FY2025 RMI trust fund payment republic of the marshall islands trust fund for the people of the republic of the marshall islands in the amount of $200000000PERIOD of availability 10012024 to 09302025

This $200,000,000 Formula Grant awarded by the U.S. Department of the Interior's Office of Insular Affairs under the Economic, Social, and Political Development of the Territories program (CFDA 15.875) provides critical funding to the Trust Fund for the People of the Republic of the Marshall Islands. The grant supports a wide range of development initiatives in the Marshall Islands, including healthcare capacity building, climate change mitigation, environmental protection, public infrastructure upgrades, and economic strengthening efforts. The funding enables comprehensive, long-term development projects focused on renewable energy infrastructure, natural resource conservation, and sustainable economic planning for the Marshall Islands, in alignment with the U.S. government's ongoing commitment to the Freely Associated States. The grant has a period of performance from October 1, 2024 to September 30, 2025.