Senior Investment Associate
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.
POSITION SUMMARY
The Senior Investment Associate will support delivery of activities of Sustainable Landscape Partnership project (the “project”) project which aims to “Enable, mobilize, leverage investment in sustainable forestry natural capital assets (NCA) thereby contributing to Indonesia’s FOLU Net Sink goals.
The Senior Investment Associate will help build on the investment strategy for the sustainable landscape sector, track investment trends in the sustainable landscape sector, and provide strategic support on methods/approaches to effectively strengthen and maintain fruitful engagement with related stakeholders in the development of business models in each of GGGI’s focal provinces. S/he will support the supervision of the Project operations, implementation, monitoring, and evaluation, and provide oversight to the implementation of the Project through coordination and communication with related stakeholders and contribute to enhancing the capacity of relevant stakeholders to access natural assets investment cooperation under the Project. S/he will be required to engage and work with national and sub-national government counterparts in the sustainable landscape sector, financial institutions, private sector entities and associations, sustainable landscape-based CSOs, academicians, and development partners.
S/he will report to the project manager and work closely with project team lead, GGGI Sustainable Landscape team, and the GGGI Indonesia investment team to support GGGI’s Indonesia country program and its national and sub-national partners, to identify and help design commercially viable green growth projects, primarily focused on sustainable landscape investments.
PURPOSE
- Facilitate the management of project’s output related to policy improvement and integration of monitoring, reporting, and verification (MRV) mechanisms.
- Assist in implementing project’s output related to the development of natural capital assets (NCA) project in targeted province, mainly in charge of communication and coordination between project’s national team with selected provincial teams in implementation of NCA project in provinces.
- Support strengthening the capacity of government agencies, in particular, the Ministry of Environment and Forestry (MoEF), to develop enabling policy for investing in NCA and supporting modalities for investment opportunities in sustainable landscape and other relevant sectors to attract private sector investment and bilateral or multilateral donors or financiers.
- Support strengthening the capacity of Indonesia Environment Fund (IEF) and other relevant financial institutions to support the mobilization of finance towards achieving Indonesia’s NDC, FOLU Net Sink, and climate change adaptation targets and SDGs.
- Provide advisory guidance to the process of developing investment project options and opportunities, program structures, innovative financing mechanisms and/or de-risking mechanisms to overcome policy and institutional barriers for sustainable landscape sectors, with special emphasis on development of forestry business models supported by ID24 in each of GGGI’s 6 focal provinces focused on either social forestry, multipurpose forest business licenses of concessions or biodiversity conservation and payments for environmental services or combinations thereof.
- Support the development of investment project concepts and proposals and assist in the implementation of sustainable landscape projects and programs for GGGI Indonesia’s Investment pipeline opportunities, which can help meet Indonesia’s NDC targets.
- Contribute to writing, revising, and editing of proposals and drafting of business plans and investment briefs, involving, e.g., risk analysis, objectively verifiable indicators, and other investment and finance-related sections.
- Conduct the pre-feasibility assessment for sustainable landscape business and operational models with relevant stakeholders, including GoI partners, financial institutions, community representatives, private sector developers, etc.
ENGAGEMENT
- Forster effective coordination, communication, and decision-making between the MoEF, IEF, and all related stakeholders to ensure stakeholder cohesion and effective process management.
- Engage with the private sector and associations to coordinate, communicate, and cooperate with government agencies and broader stakeholders in realizing NCA investments. Facilitate, as necessary, interactions between public and private institutions to create investment projects and/or innovative funding mechanisms.
- Promote expansion of GGGI’s network of financial institutions, banks, funds, and other relevant organizations domestically and internationally.
- Coordinate communication tasks with MoEF and IEF on a day-to-day basis.
- Support project activities in close cooperation with the MoEF and IEF.
- Collaborate with other units and divisions at GGGI, especially the GGGI Indonesia investment team and Sustainable Landscape teams.
- Assist and coordinate various investment workstreams with GGGI’s provincial teams.
- Collaborate with other units and divisions at GGGI in other countries and Indonesia, especially those working on sustainable landscape programs/projects.
- Coordinate with GGGI colleagues in Indonesia and HQ to support and assist in resource and investment mobilization.
DELIVERY
- Execute project activities, in close collaboration with government counterparts.
- Support the implementation of project with assured quality and deliver the result in a timely manner and monitors project activities to ensure consistent/appropriate use of resources, delivery proceeding on schedule and operational demands are within project parameters.
- Support the implementation of selected NCA subnational projects with assured quality on delivery outputs.
- Collaborate with provincial teams to monitors implementation activities on the ground to ensure consistent/appropriate use of resources, delivery proceeding on schedule, and prompt quarterly technical and financial reports from provincial projects.
- Collaborate with other projects/programmes in Indonesia related to green investment to increase the Program’s effectiveness and ensure coordination.
- Provide technical inputs to the day-to-day operations in the project.
- Prepare monthly, quarterly, and annual reports in accordance with the monitoring mechanism set by GGGI.
- Ensure the principles of gender equality and social inclusion are effectively reflected in all relevant activities, including programme reports, work plans, and technical advice provided to government counterparts.
REQUIREMENTS
QUALIFICATIONS
- Bachelor’s degree relevant to environmental, forestry, finance, economics, or international relation.
- At least 5 years of experience in country-level work experience with green investment is highly desirable.
- A good track record of working on project development, investment processes, politically sensitive issues with government, banking and non-banking sector, and public sector finance is desirable.
- Proven track record in planning, reporting, and financial management.
- Excellent understanding of the socio-political and cultural context of Green Growth governance in Indonesia
- Solid understanding of various financial products and instruments used in Indonesia’s finance/ investment sector.
- Experience in developing bankable projects and financial instruments in NDC sectors.
- Experience in stakeholder engagement and working with inter-institutional programs.
- Ability to work effectively with people from diverse cultural and professional backgrounds.
- Excellent English and Indonesian oral and written communication skills, including public speaking.
FUNCTIONAL
- Ability to develop and maintain strong relationships with GGGI partner institutions.
- Experience in investment enabling policy formulation, capacity building and multi-stakeholder engagement.
- Ability to understand Government policy and strategy formulation and implementation mechanisms at national and sub-national levels within a multi-sectoral and cross-sectoral context in Indonesia.
- Demonstrated understanding of principles of green investment and climate financing.
- Experience working with international and local consultants.
- Ability to work in an organized, systematic manner, with a degree of innovation and decision-making abilities.
- Ability to write concise and clear reports and meeting minutes, file them effectively, and develop and maintain the GGGI database accordingly.
- Ability to perform in a demanding atmosphere and self-motivate to produce quality results in a timely manner.
CORPORATE
- Understand and actively support GGGI’s mission, vision, and values.
- Promote an organizational culture of trust, transparency, respect, and partnership.
- Excels at problem-solving, asks questions, seeks support when needed, and easily shares information and knowledge with others both internally and externally.
- Manage emotions and stress positively, build rapport, and resolve conflict easily.
- Strong ability to work independently and/or remotely while maintaining productivity.
WORKING CONDITIONS
- Senior Investment Associate is an X7 grade level in GGGI’s National salary scale. Determination of base salary is subject to the candidate’s experience, academic background, and internal equity.
- GGGI provides 15% of base salary towards retirement plan/long-term savings, 27 days of annual leave, and private health insurance that covers dental and vision.
- GGGI is committed to providing a work environment that is sufficiently flexible to accommodate diverse life-cycle challenges and assist Staff members to achieve a better balance between work and personal/family commitments, thus ensuring high performance, long-term productivity, and well-being of Staff members.
- The chosen candidate is expected to be based in Jakarta, Indonesia.
- This is a national position and does not include relocation benefits.
ABOUT THE PROJECT
Currently, GGGI supports the Government of Indonesia (GoI) under the joint GoI-GGGI Green Growth Program (GGP, “the Program”). The Program aims to demonstrate that green investments can become the norm both for investors and planners, ultimately improving the quality of economic development for more environmental sustainability and social inclusion. Through the Program, GGGI collaborates with the Ministry of Development Planning (BAPPENAS), the Coordinating Ministry of Economic Affairs, Ministry of Finance, Ministry of Energy and Mineral Resources, Ministry of Environment and Forestry, PT Sarana Multi Infrastruktur (“PT SMI”) and others.
The sustainable landscape partnership project supports GoI institutions to enable and develop natural capital assets (NCA) investments in sustainable landscapes. The project aims to support design, structure, finance, implementation and scale-up of ecosystem-based landscape investments in NCA through private and public initiatives across Indonesia by incentivizing and mobilizing investments that result in significant contributions to national forest and land use FOLU net sink targets. Investing in NCA business development is aimed at generating additional forest landscape values, reducing emissions, supporting forest-dependent communities, and leveraging finance in support of FOLU Net Sink. It directly leads to development, investment mobilization, and implementation of a pipeline of projects and programs to restore, protect, secure, enhance and sustainably manage natural capital in Indonesia.
Child protection – GGGI is committed to child protection, irrespective of whether any specific area of work involves direct contact with children. GGGI’s Child Protection Policy is written in accordance with the Convention on the Rights of the Child.