AC prepared a Project Brief entitled “Pacific Islands Logistics for Economic Development and Green Environment (PLEDGE) Project” for the Pacific Islands Development Bank (PIDB) to be used in sourcing funds to support identified development projects of its 8 member-governments, namely: Guam, FSM States of Yap, Kosrae, Chuuk, Pohnpei, Republic of Palau, Commonwealth of Northern Mariana Islands and Republic of Marshall Islands. PIDB will act as the borrower and wholesaler of the said funds. It will lend the funds to accredited financial institutions or conduit banks in member-countries which in turn, will lend to investment enterprises or end-borrowers.