Investment Intern - Energy
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.
ASEAN Power Grid (APG) – APG is a regional initiative aimed at enhancing energy security, sustainability, and integration among the 10 member states of the Association of Southeast Asian Nations (ASEAN). It seeks to create a multilateral power trading platform by interconnecting the national electricity grids of ASEAN countries. The Bank is working with ASEAN Secretariate, ASEAN Center for Energy, and other DFIs to support this initiative through various financing instruments.
Climate Policy – The Bank has recently approved Climate Policy Based Financing (CPBF). Most ASEAN countries have NDC commitment and set carbon neutrality target. It is thus important that policy is supporting these countries to meet its target and commitment through primarily successful energy transition. AIIB’s CPBF is to provide budget support to member governments for their responses to climate change, including both climate mitigation and adaptation.
Responsibilities:
The Intern will support the research and preparation of different initiatives under APG. Activities include, but are not limited to:
- Researching and reviewing technical reports on APG, including the 18 ASEAN Power Grid interconnection projects.
- Collaborating and coordinating with other development partners on APG.
- Identifying bankable projects, engaging in discussion with relevant counterparties, and performing necessary technical and economic analysis.
The Intern will support the research and preparation of CPBF projects. Activities include, but are not limited to:
- Researching and reviewing climate related policies and actions in targeted countries.
- Identifying business cases, coordinating with line ministries and logistics service providers to organize investment scoping discussions and workshops.
- Performing sector and economic analysis and preparing the project document.
Requirements:
- Currently enrolled in a Master’s or Doctoral program, specializing in electrical engineering, power engineering, energy system, climate science, energy policy, economics (with a focus on environmental or development), or other related subjects.
- Academic or professional experience related to climate change and energy transition, especially with a focus on ASEAN region and/or emerging economies, power grid, including but not limited to power system analysis, high voltage connection, smart grid technology, off-grid system, etc.
- A team player with excellent communication skills.
- Candidates could submit a one-page cover letter stating the relevant experience and interest in the internship position (preferred, but not mandatory).
- Fluent in oral and written in English and another ASEAN country language (preferred, but not mandatory).
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.
* Closing Date: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed.
** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualified applicants, regardless of religion, gender, race, disability, sexual orientation or nationality.