Consultant – CWUIC Subsidy Mechanism Design & Financing Strategy

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). This role will be based within the Water and Sanitation Division of the Infrastructure and Energy department.

Key responsibilities

• Conduct a targeted review of existing sustainable subsidy mechanisms and financing approaches relevant to water, climate and infrastructure sectors.
• Develop a design framework for a CWUIC‑specific subsidy mechanism, covering eligibility, targeting, sustainability, and 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 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 potential funding pathways.

Required profile

• Master’s degree in Economics, Finance, Public Policy, Environmental Management, Disaster Risk Management, Business Administration, Engineering or a 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 inputs among multiple stakeholders.
• Citizenship of one of the IDB’s 48 member countries and no close family ties to IDB staff.

Required skills

• Financial analysis and feasibility assessment
• Design of subsidy and financing mechanisms
• Stakeholder facilitation and coordination
• Knowledge of parametric insurance and risk‑financing instruments
• Familiarity with climate‑related funding sources (e.g., GCF, Loss and Damage Fund)