AI PEACE FUND
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INSTRUMENT RELATING TO THE AFRICAN UNION PEACE FUND
This Instrument provides the governance and management arrangements for the African Union Peace Fund. It is intended to enhance our capacity to address the conflict and security issues on the continent of Africa and, to ensure that the African Union plays a central role in bringing about peace, security and stability on the entire continent.
This Instrument has been developed in line with the following:
a) Article 21 of the Protocol Relating to the Establishment of the Peace and Security Council (PSC) of the African Union, which provides for the establishment of a special fund to be known as the “Peace Fund” with the objective of providing the necessary financial resources for peace support missions and other operational activities related to peace and security in Africa;
b) Assembly Decision Assembly/AU/Dec.605(XXVII), adopted by the Heads of State and Government on 17-18 July 2016 in Kigali at a historic retreat on financing of the African Union, to institute a 0.2% levy on eligible imports for all Member States to finance the African Union and establish the Peace Fund as an autonomous fund with its own governance structure, and operational and financial regulations and rules;
c) Communique PSC/PR/COMM. (DCLXXXIX), adopted by the PSC at its 689th meeting on 30 May 2017, in which the PSC endorsed the Enhanced Governance and Accountability Framework of the Peace Fund and its management structure.
This Instrument formally operationalizes the Peace Fund as an autonomous international fund for the prevention, management and resolution of conflicts, and the promotion of peace in Africa.
January 2018
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I. PURPOSE AND GUIDING PRINCIPLES
A. Establishment
The AU Peace Fund (hereinafter referred to inter-changeably as the "Peace Fund", "PF", or the "Fund") is established as an autonomous Fund pursuant to and in accordance with Article 21 of the Protocol Relating to the Establishment of the Peace and Security Council of the African Union adopted by the 1st Ordinary Session of the Assembly of the African Union on 9 July 2002.
B. Purpose
- The purpose of the AU Peace Fund shall be to mobilize and pool resources from African Union Member States and other partners to finance the African Union's operational peace and security activities, and to serve as a focused, predictable, sustainable, flexible and responsive resource for the African Union's support to eligible operational activities in the areas of prevention, mediation, institutional capacity, peace support operations, and any other relevant activities in the area of peace and security in Africa.
- The African Union Assembly, the Peace and Security Council of the African Union, and the Chairperson of the AU Commission, in line with their mandates as contained in the Constitutive Act and the Protocol on the Establishment of the Peace and Security Council, shall have the power to direct the use of the resources of the Fund consistent with the provisions of this Instrument.