1. The Climate Resilient Fund (CRF – RDPT/DINFRA) structure formed for land and forestry sectors and obtain endorsement from the Government of Indonesia (OJK (Financial Service Authority), MOEF and BPDLH/IEF)
2. The CRF soft launch in COP 28
3. Pledges of commitments from investors for CRF is obtained.
4. Analytical report on policy and legal framework for commercialize Indonesia’s ERs vintage (Ex-post) is issued.
5. A joint UNEP-GoI proposal for CRF/B Technical Assistance is developed and joint presentation made to Donors.
Jakarta, Indonesia
9 months
UNEP is the voice for the environment within the United Nations system. UNEP’s mission is to provide leadership and encourage partnerships in caring for the environment by inspiring, informing, and enabling nations and peoples to improve their quality of life without compromising that of future generations.
UNEP has seed initial work in blended finance through development of the Climate Resilient Fund (CRF) concept, intended to bridge the gap between the government, private sector, and communities, coordinating cross-functionally to bring about large-scale positive change. Based on the progress, the GoI requested UNEP’s further support to continue supporting the Indonesia Environmental Fund (BPDLH) in 2023 to finalize and operationalize this initial concept/design for CRF as a pay-for-performance blended finance structure to help ensure predictable funding and efficient operations for Indonesia’s restoration and conservation programs. It is a unique opportunity, whereby promotes a public-private program to finance landscape conservation where there is no source of revenue for bond repayment. It provides opportunity to attract significant funding to complement GoI’s effort meeting its NDC in land use sectors.
The concept has been presented during COP 27 on November 2022 by GoI and attract stakeholders and Donors’ attention. It was designed as a quick impact capitalization while ensuring accountability and assurance for the investors and donors. It targets concessions with potential HCV/HCS through restoration and conservation programs contributing to REDD. The scope of consultant’s work is to bring forward the concept into realization through a series of multi-stakeholders’ engagement for the realization of Climate Resilient Fund, with expectation that these financing instruments can be fully implemented by 4th quarter of 2023.
The consultant will be working 80 days for the outputs generated in year 2023. S/he is preferable at least having 10 (ten) years of working experiences in climate finance and green investment; energy and project management; trust fund management; public-private partnership; and development, while having in-depth knowledge and understanding of theories, concepts and approaches of climate financing and Indonesia’s regulation on economic value of carbon and practical experience in stock/commodities exchange markets.
S/he has to have solid working experiences with the Indonesia Environment Fund (BPDLH) and Indonesia’s capital market network while also has experience developing scalable/bankable projects for investors’ financing.
The Consultant will report to the UN-REDD Senior Technical Adviser of UNEP in Indonesia and UNREDD Climate Finance Program Officer
The consultant will work in the following lines of action:
•Provide in writing an investor prospectus of CRBF to BPDLH and UNEP and present it to potential investors, for lobby and obtain LoI. The works covering but not limited to:
a. Jointly with UNEP and BPDLH to develop presentation, prospectus, and negotiation with investors for CRBF
b. Co-lead consultation meetings and lobbies among the government stakeholders and private sectors.
c. Engage with OJK/Indonesian Financial Authority to obtain approval for CRF
d. Organize development partners’ consultation meeting and co-lead it with UNEP Adviser.
•Site Visit – The assignment may require field travels to potential project’s locations to support the assessment and conduct field consultation with local stakeholders, as necessary
Education:
• An advanced University degree, preferably in climate, environment and natural resource management, energy policy, international development, economics, or a related field; or the equivalent combination of education and work experience required.
Experience:
• A minimum of 10 (ten) years of experience preferably in a combination of related fields such as climate finance and green investment; climate and green growth; energy and project management; trust fund management; public-private partnership; and development required.
• Experience in researching and drafting the technical content of proposals to climate funds or similar multilateral funds.
• Proven track record on multi-sectoral and cross-institutional collaboration including with representatives of government and non-government partners.
• Knowledge and understanding of theories, concepts and approaches relevant to Climate Change, REDD+, carbon pricing and market, and Indonesia’s regulation on economic value of carbon and practical experience in environmental management, climate change adaptation or other related fields.
• Understanding of the political economy of Indonesia climate financing issues, and land-use and forestry.
• Demonstrated experience developing scalable/bankable projects for financing
• Demonstrated experience working with climate finance instruments
Skills :
• Good analytical and problem-solving skills,
• Fully proficient computer skills and use of relevant software and other applications
• Exceptional analytical and writing skills.
• Results-oriented, articulate analyst with attention to details,
• A minimum of 10 (ten) years of experience preferably in a combination of related fields such as climate finance and green investment; climate and green growth; energy and project management; trust fund management; public-private partnership; and development required.
• English and French are the working languages of the United Nations Secretariat. For this consulting position, fluency in oral and written English and Bahasa is required.
THE UNITED NATIONS DOES NOT CHARGE A FEE AT ANY STAGE OF THE RECRUITMENT PROCESS (APPLICATION, INTERVIEW MEETING, PROCESSING, OR TRAINING). THE UNITED NATIONS DOES NOT CONCERN ITSELF WITH INFORMATION ON APPLICANTS’ BANK ACCOUNTS.