Thinking of a Career in Emergency Management?
- BY Nicole Pelette
Established in 1944, the WBG is one of the world’s largest sources of funding and knowledge for development solutions. In fiscal year 2018, the WBG committed $67 billion in loans, grants, equity investments and guarantees to its members and private businesses, of which $24 billion was concessional finance to its poorest members. It is governed by 188-member countries and delivers services out of 120 offices with nearly 15,000 staff located globally.
The WBG consists of five specialized institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). The World Bank is organized into six client-facing Regional Vice-Presidencies, several corporate functions and thirteen Global Practices to bring best-in-class knowledge and solutions to regional and country clients.
The Infrastructure Practice Group is charged with developing sustainable solutions to help close infrastructure gaps in developing and emerging economies. It comprises Energy and Extractives (EEX), Transport, Digital Development, and Infrastructure Finance, Public Private Partnerships and Guarantees (IPG). The World Bank’s active portfolio in Infrastructure consists of 400 operations, implemented by a workforce of over 700 staff in headquarters and 82 country offices. The core values guiding our work include our passion for sustainable poverty reduction, our willingness to put the needs of the client at the center of all our activities, and our honesty and integrity as a common currency
As part of the Infrastructure VPU, the Infrastructure Finance, PPPs and Guarantees Group (IPG Group) brings together the World Bank’s cross-sector infrastructure finance, PPP structuring, and analytics skills, as well as the Trust Funds and Financial Intermediaries that support those areas of development across the WBG. IPG helps WBG teams and client countries improve the quality and affordability of service delivery through sound infrastructure policies and investment programs; strong enabling environments; and bankable projects. We build our support around knowledge, tools, and experience that support informed choices on the role and value of the private sector in financing and delivering infrastructure, while deploying financial structures and instruments that sustainably manage, mitigate and reduce risk.
IPG Group provides, in collaboration with the World Bank Global Practices, IFC and MIGA, across the infrastructure investment cycle:
IPG consists of two units: Financial Structuring & PPPs (FSP), which manages IPG’s country client-facing work across the infrastructure investment cycle; and Infrastructure Programs and Analytics (IPA), which brings together IPG’s infrastructure knowledge and analytics team with its donor-funded Global Programs and provides corporate leadership of the WBG’s efforts to Maximize Financing for Development (MFD).
The Sr. Infrastructure Finance Specialist within FSP plays an important role in advancing FSP’s and the IPG Group’s overall agenda, focusing primarily on the midstream and downstream activities, in coordination with TTLs leading the operations.
Duties and Accountabilities: