
Prime Minister Hon. Jeremiah Manele, in his role as Chair of the Pacific Islands Forum, today launched the Pacific Resilience Facility (PRF) Capitalisation Memorandum at the United Nations Headquarters in New York during the 80th UN General Assembly.
Prime Minister Manele told development partners that the PRF is the Pacific’s own financial facility designed to help countries like Solomon Islands and other small island states access much-needed climate finance. He said the PRF will strengthen the resilience of Pacific communities to the impacts of climate change, a threat he described as urgent and real for the Blue Pacific region.
The Prime Minister confirmed that 15 Forum countries, including Solomon Islands, have already signed the agreement to establish the PRF at the recent Pacific Islands Forum Leaders Meeting in Honiara.
“The PRF symbolises the resilience of Pacific peoples and communities. It is our united vision to reduce vulnerability without leaving anyone behind,” Prime Minister Manele said.
The PRF aims to raise US$500 million over the next 15 months and will serve as a game-changing regional initiative to bridge the gap in accessing climate finance.
Prime Minister Manele said a strong and well-capitalised PRF will not only support Pacific countries but also influence global reforms to ensure fairer access to climate resources for small island states.
The launching of the PRF Capitalisation Memorandum marks the official opening of the pledging window, which runs from September 2025 to December 2026.