INDONESIA: GREEN FINANCE NETWORK ESTABLISHMENT CONSULTANT
Please note that the deadline is based on Korean Standard Time Zone (KST, UTC+9)
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.
PROJECT INFORMATION
The Asia Low Carbon Buildings Transition (ALCBT) project (2023–2028) is funded by the German Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUKN) under the International Climate Initiative (IKI). Led by the Global Green Growth Institute (GGGI), the project is implemented in Cambodia, India, Indonesia, Thailand, and Vietnam in partnership with the ASEAN Centre for Energy, Energy Efficiency Services Limited, and HEAT International. In Indonesia, the Ministry of Public Works and the Ministry of Energy and Mineral Resources are the government counterparts for project implementation.
ALCBT project aims to catalyze nationwide transitions towards low-carbon buildings (LCBs) by addressing regulatory, capacity, and financing gaps. One of the key ALCBT outputs focuses on mobilizing investments for bankable LCB projects. To learn more please visit about ALCBT web page.
To facilitate the scale-up of green financing in the building sector, ALCBT will support the establishment of a Green Finance Network (GFN) or strengthening existing platform. It will be implemented at national level. Designed to be industry-driven, the GFN will bring together banks, investment institutions, energy service companies, building-energy-financial regulators, and development finance institutions to create an enabling environment for LCB finance. This network will facilitate capacity building, knowledge sharing on financing products and services, business model development, and the creation of a project pipeline. In Indonesia, there's significant potential to develop and expand green finance instruments, including green bonds, sustainability-linked loans, concessional finance, and blended investment models. This provides a substantial opportunity for the GFN to make a real impact.
In this regard, GGGI will engage an individual consultant with expertise in finance, economics, sustainable development, and/or other related fields. The consultant will play a key role in supporting the setup and operationalization of the Iandonesia GFN, ensuring its activities are aligned with the priorities and maturity of the country's financial sector.
OBJECTIVE OF ASSIGNMENT
The consultant will work closely with GGGI, financial institutions, policymakers, and other relevant stakeholders to facilitate the establishment and operationalization of Indonesia’s GFN. This includes convening financial institutions, regulators, and industry players, facilitating knowledge exchange and early project development, building institutional readiness, and designing a long-term, sustainable platform that accelerates green finance in Indonesia's building sector.
SCOPE OF WORK
The consultant shall carry out the scope of services with the following activities:
-
Facilitate the identification of and engagement with key financial institutions to design (organizational type, host institution, coordination mechanisms, stakeholder responsibilities, and operational sustainability) and establish the Indonesia GFN and/or establish partnership with existing platform/network to host Indonesia GFN, and ensure alignment with national sustainable finance priorities.
-
Support coordination with ALCBT Consortium, local training partners, government counterparts, and financial institutions for LCB capacity building.
-
Support the integration of the GFN and the ALCBT project pipeline.
-
Support the Regional OSS Platform by providing Indonesia-sourced knowledge sharing and best practices.
-
Facilitate peer-learning exchanges between Indonesian financial institutions and regional counterparts to enhance expertise in green finance innovation and best practices.
-
Contribute to consultations and matchmaking initiatives to facilitate investment mobilization for LCB projects in Indonesia.
DELIVERABLES AND PAYMENT SCHEDULE
The expected outputs of the Consultant will be as follows:
Table 1: Outputs/Deliverables of the Consultant
|
No. |
Output/Deliverable |
Due Date |
Percentage of Contract Value |
|
1. |
Inception Report Detailed workplan during the assignment. |
X+1 week (approx. 4 Jun 2026) |
10% |
|
2. |
Stakeholder Coordination and GFN Establishment Report Summary of activities to identify and engage with financial institutions, regulators, public and private investors, and industry players to operationalize the Indonesian GFN. Summary of the first GFN meeting, including prepared minutes, documented discussion results and recommendations, and a list of members/participants. Summary of inputs for the integration of the GFN and LCB training plan (for Finance Professionals, ESCO Professionals, and related participant types). |
X+10 weeks (approx. 6 Aug 2026) |
50% |
|
3. |
GFN Indonesia workplan 2026-2028 GFN meetings, capacity building, knowledge-sharing, investment mobilization opportunities, in line with ALCBT activities. |
X+16 weeks (approx. 17 Sep 2026) |
30% |
|
4. |
Final Report Consolidated report summarizing all activities, outcomes, and recommendations related to the development of the GFN in Indonesia, outlining its integration with the ALCBT project pipeline. |
X+25 weeks (approx. 19 Nov 2026) |
10% |
This assignment is expected to be completed over a 6-month period, starting on May 28, 2026, and concluding on November 27, 2026.
