The Government of Solomon Islands and Chair of the Pacific Islands Forum have announced a pledge of USD$1 million to the Pacific Resilience Facility. Photo credit: PIF.
Source: PIF
Pacific leadership and solidarity have been on display as the Government of Solomon Islands and Chair of the Pacific Islands Forum (PIF) announced a pledge of USD$1 million to the Pacific Resilience Facility (PRF).
Pledges to the PRF now stand at USD167 million, reflecting the strength of the Blue Pacific’s relationships and strong momentum as the region intensifies its collective efforts to reach the USD500 million target by the end of 2026.
In addition, the Republic of the Marshall Islands (RMI) formally deposited its instrument of ratification of the Agreement to Establish the Pacific Resilience Facility (PRF Treaty) with the PIF Secretary General Baron Divavesi Waqa.
Marshall Islands is the third Forum member to ratify the Treaty following Tonga and Nauru.
The announcements were made during the PRF Partners Roundtable Talanoa, or Tok Stori, convened in the margins of the 2025 Annual Meetings of the World Bank and the International Monetary Fund (IMF) in Washington DC.
Prime Minister and Minister of Finance of Tonga Hon Dr ‘Aisake Valu Eke says the PRF offers an investible, credible and compelling alternative to the climate investment proposition.
“It is a consequential climate investment established by Pacific Islands Forum Leaders,” Prime Minister Eke says.
“Robust governance mechanisms are in place to ensure accountability and transparency, supporting investor confidence in the Facility.”
The talanoa, moderated by the Governor of the Central Bank of Solomon Islands, brought together PIF Economic and Finance Ministers, sovereign investors, development partners, and global climate funds to discuss the PRF as the Pacific’s first international financial institution dedicated to supporting climate and disaster resilience for the most vulnerable Pacific communities.
Vice President of Kiribati, HE Dr Teuea Toatu says the Pacific’s long tradition of self-reliance is transforming into a global example of collective climate leadership – a partnership model that turns foresight into action and vision into reality.
Secretary General Waqa adds the PRF is not just another financing mechanism.
“It is our own solution, designed by and for the Pacific,” he says.
“Today’s announcements demonstrate that our countries are leading from the front, investing in our shared future, and showing the world that partnership begins with our own commitment to each other.”
The PRF is the first Pacific-led, owned, and designed international financing facility, established to strengthen community resilience to climate change and disasters.
Fifteen PIF leaders signed the PRF Treaty at their annual meeting in Honiara, Solomon Islands last month affirming the region’s collective determination to advance locally led action for a safer, more secure, and resilient Blue Pacific.
Visit the PRF website for more information.
