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IC/UNDP/058/2022 - Climate Change and Public Finance Expert
|Location :||Ministry of Finance, Fiscal Policy Agency Office - Jakarta, INDONESIA|
|Application Deadline :||16-Aug-22 (Midnight New York, USA)|
|Time left :||4d 15h 38m|
|Type of Contract :||Individual Contract|
|Post Level :||National Consultant|
|Languages Required :||English|
UNDP is committed to achieving workforce diversity in terms of gender, nationality and culture. Individuals from minority groups, indigenous groups and persons with disabilities are equally encouraged to apply. All applications will be treated with the strictest confidence.
UNDP does not tolerate sexual exploitation and abuse, any kind of harassment, including sexual harassment, and discrimination. All selected candidates will, therefore, undergo rigorous reference and background checks.
Interest candidate has to access procurement notice Ref.: https://procurement-notices.undp.org/view_notice.cfm?notice_id=94116
Attaining the targets for GHG emission reduction requires a huge amount of funds. According to the Second Biennial Update Report (BUR) 2018, Indonesia has delivered the funding needed to achieve the emission reduction targets in 2030, which estimated to be USD$247.2 billion or IDR3.461 trillion. Implementing climate actions to achieve the country’s ambitious goals require a massive amount of sustainable funding and more effective use of current resources from the national budget or other potential financial resources. Therefore, the government plays a crucial role in ensuring that adequate funding is available to finance climate change programs, as well as tracking and monitoring the results of the programs implemented.
With only eight years left to achieve both target in 2030, Indonesia has progressed by showing significant effort in advancing its climate finance as well as mainstreaming innovative financing schemes to close the financing gap between the amount of funding needed and the state’s available fiscal capacity.
Together with UNDP, Government of Indonesia (GoI) has developed and implemented the Climate Budget Tagging (CBT) system that allows the tracking and monitoring of government’s expenditures related to climate change mitigation and adaptation initiatives. Building up on the success of CBT, the Government of Indonesia (GoI) in 2018 issued the world’s first global Green Sukuk, a Sharia-compliant bond which the entirety of its proceeds is allocated towards financing and refinancing government’s climate change mitigation and adaptation projects.
Climate Change Budget Tagging (CBT) is an innovative tool to identify and track how much the government has spent on climate change mitigation and adaptation actions by tagging the spending that fits into the Government of Indonesia’s climate objectives. CBT has been developed and implemented since 2014 by Ministry of Finance with support from UNDP through the Sustainable Development Financing (SDF) program. It involves a detailed assessment of the climate benefits of projects undertaken by line ministries. Initially, CBT has been implemented by central government involves six line-ministries related to climate change mitigation and has expanded to include line-ministries related to adaptation. The number of ministries involvement has been increased since 2018 to present. Based on successful of CBT implementation at national level, since 2020, the Ministry of Finance leverages the efforts to strengthen the commitment by piloting CBT at sub-national level, to identify local government’s participation and commitments in reducing GHG emission targets. The pilot activities have been implemented in 12 areas for last two years.
To continue the process of climate budget tagging at national and sub-national level, as well as to improve the quality of process and reporting analytically and technically, UNDP Indonesia through SDF programme seeks a support from the consultant to analyse CBT data in 2022 and 2023. To implement the project effectively and efficiently, it is necessary to recruit a qualified Climate Change and Public Finance Expert. The national consultant will provide support to the country office on implementation of the SDF and provide technical and quality assurance oversight for the above activities. The Climate Change and Public Finance Expert will be supervised and report to the Deputy Director for Climate Change Financing, Fiscal Policy Agency of the Ministry of Finance and the National Project Coordinator of Climate Finance, Innovative Financing Lab, UNDP Indonesia.
Duties and Responsibilities
The consultant’s assignment will fall under UNDP’s areas of support towards the Government of Indonesia on the climate public financial management issue. Scope of work of the assignment are to:
Competencies and special skills requirement:
Required Skills and Experience
Master’s degree in Economics, Finance, Engineering, Environment, Social Science or other related field
Years of experience: