Pipeline Development Specialist to reduce deforestation footprint

Result of Service A robust pipeline development report to support CRF for accessing RBPs with guaranteed compliance to the GoI/MOEF regulations in consultation with the respected authorities.

Work Location Jakarta, Indonesia

Expected duration 6 months

Duties and Responsibilities The United Nations Environment Programme is the leading global environmental authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system and serves as an authoritative advocate for the global environment.

UNEP has done some initial work in blended finance through the 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 Government of Indonesia (GoI) requested UNEP’s further support to continue supporting the Indonesian Environment Fund (BPDLH) in 2023 to finalize and operationalize this initial concept and 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. The CRF provides the opportunity to attract significant funding to complement GoI’s efforts to meet its NDC in land-use sectors.

The concept was presented by the GoI at COP 27 on November 20, 2022 and has attracted the attention of stakeholders and donors. It was designed for quick impact capitalization while providing investors and donors with accountability and assurance. It targets areas with potential High Carbon Value HCV) or High Carbon Stock (HCS) through REDD-contributing restoration, preservation, and conservation programs. The scope of the consultant's work is to generate a pipeline of projects for financing and implementation through the Climate Resilient Fund that will contribute to reducing productive use footprint on forests.

The consultant will be working 50 days towards the outputs to be generated in the year 2023. S/he is preferable at least having 10 (ten) years of working experience in project pipeline development related to climate finance and green investment; financial design and structuring and project management; and public-private partnerships; and development while having in-depth knowledge and understanding of theories, concepts, and approaches of climate financing and Indonesia’s public policies and regulations related to REDD.

In this case, UNEP’s technical assistance will help with the initial work to provide a pipeline to assist the GOI in meeting the level of readiness for the issuance of the CRF and blended concessional structure finance instruments.

For this assignment, the Consultant will work closely with the UNEP and BPDLH teams. The Consultant is expected to collaborate closely with CRF and RBP consultants who are working on complementary aspects to this scope of work. The consultant will pursue the following courses of action:

• Pipeline Identification a. Define a CRF project selection criteria (considering the financial, economic, and environmental perspectives) in coordination with UNEP and BPDLH teams; b. Identify potential reimbursable (loans and equity) and non-reimbursable (grants) projects that meet the objectives and selection criteria of the CRF; c. Review project proposals and provide technical and financial analysis, as well as guidance on requirements and objectives of financing from the CRF; d. Review pipeline deals, and provide BPDLH, MoEF, and UNEP project teams with early assessment and recommendations regarding potential for financing from CRF; e. Develop a pipeline of projects, supported by proper information and analysis, to be presented to BPDLH, MoEF, and UNEP project teams; f. Coordinate the pipeline development with different stakeholders.

The consultant will report to the UNEP UN-REDD Senior Technical Advisor, UNEP UN-REDD Coordinator in Indonesia, and UNEP UN-REDD Global Climate Finance Specialist.

Qualifications/special skills Academic: - An advanced university degree, preferably in economics, finance or business, environment and natural resource management, international development, or a related field; or the equivalent combination of education and work experience is required.

Experience - A minimum of five years of experience preferably in a combination of related fields such as climate finance, financial structuring, forestry and green investment; climate and green growth; project management; public-private partnership is required. - Experience in loan/equity/grants origination, structuring or portfolio management with a proven track-record working with both equity and debt. Relevant experience in supervising equity investments (direct or through funds) is required, in particularly understanding and analysis of financial projections and audited statements is desirable. - Experience in investment projects related to climate mitigation climate adaptation/ resilience, green finance will be highly valued. Candidates should be able to understand and oversee the quantification of the CRF’s environmental benefits (mitigation and adaptation) and associated co-benefits (biodiversity, ecosystem services) is desirable. - Proven solid experience in a similar role in an investment firm or development financial institution would be highly desirable, as well as experience in the preparation of development projects in Indonesia and/or Asia is desirable. - Demonstrated understanding of and experience with Indonesian government system and key stakeholders in the forestry and land use sub-sectors, private sector and markets will be highly favourable is desirable. - Proven track record on multi-sectoral and cross-institutional collaboration including with representatives of government and non-government partners is desirable.

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, - 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.

Languages •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.