UNCDF has the potential to catalyse and drive frontier finance models into the “last mile” in least developed countries with a range of old and new partners, but only with a predictable resource base to support its work. In 2015, total UNCDF revenue was $58 million, compared to $88.3 million in 2014.
Core contributions continued to fall in 2015, with a sharp decline from $16 million in 2013 to $11.6 million in 2015. This is well below the $25 million needed for UNCDF to operate in 40 LDCs.
Non-core contributions in 2015 totaled $47.2 million, dropping by 37 percent from the record high of $74.6 million reached in 2014.
In 2015, UNCDF’s top core donors were Switzerland, Sweden, Belgium, Luxembourg, the United States, Norway, Australia, Austria, Liechtenstein and China. Two LDCs, Myanmar and Lao PDR, supported UNCDF through core resources. Thailand is also a core donor from the G77 group.
UNCDF’s top overall donors were the UN Multi-Donor Trust Fund, Australia, Sweden, the European Commission, Belgium, Switzerland, The Bill & Melinda Gates Foundation, The MasterCard Foundation, the United States, Denmark and Luxembourg.