Initiative Name: “Unlocking private capital for sustainable plastic waste reduction in Indonesia” under the Technical Assistance Partnership - Expert Deployment Mechanism (TAP-EDM)
Job type:Short term/temporary
Location of Position: Canada (remote) with travel to Indonesia
Reporting to:Project Manager, TAP-EDM
Remuneration: Fees are subject to negotiation and shall not exceed established market rates.
Indicative LOE/Time Frame: 70-80 days over 5-6 month period
Citizenship: Applicants must be Canadian citizens or have permanent resident status in Canada.
Language Requirements: As required
We welcome applications from individuals and from governmental, non-governmental and private organizations.
A cover letter is mandatory to be considered. Cover letters should detail how you fit the opportunity, your daily fee and current availability.
Please include following in the subject line: [Public Finance Expert: Your last name, your first name].
Use the Apply Nw link to upload your cover letter and CV. Apply Now
Only successful candidates will be contacted. No phone calls please.
At Alinea International we value equity, diversity and inclusivity in everything we do. We are an equal opportunity employer opposed to all forms of discrimination. We actively seek and encourage applications from people of diverse backgrounds recognizing that an inclusive workforce enriches our organization and achieves smarter, more innovative results.
Alinea is committed to safeguarding children and vulnerable adults. Given the nature of our work, candidates will be subjected to due diligence checks and to enhanced background checks as appropriate.
About Alinea International Ltd.
Alinea is an international development consultancy providing technical and management expertise that helps people improve their lives. We work with governments, investors, companies and communities to create lasting change. Over 35 years, Alinea has successfully delivered more than 515 projects worldwide. alineainternational.com
The Technical Assistance Partnership - Expert Deployment Mechanism (TAP-EDM) Project provides targeted, short-term (up to 12 months) technical assistance to National Government Entities (NGE) from eligible OECD-DAC countries. The Mechanism is expected to deploy over 250 Canadian experts via 120-150 technical assistance initiatives designed to resolve capacity gaps to bring about the desired changes of the recipient NGEs. Fully aligned with Canada’s Feminist International Assistance Strategy (FIAP), these initiatives will integrate gender equality, climate action/environmental sustainability, human rights and good governance as key objectives. Canadian experts will come from all walks of life, proudly representing world-class technical human resources but also the diversity and multi-culturalism that is Canada.
TAP-EDM is a four-year C$18,750,000-million-dollar project funded by Global Affairs Canada (GAC) and managed by Alinea International.
About the Technical Assistance Initiative
Indonesia is one of the biggest contributors to plastic leakage into the ocean. The President of Indonesia has committed to reduce marine plastic debris by 70% before 2025. This will require doubling the collection and recycling of plastic waste and building or expanding safe waste disposal facilities. Achieving these goals is estimated to cost USD 18.4 billion according to Indonesia’s National Plastic Action Partnership (NPAP). Leading this work is the National Coordinating Ministry for Maritime Affairs and Investment (CMMAI).
TAI30-2021 will work with CMMAI to design, develop and test one or more workable blended financing models at the national level to be used by local governments and financing partners for both the acquisition and operation of plastics waste management systems that reduce plastic waste leakage. A proof-of-concept approach is envisaged in up to two sub-national locations to build capacity to adapt blended financing solutions to different contexts.
Role and Responsibilities
The following are indicative duties (these may be refined following contracting and an inception period) to be undertaken in close collaboration with the CMMAI and in coordination with the Canadian Waste Management Expert:
Conduct a detailed review/assessment of the financing market in Indonesia, with a particular focus on publicly funded infrastructure projects (waste management).This shall include outlining (via a map): (i) current private sector-led investment on waste management in Indonesia (and Asia); (ii) existing blended financing investment examples in Indonesia (all sectors) (iii) summary of public financing waste management opportunities in Indonesia; with (iv) potential impact investors (international/national govt, private sector, donors, tech suppliers, philanthropic funds, etc.) that include those that support women and marginalized groups; and (v) existing instruments for blended financing in waste management in Indonesia. Map(s) shall segment and highlight investments, opportunities, funders and instruments that focus on support for women/marginalized groups.
From these maps, identify 4-5 sites for conducting proof-of-concept testing of blended financing models. Prescribed criteria will be used to select this “long list” of sites. Assess the technical capacity (human, infrastructure, governance, resources, community involvement) and financial viability to implement a blended financing model for waste management at each site. In partnership with CMMAI, select 1-2 sites from the long list to test the blended financing models.
For each site from the short list, using the map above, develop a selection of blended financing options that offer market-based returns and are compliant with the existing legal, regulatory and structural framework of Indonesia’s finance market system. If appropriate, provide recommendations for legal/regulatory reform to improve the efficiency of the financing system while remaining aligned with current non-negotiable policy/legal positions of the government.
In partnership with the waste management expert, train and coach CMMAI and subnational governments on assessing, selecting, implementing and managing optimal technical and financial options for their waste management systems and PPP options (promoting best practices in procurement). Prepare and deliver workshops on the various blended financing concepts and technical upgrade option pairings for new/renovated waste management systems including processes. The output of this is the selection by trained government officials of a concept/upgrade program/plan for implementation.
For each selected concept and in partnership with the waste management expert, CMMAI, and the subnational governments; co-develop the investment promotion tools and processes (prospectus, term sheet, marketing plan, prospective investor due diligence process/criteria) necessary to implement the selected program/plan in each location. Apply Environment, Social and Governance (ESG) criteria for both financial and non-financial factors/risks that hinder or help the performance of private firms. Identify initial list of target investors.
Provide coaching/mentoring to support the rollout of the options.
Required Qualifications and Experience
Qualified candidates must have the following:
Degree in finance or economics with specific focus on public financial management, public financing programs and innovative financing models (blended finance and impact investing).
7+ years’ experience designing, packaging and implementing multi-investor financing programs (using multiple instruments/models/financing innovations) for capital and operational investment in large infrastructure projects in high/middle/low-income countries. Candidate MUST have a working knowledge of government financing models that include private participation; including private public partnerships (e.g. Build-Operate-Transfer BOT/BOOT) and blended financing schemes. Experience with Blue and Green Bonds is an asset. Experience in Southeast Asia and Indonesia is highly desirable.
Strong understanding of legal, policy and regulatory environment that regulate foreign direct investment and financing in Southeast Asia. Preference is for those with knowledge and experience of the legal and regulatory environment/frameworks in Indonesia.
Possess strong network of international private financial organizations, ideally with experience and an appetite for impact investing in emerging markets in low or middle-income countries. Networks that contain financial organizations that have a presence/history in Indonesia is highly desirable.
Experience with designing, delivering effective training/capacity development, adult learning and experiential activities on financing to diverse groups. Experience facilitator with similar experience designing, delivering workshops to support decision-making and strategic planning.
Demonstrated experience in qualitative and quantitative assessments of financial market systems using different criteria and developing investor prospectus for the investment opportunities.
Applied knowledge of ESG (Environment, Social and Corporate Governance) integration into investment assessments including ESG Risk Ratings and other mechanisms for considering/promoting environmental sustainability and climate action, gender equality and social inclusion into financing schemes. Some familiarity with GBA+ is preferred.
Adaptable, flexible and at ease in dynamic environments.
Superior skills in analysis and technical writing.