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This page provides information on the availability and sources of APEC project funding. It describes the eligibility criteria for APEC, as well as the different types of project

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 its various Sub‑Funds, and self-funding.

Estimated Funds Available, Project Session 2, 2015

The following table provides an estimate of funds available. 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 Project Session 2, 2015    
General Project Account (GPA) $1,038,057
   
Trade & Investment Liberalisation and Facilitation Account (TILF) $761,844
   
APEC Support Fund (ASF) General Fund $833,632
   
ASF Sub-funds  
(i) Human Security $220,305
(ii) Health & Emergency Preparedness $136,727
(iii) Energy Efficiency $3,195,001
(iv) ANSSR $524,189
(v) Supply Chain Connectivity $1,215,615
(vi) Mining $469,000
Total GPA+TILF+ASF $8,394,371

  • Figures are estimates.
  • Any unspent monies will be rolled over into future project funding sessions.
  • All figures are USD.









Description and Eligibility Criteria for APEC Project Funds

General Project Account (GPA)

GPA funding is sourced from mandatory annual APEC membership contributions. There are no restrictions on funding from the GPA. It can support all types of APEC projects. 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.

Trade and Investment Liberalisation and Facilitation Account (TILF)

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 was established in 1997. TILF funding is sourced from voluntary contributions from APEC economies. All APEC economies may apply for funding under TILF.

All TILF projects must clearly contribute to achieving trade and investment liberalisation and facilitation objectives that are articulated by Leaders’ or Ministers’ directives or relate to at least one of the 15 areas listed in Part 1 of the Osaka Action Agenda.

The funding criteria for TILF require member economies to self-fund a percentage of the overall project cost. The self-fund requirement is 50% of the total value of the project for non-travel eligible economies, and 20% of the total value of the project for travel eligible economies.  An economy proposing a project could be exempted if it has made a voluntary contribution to the project fund. If the 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.

Voluntary contributions to TILF since 1997 are as follows: Japan has contributed US$ 44 million, including US$ 258,575 in 2014; US contributed US$ 1,897,265 from 2007 to 2012; New Zealand contributed US$ 59,006 in 2013 and US$ 186,790 in 2014.

APEC Support Fund (ASF)

ASF funding is sourced from voluntary contributions from APEC economies. All APEC economies may apply for funding under ASF. There is no self-funding requirement for ASF-funded projects.

ASF projects must clearly demonstrate that they address the capacity-building needs for APEC developing economies in agreed high-priority areas for economic and technical cooperation, although projects are still open to participation by all APEC members. Capacity building in this context is activities that enable people, businesses, and government departments to improve their skills and knowledge to engage in trade and investment liberalization and facilitation.

These criteria apply to the ASF-General Fund and ASF Sub-Funds that are described below.              

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 ASF General Fund are the ECOTECH Priority Themes articulated in the Manila Framework, 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 since 2005 to the ASF General Fund are as follows: Australia: US$ 14 million; China: US$ 2 million; Korea: US$ 2 million; United States: US$795,142; Japan: US$ 637,051.            

APEC Support Fund – Sub-Fund on Human Security

Established in 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 to this sub-fund since 2006 are as follows: Russia: US$ 1,840,000; Chinese Taipei: US$1,500,000; Australia: US$ 717,700.                                                         

APEC Support Fund – Sub-Fund on Health and Emergency Preparedness

Established in 2006, this Sub-Fund supports Priority 2 and 3 of the ASF Sub-Fund on Human Security.

Voluntary contribution to this Sub-Fund since 2006 are as follows: Australia: US$3,235,600                                                                                                       

APEC Support Fund – Sub-Fund on Energy Efficiency

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

Voluntary contributions to this Sub-Fund since 2009 are as follows: Japan: US$ 16.7 million; Chinese Taipei: US$ 500,000; United States: US$ 392,000. 

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

Established in 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.

To be eligible for funding under this Sub-Fund, projects must address agreed activities that are stated in each developing economy’s ANSSR action plan.

Voluntary contributions to this Sub-Fund since 2011 are as follows: Australia: US$ 3,136,550

APEC Support Fund – Sub-Fund on Supply Chain Connectivity

Established in 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.

To be eligible for funding under this Sub-Fund, project concept notes must be endorsed by the Committee on Trade and Investment (CTI) for inclusion on the Supply Chain Connectivity Framework Action Plan. This must be done prior to submitting the concept note for funding. Detailed instructions on the process for approaching CTI can be accessed HERE.

Voluntary contributions to this Sub-Fund since 2014 are as follows: United States: US$ 1 million; Australia: US$ 470,300; Chinese Taipei: US$ 200,000; Hong Kong, China: US$ 150,000; Singapore: US$ 100,000; New Zealand: US$ 85,430. 

APEC Support Fund – Sub-Fund on Mining

Established in 2015, this Sub-Fund supports activities in APEC developing economies that improve the enabling environment for trade and investment in mining, and improve the capacity of local businesses, the mining industry and/or regulators, in one of the following areas: sustainability, corporate social responsibility, and transparent and efficient regulation and governance.  Projects must involve the private sector, and they must also address APEC’s gender objectives by demonstrating that they will benefit women, and in particular not disadvantage women.

To be eligible for funding under this Sub-Fund, project concept notes must be endorsed by the Mining Task Force (MTF). This must be done prior to submitting the concept note for funding. Detailed guidance on the eligibility criteria for this Sub-Fund, and instructions on the process for approaching MTF, can be accessed HERE.

Voluntary contributions to the Sub-Fund since 2015 are as follows: Australia: US$ 958,000.

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.






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