Vietnam Energy Transition Finance Consultant

About Climate Policy Initiative (CPI)

Climate Policy Initiative (CPI) works to improve the most important energy and land use policies around the world, with a particular focus on finance. CPI supports decision makers through in-depth analysis on what works and what does not. CPI works in places that provide the most potential for policy impact, including Brasil, Europe, India, Indonesia, Kenya and the United States. Our work helps nations grow while addressing increasingly scarce resources and climate risk. This is a complex challenge in which policy plays a crucial role. CPI is a small but dynamic organization, with a global reach and an entrepreneurial culture. We work hard to maintain an idea-driven, collaborative environment across all our teams.

CPI’s Climate Finance program guides decision makers who are working to ensure economic growth while addressing increasingly scarce resources and climate risk. Enough capital exists to transition the world into a low-carbon, climate-resilient economy. However, current investment in climate-friendly development falls far short of the need. CPI works to redirect finance from high- to low-carbon activities and helps decision makers use their resources wisely. We provide much-needed information on climate finance flows, apply in-depth analysis to guide decision makers on their efforts, and support innovation in finance to address investors’ needs and lower costs.

Project Summary

Indonesia and Vietnam are both still heavily rely on fossil fuel for supporting their economic activities. As the first and the fourth largest economy in ASEAN, energy is essential to support the growing demand. However, both countries have also committed to achieve Net Zero Emissions (NZE), Indonesia by 2060 and Vietnam by 2050. In order to achieve the NEZ targets, both countries should implement energy transition.

Energy transition require high investment cost for developing renewable energy sources and the supporting systems as well as to retiring existing fossil fuel energy sources. Although there are already some donors that promise to provide funding support, the total funding required to achieve the target is still much more than what the international committee has committed to allocate. Therefore, involvement of private financial institutions, including local financial institutions to support funding energy transition projects are crucial.

Background of the Study

CPI has been supporting the implementation of climate financing, including energy transition financing in some countries across the globe. In Indonesia, CPI have been providing supports to financial institutions and financial sector regulator through facilitating discussion, knowledge sharing with related stakeholders, and conducting related studies. Some examples of CPI support to Indonesia related to energy transition financing is in development of Transition Taxonomy and Green Transition Taxonomy, and as members of Financial Working Group in the development of Comprehensive Investment and Policy Plan for Just Energy Transition Program. CPI has also been providing trainings and advisory and organizing discussions among financial institutions in Indonesia.

To create a broader impact for climate finance development in developing countries, CPI understands the needs to strengthen the cooperation among developing countries. With similar geopolitical condition and challenges, Indonesia and Vietnam would benefit from sharing its knowledge and experience to each other. CPI, with its experience in assisting energy transition Indonesia, can facilitate knowledge and experience sharing between the two countries. CPI would also like to gain more understanding of Vietnam financial sector appetite in funding energy transition projects to share it to Indonesia counterpart.

To achieve that purpose, CPI is seeking a local organization in Vietnam that has good understanding of the local financial sector and excellent networking to the local financial institutions, to work as a consultant.

Position Summary

The local consultant is expected to be an active collaborator, working with CPI in reaching out to Vietnam local financial institutions to gather updated information regarding the progress of the energy transition financing in the local financial sector. The consultant would act as CPI focal point in Vietnam for the project. The consultant is also responsible in reaching out to the related stakeholders for this project, particularly the local financial institutions on behalf of CPI to communicate the purpose of the project, obtain support to the project, organize discussion and knowledge sharing event, and gain feedback to improve the process of the discussion and knowledge sharing.

The consultant is also responsible in identifying the main challenges that the local financial institutions in Vietnam are facing in funding energy transition projects. Together with CPI, the consultant is expected to provide suggestions and facilitate knowledge transfer that would unlock more financing for energy transition projects. The consultant shall have the right to be acknowledged as partner and collaborator in events and deliverables arising out of the project.

Key Responsibilities

• Collaborating closely with CPI’s team in implementing the project i.e. planning and executing a series of workshops/discussion events, including the topic, participants, and speakers;
• Obtaining necessary support/endorsement from related stakeholders regarding the project;
• Communicating to the local stakeholders regarding the projects to gain support to allow smooth implementation of the project.
• Reaching out to the local financial institutions and create a database of financial institutions
• Keeping up with the updated situation in the country to identify risks and barriers to the implementation of the project and taking required actions to mitigate them.
• Coordinating with Event Organizer consultant in organizing and conducting workshops/events for the Project
• Coordinating with Communication consultant in documenting the activities related to the projects materials and producing publication materials.
• Producing high-quality materials/report on lesson learned/results of discussion from the series of workshop.

The Consultant shall have proven expertise and demonstrable experiences in:

1. Implementing project in clean energy financing/climate finance.
2. Having vast networking in Vietnam local financial institutions and the related stakeholders
3. Organizing and conducting workshop/discussions/knowledge sharing with multiple stakeholders, particularly in financial sector.
4. Ability to communicate methods, results and recommendations to expert and non-technical audiences
5. Superior written and verbal communications skills in English

To Apply

Interested Consultant candidate shall submit following documents:

1. Cover letter
2. Offering proposal, covering proposed methodology, implementation schedule and financial proposal
3. Curriculum vitae of organizational or individual expertise
4. Sample of previous work in English.

Visit this link to submit an application by 28th March 2024. Only short-listed applicants will be contacted.