Lowongan Kerja Jakarta Raya Posisi Indonesia: Climate Finance Sr. Advisor di Global Green Growth Institute (GGGI)

The GCF works through its accredited entities to channel their funding to developing countries. National Direct Access Entities (DAE) are one of the GCF’s distinct approaches designed to help developing countries increase their ownership of climate change funding and better integrate it with their national climate action plans. For the countries, obtaining direct access to climate funding allows them to flexibly tailor projects to meet domestic priorities, coordinate and monitor projects due to geographical proximity that allows for better communication among parties, and eliminate various costs associated with planning, coordination, and implementation. Direct access may also help to better integrate local context in climate projects and programs and enhance the transfer of local knowledge and experience.

Indonesia prioritizes candidate DAE accreditation to ensure effective and efficient engagement with AEs. Currently, priority is given to banking and financial institutions to encourage financing of small, medium, and large projects in various sectors, and enable more innovative and flexible financing instruments. Moreover, banking and financial institutions are formally regulated by Indonesia’s Financial Service Authority (OJK). Indonesia has one financial institution that is accredited as DAE, namely PT SMI, and two financial institutions that are nominated DAEs – Bank Artha Graha Internasional, and Bank CIMB Niaga.

The Climate Finance Sr. Advisor (hereafter referred to as “the Consultant”) will work closely with the GGGI Readiness Team and the NDA to support two high-level outcomes of Indonesia’s GCF Readiness project:

1. Direct access applicants and accredited entities (DAEs) have established the capacity to meet and maintain the GCF accreditation standards; and accredited DAEs have the capacity to develop a pipeline of projects and effectively implement GCF-funded activities.
2. Strategies for transforming and attracting private sector investment for low emissions and resilience will be developed and used.

DELIVERABLES AND PAYMENT SCHEDULE

The Global Green Growth Institute requires the services of a qualified expert to act as the Climate Finance Sr. Advisor (hereafter referred to as “the Consultant”) to the NDA of the GCF in Indonesia. The consultant shall work under the guidance of the NDA and GGGI team and attend regular coordination meetings with NDA and GGGI with the scope below within two focused workstreams:

Workstream 1: Improve existing and nominated DAEs’ capacity and project pipeline.

1. Develop policy and strategy recommendations to address governance and institutional capacity for PT SMI, Bank Artha Graha Internasional and Bank CIMB Niaga, including a clear approach on design and plan for climate project/program development and implementation.
2. Lead the consultation with Ministry of Finance and Financial Services Authority (Otoritas Jasa Keuangan – OJK) to discuss and confirm the policy and strategy recommendations for PT SMI, Bank Artha Graha Internasional and Bank CIMB Niaga.
3. In collaboration with other consultant (Internal Standards Development Consultant), lead the provision of technical support to  the nominated Direct Access Entity (DAE) candidates, Bank Artha Graha Internasional and Bank CIMB Niaga to build individual and organizational capacity, especially in climate change project development and management, as well as to design/upgrade internal policies in accordance with GCF’s fiduciary principles and other fiduciary standards as applicable.
4. Collaborate with the Internal Standards Development Consulting Firm in providing high quality technical inputs in relation to the climate finance landscape for Bank Artha Graha Internasional and Bank CIMB Niaga during the preparation, submission, and along the accreditation process.
5. Evaluate the accreditation process within all nominated Indonesian entities to accelerate any future accreditation process, evaluate the whole process to develop a report on lessons learned, and share the lessons with the NDA. Support the write up of summary paper that will be published online to present a general picture of the lessons learned.
6. Assess the needs for capacity building activities for existing DAEs and develop the TOR for the capacity building activities.
7. Collaborate with other consultant (Capacity building Consultant) for the preparation and execution of four series of workshops for DAEs aligned with GCF investment criteria.

Workstream 2: Increase private sector investments in climate action and Improve climate finance coordination.

For this assignment, the Consultant will work together with two other consultants – one will develop investment guidelines for the NDA and another consultant will help the NDA establish a climate finance information system.

1. In collaboration with Investment Guideline Development Consultant, provide technical advice on the development of investment guidelines for selected priority sub-sectors targeting the most vulnerable groups and locations.
2. In collaboration with the Government Information system expert Consultant and with other partners supporting the NDA in related initiatives (i.e., GIZ and UNDP), lead the execution on the initial design of the Climate finance information system framework, which harmonizes the climate finance information system (dashboard of Indonesia climate finance and other relevant information).

The Consultant will report to the GGGI Indonesia Readiness Project Manager.  

The consultant is responsible for delivering the following deliverables:

Notes:

• The Consultant is to provide his/her own equipment to produce all deliverables.
• The Consultant shall submit the report in electronic versions readable by a Microsoft Office application.
• All outputs must be in English.
• Final deliverable must be approved by GGGI. The Consultant shall consider the comments and necessary revisions proposed to provide a final version of the deliverable in a timely manner.