 It was launched in 2013 in all districts of Malakand Division, Khyber Pakhtunkhwa, Pakistan, namely, Swat, Shangla, Buner, Lower Dir, Upper Dir, Chitral and Malakand Agency.The Programme for Economic Advancement and Community Empowerment (PEACE) commenced after an agreement worth € 40 million was signed between the Sarhad Rural Support Programme (SRSP) and the European Union (EU).The project runs under the principles of financial sustainability and equitable sharing of benefits with the community for social development purposes.