Phase-1 of the Joint Financing Arrangement (JFA) between IGAD and Pooled Fund Partners (Denmark, Finland, Norway and Sweden) has been operational from October 2009 to June 2012. The objective JFA mechanism is to help IGAD build its institutional capacity to deliver its mandate of regional integration, maintenance of peace and security and sustainable management of environmental resources in the region. Following the tangible and positive contribution of JFA phase-1 to the IGAD effort in institutional capacity, the Pooled Fund Partners and IGAD agreed to continue with JFA Phase-2, which was officially signed on 28 August 2012 in Addis Ababa. JFA Phase-2 will run from July 2012 to December 2014 and contribute significantly to the financing of implementation of IGAD Institutional Strengthening Action Plan (ISAP).