Senior Manager - Carbon Project Origination, Carbon Business

ReNew is seeking a Senior Manager for Carbon Project Origination to identify and develop carbon offset projects across India, Africa, and South Asia. The role requires expertise in carbon markets, sustainability, and financial modeling. Responsibilities include project origination, due diligence, structuring, and investment readiness. The candidate should have at least 8 years of experience in carbon markets and be willing to travel. This is a full-time position based in Gurugram, Haryana, India.
Job Purpose:-

We are looking for an experienced and entrepreneurial Senior Manager to join our growing Carbon Credit team. This role is pivotal in identifying, evaluating, and originating carbon offset projects across India, Africa, and South Asia. The ideal candidate will have a strong background in carbon markets, sustainability, and financial modeling, with hands-on experience in developing nature-based and community-level carbon interventions.

Responsibilities:

Project Origination & Lead Generation
• Scout and originate high-quality carbon offset projects in geographies across India, Africa, and South Asia.
• Build a pipeline of project leads through partnerships with NGOs, local communities, government agencies, and technical partners.
• Maintain a forward-looking strategy to align projects with future carbon market trends and regulatory frameworks.

Project Structuring & Due Diligence
• Conduct comprehensive due diligence including technical, environmental, socio-economic, and commercial assessments.
• Evaluate project feasibility, risks, and impact potential in alignment with international carbon crediting standards (e.g., Verra, Gold Standard).
• Ensure projects are structured for scalability and long-term carbon credit generation.

Project Categories
• Lead initiatives under:
• Nature-based Solutions (NbS): Afforestation, Reforestation & Revegetation (ARR), Mangrove restoration, Alternate Wetting and Drying (AWD) in paddy fields, etc.
• Community-based Projects: Clean cooking, safe drinking water access, decentralized renewables.
• Emerging Methods: Biochar and other innovative carbon removal technologies.

Investment Committee Readiness
• Own the end-to-end process of preparing investment memos and presenting high-potential projects to the Investment Committee for funding approval.
• Collaborate cross-functionally with legal, finance, sustainability, and operations teams to ensure alignment and readiness.

Financial Modelling & Business Case Development
• Develop and manage comprehensive financial models that reflect all key project elements including capex/opex, revenue forecasts, carbon pricing scenarios, and payback periods.
• Analyze sensitivities and present clear insights for investment decision-making.

Eligibility Criteria:
• At least 8 years of relevant experience in carbon markets, climate project development or carbon consultancy.
• Demonstrable track-record of sourcing or originating carbon projects.
• Experience in carbon markets, familiarity with key aspects of the market such as voluntary and compliance markets, registries, Article 6,ICVCM, etc. and main trends in the market.
• Bachelor degree in a relevant field.
• Financial modelling.
• Ability to travel within India and internationally.