As of June 2025, a total of US$186 million had been pledged to PFRD (formerly PURSE) and its associated ESPERE trust funds since the inception of PURSE in June 2021.
As of June 2025, a total of US$186 million had been pledged to PFRD (formerly PURSE) and its associated ESPERE trust funds since the inception of PURSE in June 2021.
As of June 2025, a total of US$166 million had been pledged to the PFRD (formerly PURSE) since its inception in 2021. The PFRD MDTF is currently supported by six development partners (DPs) — Canada, France, Japan, Norway, Switzerland and the UK. Of the pledged amount, US$146 million has been paid in. Discussions are ongoing with other DPs to join the MDTF.
PURSE MDTF Trustee Fund
TF073643 | |
APPROVAL | March 19, 2021 |
EFFECTIVENESS | June 27, 2021 |
END OF DISBURSEMENT | December 31, 2031 |
Financial Contributions as of June 2025
Development Partners | Currency | Amount | ||
|
| Pledge Currency | US$ | |
| Canada | CAD | 30.0 | 21.5 | |
France | EUR | 40.0 | 44.0 | |
| Japan | USD | 10.0 | 10.0 | |
Norway | NOK | 710.0 | 71.8 | |
Switzerland | USD | 6.2 | 6.2 | |
| UK | GBP | 10.0 | 13.0 | |
Total (USD) |
| - | 166.5 | |
The PFRD MDTF has two European Commission-funded Associated Trust Funds: the EU Support for the Palestinian Economy and Resilience (ESPERE) I and II. As of June 1, 2025, the EU had pledged a total of EUR 18.7 million to these funds, including contributions of EUR 9 million to ESPERE I and contributions of 9.7 million to ESPERE II.
ESPERE I
As of June 1, 2025, the EU had pledged a total of EUR 9 million to ESPERE I. All of the pledged amount has been paid in.
ESPERE ATF Trustee Fund
TF073875 | |
APPROVAL | October 11, 2022 |
EFFECTIVENESS | October 14, 2022 |
END OF DISBURSEMENT | April 28, 2026 |
Financial Contributions as of June 1, 2025
August 31, 2024 |
| ||
DEVELOPMENT PARTNERS | CURRENCY | AMOUNT | |
Pledge Currency | US$ | ||
EUROPEAN UNION | EUR | 9.0 | 9.7 |
Total (USD) | — | 9.7 | |
ESPERE II
As of June 1,2025, the EU had pledged a total of EUR 9.7 million to ESPERE II. Of these funds, some EUR 7.5 million have already been paid in.
ESPERE II | |
APPROVAL | June 27, 2023 |
EFFECTIVENESS | July 25, 2023 |
END OF DISBURSEMENT | December 31, 2028 |
ESPERE II Financial Contributions as of June 1, 2025
Development Partners | Currency | Amount | |
|
| Pledge Currency | US$ |
European Union | EUR | 9.7 | 10.4 |
Total (USD) |
| - | 10.4 |