07/10/2026
FIJI COMMITS TO USD $10 MILLION TO PACIFIC RESILIENCE FACILITY
Fiji will contribute USD $10 million to the capitalisation of the Pacific Resilience Facility.
Prime Minister Hon. Sitiveni Rabuka made this announcement while addressing Forum Leaders, Ministers, partners and development stakeholders at the “Turning Climate Finance Into Community Resilience through the PRF” side-event on the margins of the PreCOP31 conference in Nadi this morning.
Prime Minister Rabuka said Fiji’s contribution demonstrated its confidence in a Facility designed and led by Pacific countries to ensure climate finance reaches vulnerable communities in a timely and accessible manner.
“For a nation of our size, this is no small commitment,” Prime Minister Rabuka said.
He said the PRF reflected the Fijian spirit of solesolevaki, where communities work together and contribute what they can to achieve a common goal.
“That is the spirit behind the Pacific Resilience Facility,” he said.
The PRF is a Pacific-owned, Pacific-led and Pacific-managed international financial institution designed to provide grant financing for climate resilience without adding to the debt burdens of vulnerable countries.
Hon. Rabuka said Pacific communities already understood the climate risks they faced but often lacked access to finance at the scale and speed required to implement local solutions.
“What they too often lack is not knowledge or will, but finance that arrives in time, at the scale required, and on terms that do not add to the burdens they already carry,” he said.
Hosted by the Kingdom of Tonga, the PRF is now operational, with its first grants already reaching communities across the region.
For this, PM Rabuka said Fiji’s contribution was also a call for other partners to support the PRF as Forum Leaders work towards its USD 500 million capitalization target.
“I therefore ask our partners to join us. Invest in the PRF, so that we arrive at COP31 in Antalya showing the world that the means to enhance resilience can be built from the ground up,” he concluded.
Fiji ratified the PRF Treaty in May, helping bring the Facility into force.