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There are four main sources of funding for APEC projects: the 'General Project Account' (GPA), the Trade and Investment Liberalisation and Facilitation Account (TILF), the APEC Support Fund (ASF), and self-funding.

General Project Account

The GPA is funded from annual membership contributions. It can be used for all types of APEC projects, and supports initiatives under APEC’s economic and technical cooperation agenda (ECOTECH).

All member economies may apply for funding under GPA. Projects may be fully funded under GPA, as there are no self-funding requirements for GPA-funded projects.

Established in May 2005, the priority areas covered by the General Fund are the ECOTECH Priority Themes (Manila Framework approved 2006), specifically:

  • Developing Human Capital;
  • Developing stable, safe and efficient capital markets through structural reform;
  • Strengthening economic infrastructure;
  • Facilitating technology flows and harnessing technologies for the future;
  • Safeguarding the quality of life through environmentally sound growth; and
  • Developing and strengthening the dynamism of Small and Medium Enterprises (SMEs);
  • Integration into the global economy;
  • Human security and counter-terrorism capacity building;
  • Promoting the development of knowledge-based economies; and
  • Addressing social dimension of globalisation.

Trade and Investment Liberalisation and Facilitation Account

Please note: TILF funding is subject to a cap of US$100,000 (not inclusive of any self-funding/co-funding portion of the project) with effect from 1 January 2015.

TILF is sourced from voluntary member contributions. It provides funding for projects that expand cooperative programs and support trade and investment liberalisation and facilitation as articulated by Leaders’ or Ministers’ directives and the Osaka Action Agenda.

All TILF projects must clearly contribute to achieving trade and investment liberalization and facilitation. In particular, each project must articulate how it relates to at least one of the 15 areas listed in Part 1 of the Osaka Action Agenda.

All APEC economies may apply for funding under TILF. The funding criteria for TILF require member economies to self-fund a percentage of the overall project cost. The self-fund criteria is as follows: An economy proposing a project could be exempted from self-funding as long as its total project value (cumulative since the year the economy began its contribution, less self-funding portion) does not exceed the total amount contributed (cumulative since the year the economy began its contribution) by 100% for non-travel eligible economies and by 250% for travel eligible economies. When in excess, the current self-funding requirement (50% for non-travel eligible economies, 20% for travel eligible economies) applies.

Three economies, Japan, the US and New Zealand, have voluntarily contributed funds to TILF. From 1999 to 2013, Japan contributed US$43,741,299, including US$901,782 in 2013. The US contributed US$1,897,265 from 2007 to 2012, including US$400,000 from 2010 to 2012, which has been fully disbursed. New Zealand contributed US$59,006 in 2013, which has been fully disbursed.

APEC Support Fund

The ASF complements GPA and TILF to meet capacity-building needs for APEC developing economies in agreed high-priority areas for economic and technical cooperation. The ASF and its sub funds are sourced from voluntary member contributions.

The ASF was established in 2005. Since then, voluntary contributions have been received from other economies as set out below. Projects funded by the ASF (including its sub funds) are open to participation by all APEC members. ASF funding will be available only for capacity-building projects that primarily benefit and engage developing member economies. APEC defines capacity building as activities that enable people, businesses, and government departments to improve their skills and knowledge to engage in trade and investment liberalization and facilitation. There is no self-funding requirement for ASF-funded projects.

APEC Support Fund – General Fund

Please note: The ASF General Fund is subject to a cap of US$150,000 (not inclusive of any self-funding/co-funding portion of the project) with effect from 1 January 2015.

Established in May 2005, the priority areas covered by the General Fund are the ECOTECH Priority Themes (Manila Framework approved 2006), specifically:

  • Developing Human Capital;
  • Developing stable, safe and efficient capital markets through structural reform;
  • Strengthening economic infrastructure;
  • Facilitating technology flows and harnessing technologies for the future;
  • Safeguarding the quality of life through environmentally sound growth; and
  • Developing and strengthening the dynamism of Small and Medium Enterprises (SMEs);
  • Integration into the global economy;
  • Human security and counter-terrorism capacity building;
  • Promoting the development of knowledge-based economies; and
  • Addressing social dimension of globalisation.

Voluntary contributions to the APEC Support Fund – General Fund for 2005-2013 were:

  • Australia / Australian Agency for International Development (AusAID): AUD$ 12.6 million
  • China: US$ 2 million
  • Korea / Korea International Cooperation Agency (KOICA): US$ 2 million
  • Japan: JPY 52,300,000
  • USA / US Department of State: US$ 767,615

    APEC Support Fund – Sub-Fund A: Human Security

    Established in January 2006, the priority areas covered by this Sub-Fund are:

    • Counter-Terrorism and Secure Trade;
    • Health Security, including Avian and Pandemic Influenza, and HIV/AIDS;
    • Emergency Preparedness; and
    • Energy Security

    Voluntary contributions since 2006 to this Sub-Fund were:

    • Australia / Australian Agency for International Development (AusAID): AUD$ 1 million
    • Russia: US$ 1,840,000
    • Chinese Taipei: US$ 1.5 million

    APEC Support Fund Sub – Fund A: Health and Emergency Preparedness sub fund

    Established in November 2006, this Sub-Fund will support Priority 2 and 3 of the ASF Sub-Fund A.

