Palestine_Sustainable Use of Natural Resources and Energy Finance (SUNREF)

The French Development Agency (AFD) has developed a green finance product called SUNREF (Sustainable Use of Natural Resources and Energy Finance) whose objective is to mobilize the financial sector of partner countries for renewable energy (RE) and energy efficiency (EE) investments as well as investments increasing overall environmental performance (reduction of pollutant emissions, environmental compliance, recycling).

AFD and the European Union (EU) intend to provide a loan combined with a grant to local banks. The total funds of the project amount to EUR 33 million. Parts of the funds are dedicated to finance a Technical Assistance under the project SUNREF Palestine.

Objectives of the project

The credit facility’s main objective is to support RE and EE investments in the Palestinian private sector. Its three key objectives are:

  • To create and mature a market for ‘Green’ investments reinforcing services and technologies with a positive environment/ climate impact in line with the strategic objectives of the EU Joint Programming and national policy objectives.
  • To improve capacity of local banks to appraise and finance ‘Green’ projects by providing medium to long-term funding, grant and technical assistance.
  • To raise public awareness for ‘Green’ projects among enterprises and individuals on inherent financial benefits and security of supply thereby stimulating innovation and development.
Qualifications: 

The Team Leader shall have the following skills and competencies:

  • Demonstrated experience in technical evaluation and design of simple and complex energy projects, strong background in EE and small-scale RE investments in SMEs and industry;
  • Experience in sustainable energy lending (credit lines) including :
    • Marketing such as product development and promotion
    • Understanding of Energy Project Financing and quantification of environmental benefits relating to energy projects,
    • Demonstrated experience on management of environmental and social risks for renewable energy and energy efficiency projects,
    • Proven track record in implementing and monitoring credit lines will be an advantage.
  • Demonstrated experience with the development and facilitation of energy and financing related training;
  • Capacity to assess gender-related issues, particularly in the private sector;
  • Experience with energy data analysis, simulation/modelling and risk analysis, project identification, and preparation of Facilities baselines would be beneficial;
  • Knowledge of the local energy, industry and banking sectors will be beneficial;
  • Effective interpersonal skills;
  • Excellent facilitation and communication skills (verbal and written);
  • Language skills in Arabic are considered a plus. If that’s not the case translating services should be included in the budget.

Are you intersted to coopertate with AFC in this upcoming project? Please upload your CV here