Green Economy Specialist
Result of Service Develop business structure, design and full proposal of Climate Recovery Bond.
Work Location Indonesia
Expected duration The contract is an output-based contract for the period from 1 July 2022 to 31 December 2022.
Duties and Responsibilities 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. In Indonesia, UNEP in partnerships with ICRAF (the recipient in this Agreement), BNP Paribas and ADM Capital has established the Tropical Landscapes Finance Facility (TLFF) since 2016. As a Government of Indonesia supported initiative, TLFF provides long-term funding at scale, largely for rural smallholder livelihood and renewable energy projects for marginalized communities. The TLFF is intended to bridge the gap between the government, private sector and communities, coordinating cross-functionally to bring about large-scale positive change.
TLFF and Indonesia Environmental Fund (BPDLH) are currently exploring the Climate and Recovery Bond (CRB) concept for climate finance mobilization instrument. CRB is a pay-for-performance bond 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. The bonds provides an opportunity to attract significant funding to complement GoI’s effort meeting its NDC in land use sectors. The CRB should be 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. In this case, UNEP’s technical assistance will seed initial work to attract more resources to assist the GOI in meeting the level of readiness for the issuance of the CRB.
To accelerate the development of CRB for climate finance mobilization instrument, it is important that TLFF is supported by experienced and knowledgeable specialist. The main objective of this consultancy is to develop business structure, design and full proposal of Climate Recovery Bond.
The consultant will work in the following lines of action: - Support BPDLH in the development of analysis and strategy for the Climate Recovery Bond concept and proposal. The Specialist will work closely with the BPDLH investment manager and senior officials to identify and harmonize project implementation concept according to GoI priorities. The works covering but not limited to: a. Facilitate consultation meeting and joint FGDs among stakeholders: UNEP/TLFF, BPDLH, MOEF, MOF, financial institution partners, etc. b. Facilitate and organize development partners’ consultation meeting. c. Jointly with BPDLH, co-lead the CRB business structure and design, assess policy readiness, illustrate project implementation and impact, develop theory of change, landscape strategies, and others relevant issues. d. Liaise result and concept with the BPDLH and other key partners. Create effective communication channel to collect feedback and achieve consensus. e. Identify a concept of landscape strategies for the implementation of the CRB investments for the livelihood, and restoration and protection programs. - Facilitate multi stakeholder consultation meetings for development of CRB proposal. - 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 - The Consultant will report to the Senior Technical Adviser of UNEP in Indonesia.
Qualifications/special skills Academic Qualifications: - An advanced University degree, preferably in climate, environment and international development, economics, or a related field; or the equivalent combination of education and work experience. Experience: - Have a minimum of 10 (ten) years of experience preferably in a combination of related fields such as development finance, climate finance and green investment; - 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. - Proven track record on multi-sectoral and cross-institutional collaboration including with representatives of government and non-government partners
- 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,
- Strong interpersonal, cross-cultural and team player skills, with a capacity to work effectively on an independent basis,
Excellent communication skills and a persuasive communicator. Language: - 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.
No Fee 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.