Federal Formula Grant Award Summary

The Department of the Interior's Office of Insular Affairs (OIA) awarded $417,275 in formula grant funding to the Republic of the Marshall Islands Ministry of Finance under the Economic, Social, and Political Development of the Territories program (CFDA 15.875) for the period October 1, 2025 through September 30, 2026. This funding is designated to support the environment sector of the Republic of the Marshall Islands, consistent with OIA's mandate to provide federal assistance to the three freely associated states and enable development initiatives across insular areas.

The award reflects the formula grant component of CFDA 15.875, which comprises approximately 25 percent of the program's portfolio. The funding will be administered by the Ministry of Finance, which serves as the primary recipient and administrator of U.S. federal assistance to the Marshall Islands under the Compacts of Free Association. While specific environmental sub-projects are not detailed in the award description, the Ministry of Finance has demonstrated capability in managing multi-sector development programs, including environmental conservation, natural resource management, and infrastructure projects that support the Marshall Islands' four atolls and various islands.