This is a delivery-based contract, in which payments are made according to the schedule in Table 1. The Consultant shall directly report to and coordinate day-to-day activities with the GGGI ALCBT Project Lead in Indonesia. The Consultant’s work progress will be monitored primarily through periodic review meetings, the precise schedule of which is to be determined upon contract signing. Regular offline and/or online progress meetings will be held between the consultant, GGGI, and ALCBT consortium members. Upon GGGI’s request, the Consultant shall produce a formal progress report (2-3 pages) that includes: an overview of the assignment, a narrative description of activities, detailed information on assignment objectives and milestones, actual achievements made against the initially set timeline, etc.
The Consultant must submit all reports and communication in English and/or Bahasa Indonesia, in accordance with GGGI’s formatting requirements. All documents should be submitted in soft copy along with complete sets of raw data, research materials, minutes of meetings, and interview notes. The consultant shall also prepare a presentation (in PowerPoint format) for the government, GGGI, and other stakeholders, in relation to the assignment. The Key Performance indicators are 100% on-time delivery as per “Deliverables and payment schedule” and “No late, incorrect or incomplete delivery” as per output.
EXPERTISE INFORMATION
- A Master’s degree in finance, economics, sustainable development, and/or other related fields.
- At least 5 years of professional experience in climate finance, investment mobilization, or sustainable finance within Indonesia's financial sector. Experience in the building sector is highly preferred.
- Strong knowledge of green financial instruments, including green bonds, concessional finance, and risk-mitigation mechanisms. Familiarity with Indonesia's financial regulations and sustainable finance policies is also required.
- Proven ability to work with financial institutions, policymakers, and development finance institutions.
- Experience in stakeholder engagement, capacity building, and knowledge-sharing initiatives.
- Fluent in both English and Bahasa Indonesia. Able to communicate effectively and professionally with technical, managerial, and decision-making audiences.
- Excellent skills in developing reports and presenting study results to various stakeholders, including government bodies, GGGI, and other partners.
- Possesses cultural sensitivity and respect for diverse opinions.
ADMINISTRATIVE INFORMATION
To be considered for the position, the candidate must meet the minimum qualifications listed below. Consideration and selection will be based on a panel evaluation of the evaluation criteria factor below. GGGI does not pay for any expenses associated with the interviews unless expenses are pre-authorized by GGGI. Reference checks 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.
Selection Criteria:
-
Professional Competency (10 points): Master’s degree in finance, economics, sustainable development, and/or other related fields.
-
Experience (15 points): At least 5 years of professional experience in climate finance, investment mobilization, or sustainable finance within Indonesia's financial sector. Experience in the building sector is highly preferred.
-
Communication (15 points): Fluent in both English and Bahasa Indonesia. Able to communicate effectively and professionally with technical, managerial, and decision-making audiences. This means an ability to participate in professional meetings and write reports in Bahasa Indonesia and English. Experience in stakeholder engagement, capacity building, and knowledge-sharing initiatives.
-
Technical Knowledge (30 points): Strong knowledge of green financial instruments, including green bonds, concessional finance, and risk-mitigation mechanisms. Familiarity with Indonesia's financial regulations and sustainable finance policies is also required. Proven ability to work with financial institutions, policymakers, and development finance institutions.
-
Individual Competency (30 points): Project management skills are required. Candidates must be fast learners on topics related to climate finance and sustainability, international donors, green/low-carbon buildings, and project management. S/he must be able to work well independently and in a team, demonstrating strong interpersonal skills and good judgment to meet organization’s objectives. Excellent skills in developing reports and presenting study results to various government and non-government stakeholders. Possesses cultural sensitivity and respect for diverse opinions.
Maximum Points Available: 100
The applicant’s references must be able to provide substantive information about the applicant’s past performance and abilities. The consultant will ensure:
-
Availability during the project period; and
-
No conflict of interest arises while taking this assignment.
All of the above information must be included in the application package in order for the package to be considered complete. Interested candidates should send the above information directly in the link https://careers.gggi.org/vacancy/
Subject: ALCBT Indonesia: Green Finance Network Establishment in Indonesia Consultant
All applications submitted by email must be in GGGI Seoul, no later than May 22, 2026, at 11:59 PM Korean Standard Time (KST). Applications submitted after the deadline will not be considered
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.