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 relevant financing approaches worldwide.
• Develop a design framework for a subsidy mechanism tailored to the CWUIC context, covering eligibility, targeting, sustainability, and alignment with CCRIF and CWUIC structures.
• Facilitate discussions with CWUIC stakeholders, including CCRIF, to co‑develop an initial subsidy proposal and assess feasibility and risks.
• Engage early‑stage with potential funding sources (e.g., GCF, Loss and Damage Fund) to gauge interest and alignment.
• Prepare an initial concept note and presentation materials for key stakeholders and potential partners.

Required profile

• Master’s degree in Economics, Finance, Public Policy, Environmental Management, Disaster Risk Management, Business Administration, 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, especially climate funds or multilateral development banks.
• Proven ability to facilitate dialogue and coordinate multiple stakeholders.
• Citizenship of one of the IDB’s 48 member countries and no close family working at IDB entities.

Required skills

• Familiarity with parametric insurance and risk‑financing instruments.
• Knowledge of subsidy design, eligibility criteria, and sustainability considerations.
• Understanding of donor requirements and climate‑finance funding pathways.