The Pacific Islands Forum (PIF) Economic Ministers and officials are meeting in Nuku'alofa today, for a Special Forum Economic Ministers Meeting (FEMM). Among other things, they will discuss the establishment of the Pacific Resilience Facility, the first Pacific-led, member-owned and managed and people-centred climate and disaster resilience financing facility, which will be headquartered in Tonga.
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Results for PRF
Tuesday 25 March 2025
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Nuku'alofa, Tonga
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Wednesday 12 March 2025
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Nuku'alofa, Tonga
The Pacific Resilience Facility (PRF) has received a first capitalisation contribution of 417,000,000 Japanese Yen, approximately USD$3 million, from the Government of Japan. The PRF is the first international financial institution to be collectively owned by Pacific Islands Forum member governments, dedicated to providing small-scale grant financing for Pacific communities. It will be headquartered in Tonga.
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