[INT]Investment Solutions Intern (5898)

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

AIIB has introduced Climate-Focused Policy-Based Financing (CPBF) as a new instrument supplementing AIIB’s Sovereign-Based Financing (SBF) offerings. This new financing option aims to support AIIB Members in their efforts to achieve their national climate transition objectives. 

The CPBF will support AIIB Member-led policy and institutional reform programs that are aimed at scaling up climate finance and accelerating Members' transition to a low-carbon and climate-resilient future. It will prioritize reforms that increase adaptation finance, mobilize private capital, and increase the supply of bankable infrastructure investments. More information can be found here: Climate-Focused Policy-Based Financing.

Responsibilities:

The intern will support the department in strengthening its approach to CPBF through the following activities:  

• Research, identify and collect data on policy-based financing operations approved by various multi-lateral development banks (MDBs) (including but not limited to the World Bank Group, Asian Development Bank, African Development Bank, Islamic Development Bank, and Inter-American Development Bank).  
• Create a database of relevant operations approved in the last five years by MDBs and/or development partners. The database should include information on policy actions matrix, indicators used, national policies/strategies addressed, prior actions undertaken, focus sectors/subsectors, amount of financing, year of approval, implementation and closing, and web-links from peer websites.  
• Identify and list the key climate assessment publications across peer MDBs, international organizations, civil society organizations, research institutions/bodies and any other relevant actors, to create a database/repository of the same for AIIB members.  
• Synthesize insights so collected to provide recommendations potentially informing future program design and enhancing operational insights for AIIB staff. 

Requirements:

• Currently enrolled in a Masters or PhD program, preferably specialized in public policy / development economics /climate science / environmental sciences. 
• Passion for international development/ climate finance. 
• Excellent communication skills. 
• Great team player. 
• Fluent in oral and written English. 

AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.