Associate/Senior Associate- Emerging Markets & Developing Countries

Do you love navigating challenging problems, fostering partnerships, and turning research and analysis into meaningful solutions? Do you also have the self-motivation, curiosity, creativity and ability to persuade others toward impact? Are you passionate about a just and equitable climate future? If yes, then join our growing team!  

Individuals of underrepresented groups are strongly encouraged to apply! 

Mobilizing capital flows to emerging markets and developing countries through blended finance and multilateral modernization

The challenge

Public finance alone cannot mobilize the trillions of dollars necessary to tackle climate change on the timeline required to achieve a 1.5 C Paris aligned target. Therefore, to meet the mitigation and adaptation needs across the Global South, there is an urgent need to shift the mobilization of private capital from tens of billions a year to trillions. However, there continue to be impediments to utilizing public and private capital at the scale and rate necessary in emerging markets and developing countries (EM & DCs), where the public fiscal space is even more constrained.   

Constraints to the mobilization of private capital flow to EM & DCs are complex. Still, they include structural factors and impediments, most prominently perceptions of risk and an unfavorable risk-return nexus, constrained local capacity and real or perceived lack of 'bankable' project pipelines ready for financing. Moreover, while the multilateral system develops an increasing number of dedicated climate finance funds and blended finance mechanisms to support these countries – many led by MDBs and DFIs, these efforts are often not fit for purpose and fail to realize the rate and scale of private capital flows they promise.   

The solution

The climate challenges we face call for a systemic response to the structural issues faced by EM & DCs and improved multilateral alignment and modernization of international cooperation to ensure climate finance and the modalities to access finance are fit for purpose. RMI intends to support a significant increase in the flow of private capital to emerging markets and developing countries EM & DCs to meet transition needs through private sector investments supported by blended finance. RMI intends to leverage innovative blended finance opportunities to address clean energy market risks, allowing investors to adjust the risk-reward profiles of investments by lowering the cost of private capital. To achieve this, RMI will support countries in the global south to create enabling policy, regulatory and investment environments, as well as support countries to develop their energy transition project pipelines. RMI will also work with strategic partners to enhance and create new and innovative strategies and mechanisms to ensure the deployment of blended finance in EM & DCs. RMI will support innovative financing and de-risking options and financial instruments (such as restructuring debt and equity or high-risk pooling loans to bring down the risk and lower interest rates) to bring in local and global investment for new infrastructure projects. This approach to blended finance can help meet local energy and climate resiliency goals and create secure jobs. 

Furthermore, to unlock the trillions of dollars necessary to help the Global South adapt to climate change and scale clean energy solutions, multilateral processes and institutions must create more inclusive pathways to reach the scale of private capital inflows necessary to achieve net-zero targets. RMI will support processes to modernize multilateral systems necessary to unlock significant capital from a mix of public and private sources. RMI is ideally situated at the intersection of critical geographies, relationships with impact investors, and private and public development financing institutions to provide tangible and replicable examples of how this can be accomplished. To ensure that the multilateral system is "fit for purpose" to address these challenges, RMI will support the UN Secretary-Generals reform efforts and promote and support the modernization of key institutions, particularly multilateral climate funds, which support the global south in their energy transition.  

Position Overview 

RMI is seeking an Associate or Senior Associate (entry and mid-level research and collaboration positions) to join this exciting new initiative for mobilizing private capital to EM & DCs and modernizing multilateral systems so they are fit for the energy transition. You will work alongside the management teams across multiple RMI programs (The Center for Climate Aligned Finance, the Global South Program and Carbon-Free Electricity) to bring together the expertise across the institute supporting EM & DCs. 

As an Associate or Senior Associate, you are a creative problem solver who uses your quantitative, technical and analytical abilities to conduct compelling research and assessment around vital energy issues. You will collaborate with team members to craft visionary yet practical solutions for our research questions and objectives. We expect self-motivation, curiosity, creativity, the ability to drive oneself and others toward meaningful results, a passion for the clean energy transition, and a keen interest in international work. 

