Description/achievement of initiative
PRIF is a multi-agency coordination mechanism aimed at improving the delivery of development assistance from donors and development partners to the infrastructure sector in the Pacific region. PRIF supports infrastructure development and maintenance in twelve Pacific Island Countries (PICs) through investment coordination, research and technical assistance.PRIF provides a framework for better engagement of countries and development partners to ensure more effective use of available funding and deliver better infrastructure services. Through deeper coordination, PRIF is able to help countries maximise opportunities for improvements in infrastructure service provision.
PRIF seeks to deliver:- Coordinated support - PRIF brings together support from multiple development agencies to make assistance go further and make a bigger difference. Development partners then contribute with their relative comparative advantage in the different infrastructure sectors and activities. - Improved prioritisation based on the national strategies of Pacific Island Countries and sector planning policies, leading to improved alignment of government and development partner priorities.- Better policy frameworks - ensuring that infrastructure investments are efficient, effective and affordable.- Sustainable and resilient infrastructure ensuring effective maintenance of infrastructure and appropriate design responses to natural disasters and climate change impacts;
Arrangements for Capacity-Building and Technology Transfer
Improved capacity of Pacific Island Countries to plan, develop, manage and maintain their infrastructure, and promoting mechanisms that enable technical specialists to exchange information on projects and pipelines, and develop research relevant to the Pacific Islands.
Coordination mechanisms/governance structure
PRIF was initiated in 2008 by the Asian Development Bank (ADB), the Australian Department of Foreign Affairs and Trade (DFAT), the New Zealand Ministry of Foreign Affairs and Trade (NZMFAT), and the World Bank Group (WBG), including the International Finance Corporation (IFC). The European Commission (EC) and the European Investment Bank (EIB) became members in 2010, and the Japan International Cooperation Agency (JICA) in 2013.
Asian Development Bank, Australian Department of Foreign Affairs and Trade, European Union, European Investment Bank,
Japan International Cooperation Agency, New Zealand Ministry for Foreign Affairs and Trade and the World Bank Group.