Bappenas and Ministry of Finance (MoF) successfully supported ICCTF by creating the necessary regulatory framework for a national Indonesian trust fund thereby also enlarging public options in choosing between different implementation modalities. In 2014 Bappenas issued a new Ministerial Regulation (Permen) ministerial regulation No 10, 2014 on Lembaga Wali Amanat (LWA) ICCTF as a new legal basis for ICCTF as a national trust fund. Attempting to make the new arrangement operational, Bappenas approved/signed the establishment of a Board of Trustees Majelis Wali Amanat (MWA), a governmental budget entity under state-budget system called Satuan Kerja/SatKer  and a contractual agreement with Bank Mandiri as selected Fund Manager (Pengelola Dana Amanat). 

Hence, four years after its creation, ICCTF does have the necessary regulatory environment, steering structures and budgeting processes in place to fulfill its role in Indonesia’s climate finance landscape. Building on this success, the task is now – step by step – to :

Further elaborate the details of roles and functions of the different bodies (Board, Supporting Unit, Fund Manager)
Specifically, clarify the organizational structure and human resources of the ICCTF MWA secretariat, thereby creating the necessary preconditions for developing core competencies such as M&E and Financial Management,
Define internal management, core and support processes
External relations and communication.


Note :

[1]ICCTF is established as a nationally managed trust fund that complies with both national system and international fiduciary standard. It was established under Bappenas Ministerial Decree (Kepmen) No.044/M.PPN/HK/09/2009 and No.5 9/M.PPN/HK/09/2010. After issuance of Presidential Regulation (Perpres) No.80/2011 on Trust Funds, ICCTF committed to adjust its legal basis and arrangement to comply with the regulation

[2]This includes elaborating how foreseen core competencies, like M&E and Financial Management, are transferred into organizational structures and HR plans. For the latter, this needs to be defined in light of ICCTF’s ambition to receive full accreditation as NIE which will allow direct access to climate funds managed by the GCF.

Bylaws in its current version describe the roles and responsibilities of the individual bodies within the existing governance structure. The roles of the ICCTF Secretariat are described below (also see entire bylaws for a full description):



ICCTF Secretariat


Specific duties of Secretariat are as follow:


Composition



Additional resources:

- Business Plan (2014-2020)
- Bylaws and SOPs
- Governance
- News (MWA meetings)


To learn more about ICCTF’s organizational structure, its roles and responsibilities, please send us an email at to finance@icctf.or.id