Taiwan has committed US$3 million to the Pacific Resilience Facility (PRF), a regional climate and disaster response fund. The contribution will be distributed over three years, reflecting Taiwan’s support for Pacific-led initiatives to strengthen resilience against climate challenges.
The PRF, launched during the recent Pacific Islands Forum (PIF) in the Solomon Islands, is designed to help Pacific nations access financing and implement sustainable development projects. The facility aims to secure US$500 million in initial capital, with a long-term goal of raising US$1.5 billion.
Other pledges include US$64 million from Australia, US$25 million from the United States, and US$3 million from Japan. Despite not being invited to this year’s PIF meeting, Taiwan’s contribution highlights its commitment to regional cooperation and sustainable growth.