INDONESIA : INDIVIDUAL CONSULTANT - ESTABLISHMENT OF GREEN FINANCE NETWORK

GGGI supports stakeholders through complementary and integrated workstreams – Green Growth Planning & Implementation and Knowledge Solutions – that deliver comprehensive products designed to assist in developing, financing, and mainstreaming green growth in national economic development plans. The Program, known as the GoI-GGGI Green Growth Program (GGP), supports the Government of Indonesia (GoI) in renewable energy, green cities and special economic zones, and forest and land-based mitigation and adaptation projects, green investment. The program aims to demonstrate that green investments can become the norm for investors and planners, improving the quality of economic development with environmental sustainability and social inclusion. Through the Program, GGGI collaborates with ministries including BAPPENAS, the Ministry of Environment, the Coordinating Ministry of Economic Affairs, the Ministry of Finance, the Ministry of Energy and Mineral Resources, and the Ministry of Public Works, among others. In August 2023, GGGI started implementing a regional low-carbon building project.

Asia Low Carbon Buildings Transition (ALCBT) is a five-year project (2023–2028) implemented in five Asian countries—Cambodia, India, Indonesia, Thailand, and Vietnam—with financial support from BMWK (Germany) under the International Climate Initiative (IKI). GGGI implements the project through a consortium of HEAT International, the ASEAN Centre for Energy (ACE), and Energy Efficiency Services Limited (EESL). In Indonesia, the Ministry of Public Works (MPW) and the Ministry of Energy and Mineral Resources (MEMR) are government counterparts for project implementation.

The ALCBT project seeks to significantly reduce GHG emissions by catalysing nationwide transitions to low-carbon buildings (LCB) in Indonesia. Technical, planning, and institutional tools for low-carbon buildings will be developed and implemented by key public and private sector stakeholders, including ministries, subnational administrations, developers, building owners, suppliers, engineers, and architects; multilateral and bilateral development institutes, financial services institutions such as ESCOs and banks; academia and training institutes. The project will run through mid-2028 (Outcome). Results will be achieved through standardized tools and systems for managing carbon emissions from the building sector and piloting them in project countries (Output I); enhancement of capacity for current and future building industry practitioners (Output II); establishment of financial pathways for low-carbon buildings (Output III); and knowledge and tools accessible online to stakeholders in project countries, across ASEAN, and globally (Output IV).

To facilitate scale-up of green financing in the building sector, a Green Finance Network (GFN) will be established and / or strengthened under Output III of the ALCBT project. It will be implemented at the national level across the five project countries, designed to be industry-driven and to bring together banks, investment institutions, energy service companies, building-energy-financial regulators, and development finance institutions (DFIs) to enable LCB finance. The network will support capacity building, knowledge sharing on financing products and services, business model development, and the creation of a project pipeline. The ALCBT project will also support design and transition planning to sustain the GFN’s operations after the project concludes. In Indonesia, there is significant potential to develop green finance instruments including green bonds, sustainability-linked loans, concessional finance, and blended investment models, offering substantial opportunity for the GFN to make an impact.

In this regard, GGGI will engage an individual consultant with expertise in finance, economics, sustainable development, and / or related fields to support the setup and operationalization of Indonesia’s GFN, ensuring activities align with the priorities and maturity of the country’s financial sector.

OBJECTIVES OF THE 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 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 regional consultations to support the design of the GFN Secretariat, including input from Indonesian stakeholders.

DELIVERABLES AND PAYMENT SCHEDULE

The expected outputs of the Consultant are as follows :

Table 1 : Outputs of the Consultant

Payment terms : 1 week after contract signing (approx. 1 Oct 2025).

Percentage of contract value : 10%

Payment terms : 5 weeks after contract signing (approx. 3 Nov 2025).

Percentage of contract value : 50%

Payment terms : 10 weeks after contract signing (approx. 8 Dec 2025).

Percentage of contract value : 30%

Payment terms : 12 weeks after contract signing (approx. 22 Dec 2025).

Percentage of contract value : 10%

This assignment is expected to be completed over a 3-month period, from September 22, 2025 to December 22, 2025. All reports and outputs must be delivered in both English and Bahasa Indonesia, following GGGI formatting requirements, and submitted in soft copy with raw data, research materials, meeting minutes, and interview notes. The consultant shall also prepare a PowerPoint presentation for government, GGGI, and other stakeholders. The consultant will report to the GGGI ALCBT Project Coordinator in Indonesia for the completion of all tasks and duties.

This is a delivery-based contract with payments according to the schedule above. The consultant shall report to and coordinate day-to-day activities with the GGGI ALCBT Project Coordinator in Indonesia. Progress will be monitored through periodic review meetings. Upon GGGI’s request, the consultant shall produce a formal progress report (2–3 pages) that describes assignment objectives, milestones, actual progress, and deviations as applicable. Regular offline and / or online progress meetings will be held with GGGI and ALCBT consortium members. Key performance indicators are 100% on-time delivery and no late, incorrect, or incomplete delivery as per the outputs.

EXPERTISE INFORMATION

ADMINISTRATIVE INFORMATION

Candidates shall submit the following documents :

Only shortlisted candidates will be invited for interview, written test, or presentation. Reference checks will be conducted. The applicant’s references must provide information about past performance and abilities. The consultant will ensure : availability during the project period; no conflict of interest. All required information must be included in the application package. Interested candidates should send the information to the careers link :

Subject : ALCBT Indonesia : Green Finance Network Establishment in Indonesia Consultant

All applications must be submitted no later than September 25, 2025 , at 11 : 59 PM Korean Standard Time (KST). Applications submitted after the deadline will not be considered.

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