Consultant for Sustainable Urban Financing

Tags: Covid-19 climate change finance English Environment
  • Added Date: Tuesday, 25 June 2024
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Program Overview

WRI Indonesia seeks to assist the Government of Indonesia through the Ministry of Transportation (MoT) to enhance and mainstream innovative low-carbon development approaches to transform the transportation sector in addressing urban mobility issues in the coastal metropolitan of Indonesia that would pave the way for sustainable development and help achieve the governmentโ€™s bold climate target ie. Net zero-emission.

WRI Indonesia under the UK Partnering for Accelerating Climate Transitions (UKPACT) will provide programmatic and technical advisory support to address the economic challenges posed by Covid-19 recovery and the increased risk of natural disasters due to climate change. The objective will be carried out through several technical assistance such as the enhancement of design to public facilities, holding events to increase public awareness of inclusive access to transportation, and to assess the resiliency of communities living in coastal areas in Metropolitan Surabaya and Makassar. The program envisions that sustainable mobility of coastal metropolitan areas should factor in elements such as safety, inclusiveness, and low carbon mode of mobility. In the end, the program will provide the city with a design of inclusive, safe, and continuous non-motorized facilities and draw its connection with low-carbon public transport mode. Lessons from the program will be utilized to inform the Ministry of Transportation about challenges and policy gaps in realizing the concept of sustainable transportation, especially in coastal cities.

Job Highlight

The Sustainable Urban Financing Consultant will be part of the WRI Indonesia UK PACT team that leads a consortium who conduct various project activities implementation at the national, province, and in the cities of Surabaya and Makassar to develop a mobility system that safe, inclusive, and resilient to climate change impacts. This position will be at the forefront of identifying and analyzing financing alternatives for various mobility system projects and initiatives, especially in the coastal cities of Jakarta, Surabaya, and Makassar. With the objective of ensuring successful funding and financial sustainability for projectโ€™s key initiatives.

This position will work on three initiatives in each city. In Makassar, the candidate will work with the team to help to map existing project readiness, formulate financial models, and identify potential financing schemes and sources. In Surabaya, to support the development of a conceptual design that the consortium proposed by matchmaking property owners and private parties to generate partnerships and identify feasible business model schemes for urban development and old town revitalization projects. In Jakarta, the candidate will assist the Ministry of Transportation in addressing the gap between studies and projects needed to achieve the mitigation action of net-zero emission targets done across transportation subsectors and their potential financing scheme.

Under the supervision of the Senior Urban Development Program Lead, consultant will work closely with the WRI Indonesia Climate Energy Ocean and Cities cluster team, actively engage with stakeholders at the Ministry of Transportation, financial institutions, potential investors, the UK Embassy, consortium members, leaders at the provinces and cities, and other NGOs.

The Sustainable Urban Financing Consultant will be based in Jakarta with office-flex working arrangement and may be required to travel as needed for assignments.

What You Will Do

Financing Research (55%)

  • Identify and assess diverse financing alternatives, such as public-private partnerships (PPPs), bond issuance, loans, grants, and equity investments for alternative financing solution, including green financing, to ensure a successful funding and financial sustainability of the key initiatives proposed by the Consortium.
  • Conduct desktop analysis of regulations and policies to determine prerequisites, challenges, and opportunities to make sure all financing activities comply with relevant laws, regulations, and organizational policies.
  • Map and analyze projects in the pipeline to determine suitable revenue sources and financing opportunities
  • Evaluate financial risks and analyze mitigation strategies that can be done to ensure secure and stable investment outcomes.
  • Guide, build capacity, and direct Surabaya and Makassar consultant to ensure the consortium initiatives attain proper financing and sustainable operations.
  • Coordinate any research and analysis to further develop insights and use projectโ€™s cases/findings in the regions to mainstream WRI Indonesia position on sustainable transportation especially in coastal cities

    Engagement (35%)

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