Specifically, we are looking for an individual with practical experience who will thrive in an environment where you are at the forefront of public and private sector engagement, convening and consensus-building. You will lead multiple research streams internally and collaborate in external research regarding the mobilization of private capital and the strategic use of blended finance in EM & DCs. Your work will also include research and analysis on the barriers, challenges, and opportunities faced in securing and structuring finance for climate investment. Likewise, you will work alongside RMI’s programs and partners to identify opportunities and mobilize private funding and international development finance for clean energy investments and projects.  

You will also map the landscape of bilateral and multilateral donor's climate change programs, particularly those of Development Finance Institutions (DFIs) and Multilateral Development Banks (MDBs). You will provide research to reimagine the relationship between MDBs/DFIs and the private sector. Your research will result in recommendations, contribute towards multilateral modernization, and support reform processes that help enhance the role of the private sector. You will play a key role in a shift from millions to trillions in private finance for climate investments in the global south. 

Application Deadline: 30 April 2022 

Key Responsibilities 

  • Contribute to RMI's thought leadership by performing research and analysis on the challenges and opportunities faced by EM&DCs in creating enabling environments for private sector

  • Support in mapping and identifying opportunities in the existing climate finance mechanisms across the MDB/DFI landscape 

  • Working across RMI, partner institutions and national stakeholders, research and support opportunities to address the impediments to scaling private sector investment into EM&DCs. 

  • Identify and support RMI’s participation in common platforms and collaborative opportunities with strategic partners to scale private sector and engagement and investment across MDBs/DFIs and multilateral funder landscape 

  • Analyze the system level and operation opportunities to make climate change and public-private collaboration as core mandates of MDBs to catalyze private sector investments in EM&DCs. 

  • Support work to generate 'bankable' project pipelines in RMIs critical geographies 

  • Develop and support the delivery of the key messaging for public and private audiences to communicate the benefits of public, private collaboration, blended finance, and investment in EM&DCs.  

  • Support stakeholder engagement and management at a range of institutions, including international financial institutions, multilateral climate funds, bilateral donors and development banks, national climate policymakers, and other technical assistance partners, nonprofits and research organizations 

  • Support the preparation of proposals, pitch decks, grant reports and other donor-facing materials 

  • Support the design and facilitating meetings and workshops  

  • Support communications efforts (e.g., through blogs and other digital content) 

  • Represent RMI at conferences and events internally and externally  

Senior Associate  


  • Lead and manage specific projects or workstreams with support from senior staff 

  • Provide core research, quantitative analysis, and support to projects 

  • Lead the preparation of program materials 

  • Prepare program materials  

  • Lead in the development and management of work plans for specific workstreams 

  • Develop materials to support strategy development and implementation; manage work plans for specific tasks 

  • Design and help execute external meetings, presentations, and workshops 

  • Preparing materials for engagement with stakeholders and communicating with external partners 

  • Lead in coordinating with external partners and international and national stakeholders and conducting outreach and supporting consultations; represent RMI externally 

  • Assist in designing, facilitating, and engaging in external meetings, presentations, and workshops 

  • Assist more senior staff in developing and designing strategy and fundraising products 

  • Conduct research and analysis to support other RMI programs    


Minimum Qualifications:   

  • Undergraduate degree in an applicable field, such as business/finance, economics, international relations, management, or related fields 

  • For Associate level, at least 2 years of work experience in a related field; for Senior Associate, 4+ years of work experience in a related field(or equivalent timeframe inclusive of a post graduate degree in a relevant field) 

Preferred knowledge, skills, experience, and competencies:  

  • Deep understanding of how one or more of the following organizations interact in the context of climate investments: foreign office or bilateral development agency, public and private financing institutions (commercial banks, private equity funds, insurance companies, DFI, MDB, multilateral climate funds) 

