Bank of the Cook Islands

The Bank of the Cook Islands Limited (BCI) is a national direct access entity based in the Cook Islands. Established under the Bank of the Cook Islands Act of 2003, BCI operates as a state-owned enterprise to support economic development and social inclusion. Headquartered in Rarotonga with branches on nine of the Cook Islands’ 15 islands, BCI provides banking services and tailored financial products to communities, businesses, and the private sector, emphasizing sustainability and inclusivity in alignment with national development strategies like the National Sustainable Development Plan.

As a partner to the GCF, BCI aims to enhance access to climate finance for the Cook Islands by leveraging its expertise in on-lending and blending concessional loans. It has prioritized on promoting renewable energy, sustainable tourism, and climate-resilient infrastructure projects, with a commitment to integrating climate resilience into all funded initiatives. Through its collaboration with the private sector and government entities, BCI seeks to catalyze transformative climate actions while aligning with the Cook Islands’ Nationally Determined Contributions and long-term sustainable growth goals.

By emphasizing gender equity, environmental sustainability, and financial inclusivity, BCI plays a crucial role in fostering climate resilience and economic development. Its strong ties with local communities, combined with a robust environmental and social management framework, position it to become BCI as a vital driver of low-carbon, climate-resilient development in the Cook Islands.