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== Agencies == The executive branch also has some independent agencies, including the Environmental Quality Protection Board, created in 1981 and tasked with protecting the "unique and aesthetically beautiful environment while promoting sustainable economic and social development". === COFA Trust Fund Board === To manage the funds appropriate to Palau from the United States through the Compact of Free Association (COFA), the COFA Trust Fund Board was reestablished in 2014. The Board meets monthly to review the trust fund's performance and meets annually with the investment advisor (currently [[Raymond James Financial|Raymond James & Associates]]' Asia-Pacific Group, based in [[Guam]]).<ref>{{Cite web|url=https://www.palaugov.pw/cofa|title=COFA Trust Fund Board β PalauGov.pw|language=en-US|access-date=2019-02-28}}</ref>
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