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A leading green growth organization based in Jakarta is looking for an Investment Officer to support climate innovation and entrepreneurship initiatives. The successful candidate will manage projects, engage with various stakeholders, and contribute to developing green investment policies. A bachelor's or master’s degree in relevant fields and over 5 years of experience in project management are required. The role offers a competitive salary and benefits without relocation support.
Based in Seoul, Republic of Korea, the Global Green Growth Institute (GGGI) is an intergovernmental organization founded to support and promote a model of economic growth known as “green growth”, which targets key aspects of economic performance such as poverty reduction, job creation, social inclusion, and environmental sustainability. GGGI works with countries around the world, building their capacity and working collaboratively on green growth policies and green investment projects that can impact the lives of millions. The organization partners with countries, multilateral institutions, government bodies, and private sector to help build economies that grow strongly and are more efficient and sustainable in the use of natural resources, less carbon intensive, and more resilient to climate change.
Currently, GGGI supports the Government of Indonesia (GoI) under the joint GoI-GGGI Green Growth Program (GGP, “the Program”). The Program aims to demonstrate that green investments can become the norm both for investors and planners, ultimately improving the quality of economic development for more environmental sustainability and social inclusion. Through the Program, GGGI collaborates with the Ministry of Development Planning (BAPPENAS), the Coordinating Ministry of Economic Affairs, Ministry of Finance, Ministry of Energy and Mineral Resources, Ministry of Environment and Forestry, PT Sarana MultiInfrastruktur (“PT SMI”) and others.
GGGI has been collaborating with the Korea Development Bank (KDB) in the design of the GCF Program “The Collaborative R&D programme for Promoting the Innovation of Climate Technopreneurship (FP240)” (the Program) to support climate technology industries and entrepreneurship in Southeast Asia. The funding proposal (total project size USD 221 million) was approved by the 39th Green Climate Fund (GCF) Board meeting in July 2024. (https://www.greenclimate.fund/project/fp240)
The Program is composed of four components:
The Program will create an incubation and acceleration platform to build capacity of local entrepreneurs, support joint ventures and technology transfer between local entrepreneurs and global climate technology firms, and strengthen the ecosystem for climate technology in five countries in Southeast Asia – Cambodia, Lao PDR, Indonesia, the Philippines, and Viet Nam. The Program will contribute to their transition to low emission and climate-resilient development and enable investment in climate ventures/companies in the region by establishing a USD 200 million Climate Technopreneurship Fund co‑financed by the GCF and private investors.
GGGI will lead country-level acceleration readiness activities (Component 1) and ecosystem building (Component 4) as an Executing Entity (EE) together with KDB. The program will invest in approximately 40 companies in climate technology and business in the region, expecting to ultimately avoid 1.6 million tons of GHG emissions and reach 2.3 million direct and indirect beneficiaries.