About CPI

Climate Policy Initiative (CPI) is a global research and advisory organization in climate action with specific focus on tracking and enabling financial flows into climate-positive sectors. Headquartered in San Francisco, CPI works in places that provide the most promising potential for climate action, including Brazil, Europe, India, Indonesia, Kenya and the United States.

CPI works in various domains of climate including energy transition, industrial decarbonization, agriculture, forestry and other land use (AFOLU), adaptation and resilience and green finance. 

One of the major pillars of CPI’s work is enabling finance. Transitioning the world into a low-carbon, climate-resilient economy would need sufficient capital, and the current level of climate finance falls far short of the need. CPI works to facilitate redirecting of finance from high- to low-carbon activities. We provide much-needed information on climate finance flows, apply in-depth analysis to guide decision-makers in their efforts, and support innovation in finance to address investors’ needs and lower costs. 

As a part of enabling capital, we also manage project preparation facilities (PPFs) that utilize grants available from philanthropies to unlock finance for climate-positive sectors, as has been the case with PPFs in the distributed renewable energy (DRE) sector in India. US-India Clean Energy Finance (USICEF) was the first PPF managed by CPI that provided technical assistance funding to support early-stage project development activities of distributed rooftop solar and energy access companies, making them investment-ready for impact investors and lenders. The technical assistance grants helped facilitate capital mobilization of US$303 million from impact investors and commercial lenders for distributed solar asset creation of 365 MW.

Subsequent to the successful conclusion of USICEF in 2023, CPI is currently managing two follow-on programs – India Clean Energy Finance (ICEF) and India PURE Finance Facility (IPFF) – which have expanded our focus to downstream applications of DRE in energy storage, e-mobility/ electric vehicle charging, and livelihood-centric productive uses of renewable energy (PURE). We are also expanding our footprints in other countries in South Asia through similar programs related to enabling finance, with a dedicated focus on climate-positive and gender-inclusive models.

Position Summary

The Senior Analyst, reporting directly to the Senior Program Manager, would be a pivotal part of the project preparation facilities (PPF) team within CPI. This position combines financial acumen and analytical prowess with a zest for driving climate impact. The ideal candidate will bring prior experience related to financial analysis, sectoral understanding of energy and technology, and deal closure.

Primary Duties & Responsibilities

Outreach

• Anchoring or assisting in market outreach across project developers and enterprises, industry associations, and ecosystem enablers in clean energy on the one hand and investors, lenders, and climate funds on the other.
• Prepare or update program collaterals in coordination with the communications team; convene seminars, webinars, and workshops for the decentralized renewable industry.

Applicant Evaluation

• Following up with applicants to ensure timely receipt of proposals and information, conducting business, environmental, and financial analysis, and conducting site visits
• Writing appraisal reports/ memos incorporating all the facets of a case for presenting to the Advisory Committee

Transaction Advisory/Contract Management

• Finalizing scope of work for service providers with awardees and list and schedule of deliverables
• Engaging with the awardees over the process of selecting service providers, which could include their floating request for proposals (RFPs) and bid processing as per CPI templates
• Managing contracts, monitoring submission of deliverables by selected service providers, and interacting with Finance/ Accounts for grant disbursement
• Coordinating with beneficiaries on their impact self-reporting initiatives, collating individual reports for overall program reporting to the funder as per pre-determined KPIs for CPI.

Deal Closures

• Proactively reaching out to potential investors/lenders relevant to every beneficiary at an early stage, participating in deal negotiations with them, along with or on behalf of the grant awardee
• Complementing efforts of assigned financial advisors wherever needed
• Structuring and closing term sheets on behalf of the grant awardee

Structuring new PPFs

• Assisting in preparing the Operations Manual, Appraisal Template, KPI Reporting Format, and other documents in line with funders’ requirements
• Interacting effectively with partner organizations on knowledge sharing, relevant capacity building, and report preparation and submission.

Other roles

• Writing concept notes and pitch decks/presentations for innovative programs and reaching out to funders
• Preparing highly analytical thematic reports on select aspects of climate/climate finance like DRE, climate-smart agriculture, etc.
• Engaging with other stakeholders like financiers, industry, multilateral development banks (MDBs), Government institutions, funders, advisory agencies, etc. in possible areas of collaboration

Qualifications & Experience

The candidate should have a commitment to CPI’s mission and values and a passion for addressing climate change-related policy and finance issues. S/he should also have at least an active interest in working in the impact space. Besides, s/he should have the following credentials.

• A Post-Graduate in Management/Finance or Chartered Accountant or Chartered Financial Analyst or an equivalent experience
• Post-qualification experience of 5-8 years in relevant financial services, e.g., investment banking, private equity, transaction advisory, corporate finance, credit rating, and corporate banking.
• Proficiency in preparing financial projection models and deriving relevant ratios and valuation metrics

Desirable

• Demonstrated experience in closing term sheets from either the buy-side or sell-side as part of investment banks, multilateral development banks (MDBs)/ development financial institutions (DFIs), or acquirer/ acquiree entities

Competencies & Personal Attributes 

• An independent, analytical mind with an excellent track record of applying sound financial judgment to complex issues.
• Flexibility, professionalism, self-drive, and enthusiasm for working as part of a team, with minimum guidance
• An ability to interact with a diverse array of people.
• An ability to work under pressure and tight deadlines.
• Outstanding written and verbal communication skills, including fluency in English; ability to write appraisal reports or research reports quickly with depth of analysis and clarity of articulation
• Willingness to travel domestically and, on a need basis, internationally.

Location and Compensation

CPI is hiring for at least one permanent/fixed term, full-time Senior Analyst position based in Delhi/NCR.

CPI offers a competitive compensation and benefits package. Compensation will be dependent on experience.

To apply

 With your application, attach two documents: (1) a CV no longer than two pages and (2) a compelling cover letter no longer than one page setting out how you meet the requirements of the role and your motivations for wanting to work at CPI. 

Applications are accepted on a rolling basis and are open until filled out. Applicants are requested to apply early.

Only short-listed applicants will be contacted. 

CPI Commitment

Climate Policy Initiative is committed to diversity, equity, and inclusion (DEI), and we are working to embed DEI across every facet of our organization. We seek to establish a working environment where all board members, staff, volunteers, and contractors feel respected and valued regardless of gender, age, race, ethnicity, national origin, sexual orientation or identity, disability, education, or any other bias. We want to create an inclusive culture where all forms of diversity are openly valued as critical to the success of our organization and the achievement of our mission and vision. If you have any support or access requirements, we encourage you to advise us at the time of application. We will then work with you to identify the best way to assist you through the recruitment process.