    Voluntary contributors since 2006 for this Sub-Fund were:

    • Australia / Australian Agency for International Development (AusAID): AUD$ 4 million

    APEC Support Fund Sub – Fund B: APEC Second Trade Facilitation Action Plan (TFAP II)

    Established in February 2008, this Sub-Fund is available for capacity building activities that contribute to the Implementation of the Second Trade Facilitation Action Plan (TFAP II).

    Voluntary contributions since 2008 to this Sub-Fund were:

    • Hong Kong, China: US$ 500,000

    APEC Support Fund Sub – Fund C: Science & Technology Development

    Established in September 2008, this Sub-Fund is available for capacity building activities that support technology flows between members and harnessing technologies for the future.

    Voluntary contributions since 2008 to this Sub-Fund were:

    • Russia: US$ 1,660,000

    APEC Support Fund Sub – Fund D: Energy Efficiency

    Established in July 2009, this Sub-Fund supports capacity building initiatives contributing to the promotion of energy efficiency in the APEC region.

    Voluntary contributions since 2009 to this Sub-Fund were:

    • Japan: JPY 1,140,852,000
    • Chinese Taipei: US$ 500,000
    • USA / US Department of State: US$ 392,000

    APEC Support Fund Sub – Fund ANSSR (APEC New Strategy on Structural Reform)

    Established in May 2011, this Sub-Fund supports capacity building initiatives helping developing economies in the region undertake important reforms such as improving regulatory systems, competition frameworks and governance structures.

    Voluntary contributions since 2011 to this Sub-Fund were:

    • Australia: AUD$ 2,500,000

    APEC Support Fund Sub – Fund SCC (Supply Chain Connectivity)

    Established in February 2014, this Sub-Fund supports developing economies in overcoming specific obstacles they face in enhancing supply chain performance, in line with the capacity building plan to be executed as part of advancing Stage 3 of the Systematic Approach to the Supply Chain Connectivity Framework Action Plan (SCFAP).

    Project concept notes must be endorsed by the Committee on Trade and Investment for inclusion in the capacity building plan before they become eligible for funding consideration through the SCC Sub-Fund. Detailed instructions for including concept notes on the capacity building plan are available here.

    • Hong Kong, China: US$ 150,000
    • New Zealand: NZ$ 100,000
    • Singapore: US$ 100,000
    • Chinese Taipei: US$ 200,000
    • USA: US$ 1 million

    Estimated Funds Available, Project Session 1, 2015

    The following table provides an estimate of funds available for Project Session 1, 2015. The amount available can change depending on new contributions, returned funding from completed projects, and the allocation of funds from the previous approval sessions.

    Project Fund Estimated Funds Available Project Session 1, 2015
    General Project Account (GPA) $975,000
       
    Trade & Investment Liberalisation and Facilitation Account (TILF) $394,277
       
    APEC Support Fund (ASF) General Fund $691,093
       
    ASF Sub-funds  
    (i) Human Security $138,775
    (ii) Health & Emergency Preparedness $113,665
    (iii) TFAP II $145,057
    (iv) Technology $148,080
    (v) Energy Efficiency $3,038,507
    (vi) ANSSR $400,587
    (vii) Supply Chain Connectivity $607,808
    Total GPA+TILF+ASF $6,652,849

    * Figures are estimates as of 23 January 2015.

    ** Any unspent monies will be rolled over into future project funding sessions.

    *** All figures are USD.

    Self-Funding

    “Self-funding” refers to any non-APEC amount provided to the project. Sources can include member economies, private sector partners, or other international organizations. Any sponsorship of projects must meet the requirements of the APEC Sponsorship Guidelines.

    Fully self-funded projects can be put forward at any time to the relevant APEC forum for approval by consensus. These projects do not need to be submitted as concept notes first or assessed using the QAF. They do not need to be approved by BMC. Self-funded projects and self-funded components of projects must comply with the APEC Publication Guidelines.

    POs of self-funded projects must submit the Self-Funded Project Proposal Coversheet into the APEC project database before commencement of the project. POs of self-funded projects are strongly encouraged to submit completion reports, the template for which can be found here.

    Other Information

    APEC Projects Overview can be found here.

    Applying for Funds information can be found here.

    Implementing APEC Projects information can be found here.






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