Revolving Fund Junior Analyst

Details of the offer

**INTRODUCTION TO GGGI**:
The Global Green Growth Institute (GGGI) is a treaty-based international, inter-governmental organization dedicated to supporting and promoting strong, inclusive and sustainable economic growth in developing countries and emerging economies. To learn more please visit about GGGI web page.

Indonesia has committed to reduce GHG emissions through the Nationally Determined Contributions (NDC) document as part of the Paris Agreement 2016. It is stated that by 2030, the target of reduction is by 29% and by 41% with international assistance and support, which will be achieved through energy, waste, industrial processes, and products use, forestry and agriculture. Currently, around 60% of Indonesia's NDC commitments comes from the forestry and land use sector (AFOLU). However, financing at the sustainable landscape sector is still limited even though around 30% of climate change target could be addressed from the forest, peatlands and agriculture sectors.

The Government of Indonesia (GoI) has committed to reducing GHG emissions through Nationally Determined Contributions (NDC) with an unconditional target by 29% independently and a conditional target by 41% by 2030, which will be achieved through energy, waste, industrial processes, and products use (IPPU), forestry, and agriculture. Currently, around 60% of Indonesia's NDC commitments come from the forestry and land use sector (AFOLU). However, financing in the sustainable landscape sector is still limited even though around 30% of climate change solutions could be addressed from the forest, peatlands, and agriculture sectors.

Scaling up green financing and enabling tools for sustainable landscape and renewable energy project investments are crucial to achieving the country's green objectives and targets. As a national environment financial institution, the Indonesia Environment Fund (IEF) has been established to support fundraising and fund disbursement, as well as a trustee for ten (10) line ministries, in particular the Ministry of Environment and Forestry (MoEF).

GGGI Investment Team focusing on leveraging sustainable landscape investment partnerships in Indonesia aims to enable, leverage, and invest in sustainable forestry natural capital contributing to Indonesia's FOLU Net Sink goals. With green investment project is undergoing co-design phase, GGGI will continue to support MoEF and IEF to accelerate green investment in national and sub-national level

**OBJECTIVES OF THE ASSIGNMENT**:
The individual consultant will provide technical assistance to support the Indonesia Environment Facility (IEF) and the Global Green Growth Institute (GGGI) in assessing credit proposal of potential direct debtors. Their expertise in analyzing creditworthiness and credit healthiness will support the work in IEF Revolving Fund Facility Division support decision making on credit approval alongside with Credit Risk Senior Analyst (CRSA) and led by Credit Risk Advisor (CRA).

As work will be carried out in close collaboration with the Indonesia Environment Fund (IEF/BPDLH) a shared vision for the engagement outcomes is essential.

**TASKS AND APPROACH**:
The Consultants' specific tasks are the following:

- Supporting work with IEF Revolving Fund Division notably in documenting and analysis of credit proposal from direct debtor (community level) and indirect debtor (i.e. non-banking and banking financial institution such as cooperatives, regional development bank, etc).
- Supporting work with IEF Revolving Fund Division, in particular to support development of Shariah (syari'ah) requirement.
- Reviewing credit proposal and participating in credit assessment for Revolving Fund Facility's direct distribution.
- Assist in the development of Revolving Fund modalities, such as Standard Operation Procedure (SOP) for direct distribution.
- Support in developing Assessment Guidance of Intermediary Agencies for Producer Cooperatives.
- Support in profiling indirect debtor for potential intermediary agencies for Revolving Fund Facility.
- Support arranging events (FGDs/meetings/trainings/socialization) preparation and implementation, including stakeholder engagement, managing travel plans and logistics, and budgeting necessities.
- Support for reports preparation, drafting, records, and documentation of the event following IEF and GGGI regulations. The consultant is expected to develop Minutes of Meeting (MoM) in every event.
- Assist in bridging communication and arrange coordination meetings between GGGI and IEF, including providing necessary documents and/or developing documents and/or presentation materials with both agencies' consent.
- Develop communication materials such as teasers, booklets, and other media communication materials related to Revolving Fund Facility.
- Providing biweekly updates and frequent reports to GGGI Green Investment Team regarding the consultant's technical assistance provision to IEF.

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Nominal Salary: To be agreed

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