GGGI vacancy - Fund Management Framework Consultant

 

Introduction

 

Headquartered in Seoul, the Global Green Growth Institute (GGGI) is an intergovernmental organization founded to support and promote a model of economic growth known as "green growth", which targets key aspects of economic performance such a poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies that can impact the lives of millions. The organization partners with countries, multilateral institutions, government bodies, and private sector to help build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change.

 

GGGI has a diverse portfolio of programs in developing countries around the world. These in-country programs, together with global products and services, focus on delivering results through an integrated approach of evidence-based green growth planning and implementation aligned to countries’ development priorities. The organization also focuses on knowledge development and management activities which build a strong theoretical and empirical basis for green growth, while providing concrete options and guidance for policymakers; as well as building the conditions for public and private green infrastructure investments. 

  

GGGI supports the Government of Indonesia in three areas: renewable energy, infrastructure projects within special economic zones, and forest and land-based mitigation projects. The Program, known as the 'GoI-GGGI Green Growth Program' (GGP), aims to demonstrate that green investments are possible and can become the norm both for investors and for policy makers, ultimately improving the quality of economic development. Through the Program, GGGI collaborates with BAPPENAS, the Coordinating Ministry of Economic Affairs, Ministry of Finance, Ministry of Energy and Mineral Resources, Ministry of Environment and Forestry, and PT Sarana Multi Infrastruktur (“PT SMI”) and others

 

GGGI and the Fiscal Policy Agency (FPA) implement the second Green Climate Fund (GCF) readiness and preparatory support project (“the Readiness Project”) in Indonesia. The Readiness Project aims to strengthen the NDA and national actors' institutional capacities to build a pipeline of climate change projects and enhance country ownership. The FPA is the National Designated Authority (NDA) of the GCF in Indonesia, i.e. the agency through which Indonesia and the GCF interact and communicate. As the NDA, FPA has strategic oversight of all GCF related activities in the country, including assuring the alignment of GCF investment decisions with national priorities in climate change mitigation and adaptation.

Purpose of the Assignment

 

Kemitraan has been awarded Direct Access Entity (DAE) accreditation by the GCF in November 2020. While preparing to sign their Accredited Master Agreement (AMA) with GCF, Kemitraan has taken steps to strengthen their internal capacities in terms of managing future GCF funding with the NDA’s support. One of the required policies and internal guidelines identified is a grant management framework for GCF funding. The guideline should act as the internal Standard Operation Procedure (SOP) for Kemitraan in managing funding received from the GCF.

Scope of Work

 

The Global Green Growth Institute seeks to hire an experienced consultant to be the Fund Management Framework Consultant (hereafter referred to as “the Consultant”). The Consultant will develop the guideline in relevance of Kemitraan’s internal standard and GCF requirement on grant management.

 

In performing his/her tasks, the Consultant will work closely with GGGI Readiness Team, NDA GCF Indonesia Secretariat team, and Kemitraan.

 

The Consultant will be working remotely with possible requests for virtual meetings to discuss the assignment.

Roles and Responsibilities

The Consultant will be responsible for the following tasks and duties:

  1. Review the existing Kemitraan grant management guideline and policies, including any available guideline on managing other funding sources;
  2. Identify gaps between Kemitraan’s current fund management guidelines and GCF requirements;
  3. Develop the GCF Fund Management Framework for Kemitraan aligned with Kemitraan’s strategic goals and GCF requirements;
  4. Closely work with Kemitraan to ensure the revised fund management guideline reflects Kemitraan’s needs;
  5. Attend virtual meetings with Indonesia’s NDA and GGGI Readiness Team;
  6. Prepare brief recommendations on how Kemitraan can integrate its processes to manage climate funding from multiple sources.

 

Note:

The consultant/expert is to provide his/her equipment to produce all deliverables.

 

Reporting Requirements and Deliverables

 

The consultant will report to GGGI Green Investment Specialist.

Delivery

The consultant is responsible for delivering the following results:

 

No.

Output/Deliverable

Percentage

of Maximum Amount

Due Date

After contract signing

1

First draft of GCF Fund Management Guidelines/Framework

25%

2  weeks

2

Final Draft of GCF Fund Management Guidelines/Framework

75%

6 weeks

The draft and final reports shall be written in Bahasa Indonesia.

 

 

Applicable Tax:

 

Value Added Tax clarification

Individual consultant without Indonesian tax ID: In accordance to Directorate General Taxation number SE-145/PJ/2010 VAT is applicable on foreign services rendered by international entities not registered in Indonesia are subject to 10% VAT.

 

Withholding tax on foreign services rendered/withholding tax Art 26

Payments of royalties, interest and service fees by resident taxpayer to a non-resident taxpayer are subject to 20% withholding tax Art 26. However, if the payment is made to a resident of a country with which Indonesia has signed a tax treaty, the withholding (WHT) may be reduced or exempted. Non resident tax payer should get the DGT1 form certified by their country of residence tax authority to be exempted from WHT. Please visit the following sites to download the DGT1 form. (http://www.pajak.go.id/content/formulir/10198/form-dgt-1)

 

Withholding tax on local purchase of goods and services

Payments of certain types of income paid to resident taxpayers are subject to withholding Art 23 at a rate of 15% (for dividend, interest, royalties) and 2% (rental of asset, other than land and building [which is subject to final tax Art 4(2)] and services such as technical, management, consulting services, etc).

 

 

 

Qualifications

 

The Consultant should have the following qualifications:

  • Master degree in public administration, public finance management, international climate finance, economics, international climate governance, or other relevant field;
  • At least 8 years of professional experience in climate governance and capacity development related to climate and/or development finance, and finance/budget management;
  • Demonstrated experience in developing standard operating procedures for funding management of public institutions, experience with international donor is highly desirable;
  • Understanding of the Green Climate Fund (GCF) and GCF accreditation standard is an strong advantage;
  • Ability to work independently with a high level of accuracy and attention to detail;
  • Excellent writing skills in English and Bahasa Indonesia is a must.

 

Interested applicants must apply through the following link before 30 April 2021 (KST).

GGGI main portal

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