The Challenge

Development in the LDCs of the private sector and local economic development is critical to poverty reduction and job creation. However, development is limited by the lack of adequate finance for infrastructure and agriculture-processing projects coupled with poor business-enabling environments. Both government officials and private sector stakeholders need concrete roadmaps and capacity-building interventions that empower them to develop and finance critical infrastructure projects as well as to improve the underlying business-enabling environments.

How We Are Helping?

The Local Finance Initiative (LFI) is an innovative global programme that addresses this challenge through a targeted technical programme aimed at unlocking domestic financial sectors and improving business-enabling environments.

LFI achieves its goals through developing small and medium-sized demonstration projects, applying proven financial techniques with targeted credit enhancement, coupled with targeted capacity-building interventions, including on-line consultation and information tools.

In Detail