Ministry of Finance and Economic Management, Cook Islands

Type Direct (National)
Date of accreditation 20 Oct 2018

The Ministry of Finance and Economic Management (MFEM) of the Cook Islands is a national entity whose core mandate is to advise the government of the country on economic, fiscal and financial issues. MFEM’s scope of work and functions have implications across all sectors of the government, such as economic development, business management, climate change, natural resources, infrastructure, transportation, energy, agriculture and tourism.

Accreditation timeline

Accreditation term 1

09 Sep 2019 - 08 Sep 2024

Accreditation date

20 Oct 2018

AMA execution date

28 Jun 2019

AMA effectiveness

09 Sep 2019

Term end date

08 Sep 2024

Entity details

Size
- Micro
- Small
- Medium
- Large
Environmental and social risk category
- Category C
- Category B
- Category A
- Intermediation 3
- Intermediation 2
- Intermediation 1
Fiduciary standards
- Basic
- Project management
- Grant award
- On-lending/blending:
- Loan
- Equity
- Guarantee
- Blending

Projects

SAP034

Adaptation

Cook Islands

Akamatutu’anga To Tatou Ora’anga Meitaki (ATOM): Building a healthy and resilient Cook Islands Community – one block at a time

Documents

Title	Type	Date
Facilitating the Cook Islands Ability to Strengthen Long-term Low-emission and Climate-resilient Development MFEM_COK	Approved readiness proposal	21 Aug 2023
Green, Resilient Recovery Rapid Readiness Support in the Cook Islands MFEM_COK	Approved readiness proposal	22 Jun 2021
Building resilient and healthy Cook islands communities MFEM_COK	Approved project preparation funding application	15 Mar 2021
Direct financing for communities and businesses to respond to climate change in the Cook Islands MFEM_COK	Concept note	16 Oct 2020
Accreditation Master Agreement between GCF and MFEM Cook Islands MFEM_COK	Accreditation Master Agreement	28 Jun 2019
NDA Strengthening, Country Programming & Entity Support for Cook Islands through MFEM MFEM_COK	Approved readiness proposal	13 Jun 2017
NDA Strengthening support for Cook Islands through MFEM MFEM_COK	Approved readiness proposal	25 Aug 2015

Contacts

Mr. Mani Mate

Primary

Director of Development Coordination Division

mani.mate@cookislands.gov.ck

Ms. Tessa Vaetoru

Secondary

Accredited Entity Manager

tessa.vaetoru@cookislands.gov.ck