence, the Head of Partnerships and the Head of Research and Senior Peacebuilding Advisor with research, policy and engagement strategies and contribute to the development of substantive knowledge on key issues related to Peace Finance, included in the four workstreams listed above. They will summarise key content, research and findings for key stakeholders and work closely with other members of the Finance for Peace team (comprising another Policy Officer and a Communications Advisor) to adapt material to different audiences. They will also conduct a variety of administrative tasks, including preparing donor reports, working with finance colleagues on financial reporting and monitoring, and preparing contracts for external consultants.
The Policy Officer will initially report to the Interpeace Head of Research and Senior Peacebuilding Advisor, and will subsequently report to the Executive Director of the Finance for Peace initiative once that position will be filled in the Fall of 2023. The Finance for Peace initiative is a part of the Interpeace Policy, Learning and Advisory unit, but it is envisioned that it will become a foundation independent from Interpeace in the course of 2024.
Duties and responsibilities
Under the guidance of the Interpeace Head of Research and Senior Peacebuilding Advisor and of the Executive Director, the Policy Officer assumes responsibility for the following:
The successful candidate will have a strong general understanding of issues related to peacebuilding, development, ESG/Impact investing, Blended finance and the landscape of international development finance institutions and private financial institutions. The candidate should have strong desktop research skills, ability to quickly learn new concepts and prepare clear policy communication to different audiences. They will have strong project management and networking skills.
How to apply
Qualified candidates are invited to submit their application no later than the 31th of July via the following link:
Successful applications must include: