INDONESIA: JUNIOR ANALYST ON FORESTRY FINANCING (CONSULTANT)

GGGI is seeking a Junior Analyst on Forestry Financing in Indonesia to provide technical assistance in assessing credit proposals for the Indonesia Environment Fund. The role involves analyzing creditworthiness, supporting the development of Shariah products, and assisting in the creation of operational guidelines. The consultant will work closely with IEF and GGGI teams to facilitate green investment initiatives aligned with Indonesia's environmental goals.
PROJECT BACKGROUND

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 the 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

GGGI will mobilize one (1) individual consultant on a deliverable contract basis. The following duties and responsibilities are indicative and subject to further detailing through specific service requests to be made by GGGI during the contract duration.

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 of IEF Revolving Fund Facility Division support decision making on credit approval alongside with Senior Advisor on MSMEs Forestry Financing and Senior Analyst on Forestry Credit Financing. 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.

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, including development of Shariah (syari’ah) product.
• 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 guidelines and working tools for direct distribution.
• Support in profiling banking and non-banking institutions as 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 arranging 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 regarding the consultant’s technical assistance provision to IEF.

Respecting post-COVID-19 protocol, the events/meetings can be held online, offline, and/or hybrid. Offline meetings are only possible by following the permitted zoning and strict health protocols set by the central/provincial/district government, GGGI, or both. Any communication by the Consultants to other external partners must be approved by GGGI and IEF. Reporting line of consultant are: GGGI with Senior Investment Officer and IEF with Director of Fund Disbursement.

DELIVERABLES AND PAYMENT SCHEDULE

The Individual Consultant must submit a countersigned Coversheet Form in which the Work Completion section was signed by the service requestor as the deliverable of each service.

The following are the deliverables of the Consultant, to be fixed upon signing of the contracts.

Deliverables

Output report(s)

Payment Terms

Percentage of Maximum Amount
• FGD with IEF for onboarding consultant and work arrangement during consultancy period

One (1) PowerPoint Presentation (PPT) which covers: objectives, approach and methods, timeline, and outputs/documents to be produced during the assignment.

31st May 2025

10%
• One (1) draft of Assessment Guidance of intermediary agencies for impact assessment

One (1) draft of assessment guidance of intermediary agencies outlining the framework and methodology for conducting impact assessment on RFF Forestry. The draft is on progress to be finalized in 2025.

30th June 2025

15%
• Initial report of credit assessment for direct disbursement

One (1) initial report of individuals/communities that passed assessment for RFF direct disbursement and on-progress to be finalized in 2025.

31st July 2025

15%
• Assist in event organizing (e.g. workshop/training for field officers, individual and intermediary agencies)
• MoM and event supporting materials.
• Minimum 1 communication material for event(s), in form of teaser/pamphlet/media communication

31st August 2025

10%
• Assist in the improvement guidance for RFF

MoM meetings and updated draft guidance for implementing RFF.

30th September 2025

10%
• Assist in the improvement of working tools and system monitoring for RFF

MoM meetings and updated concept draft of working tools and system monitoring for improving RFF.

31st October 2025

10%
• RFF Forestry Direct Disbursement Report

One (1) report on RFF Forestry Direct Disbursement in 2nd semester of 2025, which finalizes the updated implementation of RFF Forestry Direct Disbursement by IEF.

30th November 2025

15%
• Final Presentation of consultancy
• One (1) PPT
• Brief report in form of two pagers of annual report of RFF

30th December 2025

15%

The Consultants may also be required to produce additional output(s) as deemed reasonably necessary by GGGI. The presentation materials (e.g. PPT, etc) shall be submitted to GGGI as necessary.

EXPERTISE REQUIRED

GGGI will enter a contract for the delivery of the work set out in these Terms of Reference. The skills and experience required of the adviser should include inter alia:

Educational Background:

At the minimum bachelor’s degree in economics, finance, forestry, environmental studies, or related field.

Years of Experience:
• Preferably a minimum of 3 years of professional experience working related to forestry, investment, and finance. Internship experience will be counted.
• Has experience in analyzing sharia loan scheme will be advantage, preferably with certification of PDPS (Pelatihan Dasar Perbankan Syariah).
• Has professional experience in working with Government of Indonesia and proven track record of working on complex and politically sensitive issues. Having experience working with Indonesia Environment Fund is an advantage.
• Has experience in credit assessment, financial structuring, banking institution, loan mechanism, and other financing options in Indonesia’s sustainable landscape sector, such as forestry or agriculture.
• Has professional experience of direct engagement in issues related to the investment in the FOLU sector and others surrounding issue.
• Has experience in providing capacity building towards forest-dependent communities in Indonesia.
• Has knowledge of revolving fund facility especially in forestry sector.
• Has the ability to communicate clearly and effectively in speaking manner, written reports and other publications both in English and Bahasa. Previous writing examples might be requested.

Other Competencies
• Good working knowledge of ICT (information and communication technology).
• Confidential handling data and information.
• Good interpersonal and communication skills, with the ability to effectively interact with people in a multi- disciplinary and multi-cultural environment,
• Demonstrated ability to take initiative and work independently while also having the skills and interests to work effectively within teams.

ADMINISTRATIVE INFORMATION

In order to be considered for the position, the candidate must meet the minimum qualification listed below. Consideration and selection will be based on a panel evaluation of the evaluation criteria factor below. Please note that only shortlisted/finalist applicants will be interviewed or contacted. GGGI does not pay for any expenses associated with the interviews unless expenses are pre-authorized. Reference check will be conducted on those candidates selected for an interview. The applicant’s references must be able to provide substantive information about his/her past performance and abilities.

Interviews and a writing exercise may be requested. Applicants are required to prepare a brief narrative demonstrating how prior experience and/or education and training address selection criteria factors listed below:
• Policy analysis
• Development planning process
• Geographic Information System
• Communication
• Experience
• Expertise
• Individual Competency
• Integrity
• Interpersonal competency
• Introduction and motivation
• Leadership
• People management
• Professional competency
• Teamwork
• Technical knowledge

Selection criteria listed below:
• Professional Competency (30 points): At least Bachelor’s Degree in economic, finance, forestry, environmental studies, or related field with equivalent relevant works in forestry and environment area.
• Experience (30 points): Minimum 3 years of professional experience working related to FOLU sector, preferably with IEF. Internship experience will be counted.
• Individual Competency (40 points): Project management skills are required. Incumbent should have knowledge and strong network with key stakeholders related to the investment in FOLU sector, Carbon Market, and others surrounding issue. Incumbent should have knowledge on revolving fund facility, especially in forestry sector. Incumbent should be fluent in English and Bahasa in speaking and written is a must, able to deliver reports in English.

Maximum Points Available: 100

At GGGI’s discretion, reference checks and interviews may be conducted as part of the evaluation process.

Applicants must also include in their application package as follows:
• A cover letter of no more than 2 pages that demonstrates how the candidate’s qualifications meet the work requirements.
• A curriculum vitae which, at a minimum, describes education, latest experience and career achievements.
• Names, current and accurate contract numbers (email and phone) of three professional references that have knowledge of the applicant’s abilities to perform the duties set forth in the solicitation.

All of the above information must be included in the application package in order for the package to be considered complete

All applications submitted by GGGI website, no later than 25 April 2025 at 5 p.m. Jakarta time. Application submitted after the deadline will not be considered Application. Cover Letter, and CV must be sent in English. A consortium, or a firm may not be engaged for the individual consultant assignment.