Consultant – CWUIC Subsidy Mechanism Design & Financing

About the role

The Inter-American Development Bank (IDB) seeks a consultant to assess the feasibility of a structured subsidy mechanism and develop an initial concept to support premium affordability for the Parametric Insurance Program under the Caribbean Water Utilities Insurance Collective Segregated Portfolio (CWUIC SP).

Key responsibilities

• Conduct a targeted review of existing sustainable subsidy mechanisms and financing approaches applied to similar facilities worldwide.
• Develop a design framework for a CWUIC‑specific subsidy mechanism, covering eligibility criteria, targeting approach, sustainability, alignment with CCRIF and donor requirements.
• Facilitate discussions with CWUIC stakeholders, including CCRIF, to co‑create an initial subsidy proposal and perform a high‑level feasibility and risk assessment.
• Engage early‑stage with potential funding sources (e.g., GCF, Loss and Damage Fund) to gauge interest and alignment.
• Prepare a concept note and presentation materials outlining the proposed mechanism, rationale, structure, and funding pathways.

Required profile

• Master’s degree in Economics, Finance, Public Policy, Environmental Management, Disaster Risk Management, Engineering or related field.
• At least five years of progressive professional experience in feasibility assessments, financial and institutional analysis, or advisory work in water, climate, or infrastructure sectors.
• Experience with international financing mechanisms, climate funds or multilateral development banks is highly desirable.
• Proven ability to facilitate dialogue among multiple stakeholders.
• Citizenship of one of the IDB’s 48 member countries and no close family working at IDB entities.

Required skills

• Feasibility assessment
• Financial analysis
• Stakeholder facilitation
• Knowledge of parametric insurance and risk‑financing instruments
• Understanding of climate‑finance funding pathways