  • Familiarity with the international climate policy context, particularly global climate negotiations, and the variety of funds and initiatives that exist to help developing countries finance their adaptation and mitigation strategies

  • Familiarity and experience with country operating and investment environment contexts and challenges in EM&DCs – particularly with crucial factors driving bankability, financial structuring and advising national governmental stakeholders (e.g., in ministries of finance or equivalent offices responsible for national climate investment agendas)  

  • Experience with and knowledge of climate finance, sustainable development, and project finance for both adaptation and mitigation 

  • Experience at the nexus of public policy and private investment in energy and climate finance 

  • Experience planning or facilitating events and workshops (both in-person and virtual), and strong external engagement skills 

  • Excellent writing and verbal communication skills 

  • Proficient in Microsoft Office Suite  

  • Ability to work both independently and as a highly collaborative team player 

  • Ability to work in a multicultural environment 

  • Ability to work under pressure and with multiple deadlines 

  • Problem solver who is willing to develop and share ideas internally and externally 

  • Graduate degree in an applicable field 


This position will remain remote through the COVID-19 pandemic. However, once the COVID-19 situation improves, it is expected that the successful candidate will live near one of RMI's U.S. locations, with a preference for New York, NY or Washington, DC.

Important Note: As a U.S. federal contractor, RMI must comply with requirements outlined Executive Order Ensuring Adequate COVID Safety Protocols for Federal Contractors. This Executive Order requires that all federal contractors and subcontractors mandate and verify that all U.S. based employees are fully vaccinated against COVID-19. If you are based in the U.S., you will be required to provide proof of full vaccination status as a condition of employment. You may request accommodation for medical or religious reasons. If you are based outside of the U.S., this requirement does not apply. 


RMI compensates based on the level and requirements of the role. Salary within our ranges may also be determined by your education, experience, knowledge, skills, and abilities, as required by the role, as well as internal equity and alignment with market data. Typically, new Associates, join at the minimum to mid salary range of $70,000-$82,000, and Senior Associates from $79,000-$93,000. You would also have an additional 5% bonus target.   


We offer a comprehensive benefits package adjusted to regional norms, including (for U.S. employment):     

  • Medical, dental, vision insurance    

  • 403b retirement options (5% match immediately)    

  • Life, AD&D, short-term and long-term disability    

  • Professional and personal development (including LinkedIn Learning access)    

  • Generous paid time off   

  • Parental leave    

  • Commuter and wellness benefits    

  • Casual work environment        


Increasing the diversity of thought, perspectives, ideas and opinions within RMI is a critical change element supporting our long-term sustainability and mission to build a clean, prosperous, and secure energy future.    

We strive for a level of diversity that reflects the communities we serve. Achieving this—regardless of ability, race, ethnicity, ancestry, age, gender, sexual orientation, religion, marital status, socioeconomic class, educational attainment or other social identities—is critical to the success of each RMIer and collectively as an organization, ensuring that we:      

  • Have the different array of thinking that comes from diverse backgrounds and cultures, enabling us to solve some of the world's greatest challenges.    

  • Strive for a culture of inclusion and belonging by treating others with dignity, respect and appreciation enabling them to feel welcomed, supported and valued.    

  • Effectively connect, communicate and build long-lasting relationships with decision makers, stakeholders and constituents within diverse communities.       

 Rocky Mountain Institute is an Equal Opportunity Employer.   All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.    

About RMI  

RMI is an independent nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to align with a 1.5°C future and secure a clean, prosperous, zero-carbon future for all. We work in the world’s most critical geographies and engage businesses, policymakers, communities, and NGOs to identify and scale energy system interventions that will cut greenhouse gas emissions at least 50 percent by 2030. RMI has offices in Basalt and Boulder, Colorado; New York City; Oakland, California; Washington, D.C.; and Beijing. 




JOB CODE: 1000643