UNCDF and UNDP are separate organizations: they have different mandates, raise their funding separately, and publish separate financial statements.

But UNCDF and UNDP are, by design, highly complementary. UNCDF’s development finance mandate is a natural counterpart to UNDP’s focus on technical assistance and capacity building. UNCDF shares UNDP’s governance and operational structures, and the two organizations cooperate on a wide range of programmes and initiatives throughout the LDCs.

UNCDF purchases many of its “back office” services from UNDP, and the two organizations are often co-located at the regional and country levels.

UNCDF also collaborates with the wider group of UN development agencies, including UNICEF (decentralized social protection in Nepal), UN Women (Gender Equitable Local Development in Africa), UNOPS, ILO (micro-insurance), IFAD (remittances).