Pacific leaders launch Pacific Resilience Facility Capitalisation MOU in New York

In a move to attract new climate financing investment, Pacific leaders launched a Pacific Resilience Facility (PRF) Capitalisation Memorandum at a roundtable talanoa on the sidelines of the 80th United Nations General Assembly (UNGA80) this week, 23 September in New York. It charts the Pacific's course to secure the initial US$500 million for the PRF, with a bold vision to grow to US$1.5 billion.