Matanataki Pacific Fund 1 (“MPF1”) is a proposed US$50 million climate adaptation, gender equity impact fund for the Pacific, which will provide investors with access to community-serving, gender equitable businesses that deliver climate resilience to Pacific communities, with coral reefs as the guiding star indicating the health and climate resilience of the whole. MPF1 aims to bring together institutional and private investors with aligned values, and channel investment into long term Pacific-owned businesses which will deliver climate resilience for Pacific Island communities. To realise this vision, Enyorra Private Equity Pte Ltd (“EPE”), and a locally embedded team, Matanataki Pte Ltd (“MPL”), will co-execute to contribute to the growth of Pacific-led fund management and equity investment expertise in its region by strengthening “boots on the ground” fund management capability, providing an example of how just and equitable capital markets can be built through the deployment of Pacific-appropriate investment strategies. financial instruments and business support.

EPE, the fund manager and PSAA Applicant (“Applicant”), will facilitate a comprehensive set of project preparation activities to develop the Funding Proposal (“FP”) for the MPF1 fund, which seeks to invest into the following seven Pacific Small Island Developing States (SIDS): Fiji, Papua New Guinea (PNG), Solomon Islands, Vanuatu, Tonga, Samoa, and Kiribati; and MPL is the recipient of a working capital loan, which will provide the financial resources for team members to visit the target countries and meet with stakeholders, including NDAs and potential investees. The scope of PPF activities covers Fiji and Vanuatu only, who have provided the Applicant with PPF No Objection Letters (NOLs).