
Governance and Funding
The UN Capital Development Fund (UNCDF) was created in 1966 by the UN General Assembly. It is an autonomous, voluntarily funded UN organization, affiliated with the UN Development Programme.
While UNCDF is an autonomous organization, since 1967, the UNDP Administrator has also held the role of Managing Director of UNCDF, with the Executive Secretary taking primary responsibility for overseeing UNCDF’s day-to-day operations and programs.
Similar to UNDP, UNCDF receives contributions from member states and international development partners. The financial architecture of UNCDF is comprised of core voluntary contributions, flexible non-core funding, and earmarked funds. In the past decade, UNCDF's annual financing has more than doubled.
These UN General Assembly resolutions establish the founding framework for UNCDF and the work it carries out