The Sub-National Development Bank (SNDB) continues increasing its contribution to Indonesia’s economy and regional development. With 27 SNDBs registered by the OJK, recorded at the beginning of 2022, SNDB’s total assets reached 885 trillion rupiahs, with a year-on-year profit of 3.6 trillion rupiahs and core capital of 94 trillion. In Java, SNDB already has a market share of 10–12 percent, further showing the potential of SNDB to compete with national and commercial banks. The significance of SNDB’s contribution makes it have a strategic role in funding and allocating financial resources to support climate adaptation on a regional scale (UNCTAD, 2022), as well as being a key stakeholder in stimulating the development of a low-carbon economy.

However, SNDB’s potential contribution to low-carbon development and the economy must still be utilized. Compared to the national banking industry, which has begun to adopt green banking principles and has practically implemented sustainable finance schemes to support the funding of environmentally friendly business activities, SNDB still faces several issues, including (1) SNDB’s lack of understanding of the perspective of climate physical and transitional risk, (2) SNDB’s lack of internal capacity to understand and respond to climate risks that pose long-term risks for economic and regional development, and (3) The current low-carbon initiatives have yet to facilitate the SNDB’s funding scheme.

Our research is interested in exploring the role and actual conditions faced by SNDB in supporting low-carbon development and economy in Indonesia, primarily related to the need for SNDB internal capacity building as one of the essential capitals for future decarbonization action plans in the region. The research cooperates with The Center for Climate and Sustainable Finance (CCSF) of The Institute for Sustainable Earth and Resources at the University of Indonesia and Yayasan Visi Indonesia Raya Emisi Nol Bersih (ViriyaENB).

Key Responsibilities

  • Actively involved in preparing scientific articles, including collecting the necessary supporting references
  • Apply knowledge gained from reading materials or references supporting scientific and policy-related research.
  • Assist in conveying research results or developments.
  • Work cooperatively with the research team and partners throughout the research.

Requirements

  • Fresh or master’s graduate (S1 or S2) in international relations, history, finance, economics, and other development studies.
  • Interested in interdisciplinary, sustainability themes.
  • Critical thinking, result-orientedness, and a highly motivated attitude are exceptional.
  • Strong writing capacity and good command of written English are necessary.
  • Preferably with writing experience.

Benefits

  • Monthly compensation.
  • Writing training with experts.
  • Involved in research activities and exposure to publications.
  • Opportunity to get involved in several high-profile events.

Kindly send your

  • Cover letter
  • CV
  • Writing portfolio or other research-related publication (If any)

To: https://bit.ly/SNDBProject

Deadline: January 7th, 2024. Only shortlisted candidates will be invited to interview.