Sustainable Pacific Blue Circle Fund - Technical Assistance and Incubation Facility

About this project

<p class="ql-align-justify">The proposed project will house a grant facility that will generate a pipeline of investment-ready businesses and projects and engages with key policy and financial sector stakeholders to make sustainable finance more accessible to businesses. The focus will be on private sector development, supporting the local and regional business ecosystem with the goal of improving the capacity of the Pacific to accelerate financial flows towards green, inclusive and resilient transitions. It will be delivered through business incubation and acceleration, enabling environment development and impact screening and monitoring. EU¿s contribution of ¿8 million (2024-2027) will support up to 30 businesses and start-ups to be investment-ready across Fiji, Solomon Islands, Vanuatu and Papua New Guinea.</p>

Goals

Sustainable Development Goals this project works towards

• 5Gender Equality
• 8Decent Work and Economic Growth
• 9Industry, Innovation and Infrastructure
• 11Sustainable Cities and Communities
• 13Climate Action
• 14Life Below Water

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Sectors

Multisector aidFinancial policy and administrative managementEnvironmental policy and administrative management

Focus

Desertification · Also contributesDisaster risk reduction · Also contributesGender equality · Also contributesEnvironment · Main focusBiodiversity · Also contributesClimate mitigation · Also contributesClimate adaptation · Also contributes

Places

889 - TFSP_46, 889 - Solomon Islands, 889 - ACP EU Development Minerals Programme_02, 889 - BF-WB_09

Funded by

European Commission

Implemented by

UNITED NATIONS CAPITAL DEVELOPMENT FUND

Accountable

Regional Development Bank

Passes funds through

Directorate-General for International Partnerships

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2024-PC-31780.

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