Jamie is responsible for IFC’s climate strategy and policies, and delivery on its ambitious targets to make all investments Paris Aligned and 40% of its investment climate positive. In FY23, IFC committed a record $14.4bn in climate finance, representing 46% of all long-term finance investments. In July 2023, IFC began aligning all investment operations to the Paris Agreement.
Jamie joined IFC in 2005 and has led and contributed to a range of innovation and new business growth across IFCs investment, advisory and support operations. As Chief Investment Officer and Global Sector Lead for Renewable Energy, Jamie oversaw growth in annual commitments from $88m to $898m between 2005 and 2015, an annual growth rate of 30%. Jamie’s direct transaction experience includes corporate and project debt, equity and mezzanine investments in hydro, wind, solar PV, solar CSP, geothermal and biomass in Latin America, Africa, South and East Asia and the Middle East.
Jamie led the development of Scaling Solar (www.scalingsolar.org), which brings together a suite of World Bank Group services under a single engagement aimed at creating viable markets for solar power in each client country. This “one stop shop” program aims to make privately funded grid-connected solar projects operational within two years and at competitive tariffs. Now active in 5 African and 1 Central Asian countries with a pipeline of over 1GW, Scaling Solar has delivered 6c/kWh tariffs in Zambia, attracted the world’s top developers to challenging emerging markets and has inspired IFC’s corporate-wide ‘upstream’ strategy.
As Global Manager for Sustainability Leadership, Jamie led IFC’s efforts to drive adoption of good Environmental, Social and Governance standards across emerging market companies and investors, with over US$4.5trn invested over the past decade applying IFC’s Performance Standards. And as Director of Environmental and Social Policy and Risk Jamie built a new department to manage E&S risk across IFC’s new and portfolio investments and to maintain and update IFC’s policies which have become the global market standard (www.ifc.org/performancestandards)
As Global Director for Strategic Market and Business Development, Jamie led a corporation-wide change process to build IFC’s long-term investment pipeline creation practice across all industries and regions. Leading the creation of new teams, processes and products, Jamie helped to build a $34bn 5-year pipeline and grow annual conversions of that pipeline to $4.4bn in investment commitments.
Prior to his career at IFC, Jamie co-founded Credo, a boutique strategic consultancy in London, UK which is now in its 20th year of operation. Jamie began his career producing wildlife documentaries for the likes of BBC, Discovery and National Geographic, filming throughout Sub-Saharan Africa.
Jamie has a BA and MA in Zoology from Cambridge University, UK, and both a Master’s in Environmental Economics & Policy and an MBA from Yale University, USA.
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