The PEACE model of investigative interviewing is designed to improve the ethical and effective conduct of interviews, developed in the UK during the 1980s to combat miscarriages of justice. It consists of five key components: Planning and Preparation, Engage and Explain, Account, Closure, and Evaluation, each aimed at fostering trust and obtaining accurate information from interviewees. This model emphasizes the importance of rapport, strategic questioning, and ethical considerations in achieving better investigative outcomes.