Poverty Reduction Cooperation Fund

TA 6061: Pacific Fund for Strategic Poverty Analysis - Regional
Financed by Poverty Reduction Cooperation Fund

Project Description

The goal of the TA is to establish the feasibility of creating a Pacific Fund for Strategic Poverty Analysis (Fund) that will provide for more effective and efficient international assistance to the region for institutional capacity building and the analysis and dissemination of poverty data. The project will enable consultative processes with the governments and donors in the Pacific to both assess Fund feasibility and to try to agree the essential procedures and other arrangements necessary for the establishment of the Fund.

This will include recommendations for more creative links with existing relevant regional research institutions, including the use of modern information and communication technology. It is assumed that once the Fund is established there will be more cost effective and efficient collection, analysis, verification, and dissemination of relevant poverty data for all PDMCs. This, in turn, will enable increased awareness of the nature and degree of poverty in the region.

This will also help the construction and updating of poverty lines and other quantification of poverty and the employment of the same in the formulation of prioritized national poverty reduction strategies. It will also help the identification and monitoring of millennium development goal indicators. All PDMCs will be covered under the Fund.