Private Enterprise Partnership for the Pacific (PEP-Pacific)

Established in 1990, PEP-Pacific is managed and partially funded by IFC with additional funding from the governments of Australia, Japan and New Zealand. The primary objective of PEP-Pacific is poverty reduction through employment-generating sustainable private sector development.

Through PEP-Pacific, IFC serves member countries including Fiji, Kiribati, Marshall Islands, Federated States of Micronesia, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Timor-Leste and Vanuatu.

PEP-Pacific’s programs focus on three thematic pillars across the region (Access to Finance, Value Addition to Firms, Business Enabling Environment). All programs are designed to:

• focus on facilitating investments in priority sectors;
• work in partnership with and complement existing donor programs;
• address business environment-related issues;
• address and integrate sustainability issues e.g. environment, gender, governance, etc.; and
• have clear metrics (e.g. outputs, outcomes and impact) for effective monitoring and evaluation.