Current News
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SANAA, 7 May 2008: UNCDF: Mobilizing Capacity Development at the Local Level in Yemen: Working through a decentralized governance structure to build the capacity of local authorities to plan, finance and implement their own development carries many inherent challenges. One such challenge is access – reaching numerous local councils in remote areas to meet and support their individual capacity building requirements.
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FREETOWN, 1 May 2008: UNCDF Targets Local Councils in Sierra Leone for Training in Performance Budgeting : A UNCDF initiative in Sierra Leone has launched a new assault in the battle against poverty: Training local authorities to develop budgets based on performance indicators, and to ensure transparency, accountability and results in their local development plans.
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FREETOWN, 23 April 2008: Sierra Leone: Rebuilding a Country, One Loan at a Time: UNCDF-supported Microfinance Programme Helps Sierra Leonean Businesses to Recover from the Crisis. After more than a decade of civil war, Sierra Leoneans began returning to their country in 2001 in search of lost homes and businesses. That same year, the American Refugee Committee started providing loans to returning and host populations to restart their businesses and lives. Clients used the loans to purchase basic equipment or supplies to begin or expand small-scale trading, production, and service businesses, such as carpentry, market gardens, or street-side tabletop retail enterprises. Within the first year of operations, the programme served more than 3,000 clients through three local partners, developed systems for managing its portfolio and built local staff capacity to effectively disburse and monitor loans.
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DILI, 18 April 2008: Supporting Inclusive Growth in Timor Leste by "Infusing" Financial Services for the Poor New programme addresses financial obstacles at both the level of the micro-entrepreneur and national sectoral policy: UNCDF has launched a major new initiative in Timor Leste that will facilitate easier access to credit, savings and other financial services for the economically disadvantaged, promote inclusive growth and raise the financial sector’s prospects in the country.
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KAMPALA – 7 April 2008: UNCDF Pushes the Envelope on the Role of Local Authorities in Promoting Local Economic Development: Second Experts Meeting held in Kampala, Uganda to Map out Specific Strategies. Since the 1990s, many African national governments and the donor community have displayed a growing interest in Local Economic Development (LED) as a means of spurring economic growth and bringing economic benefits to deprived communities. The assumption is that while the public sector can best provide the basic engine for economic development through the provision of roads, markets and electricity, it is the local private sector that ultimately provides the fuel to generate the levels of growth that can bring people out of poverty.
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NEW YORK – 2 April 2008: UNCDF Financial Inclusion Practice Area Ranks among Best of Participating Agencies in Global Review: New evaluation measures whether funding agencies are set up to support microfinance effectively. As part of an effort to evaluate how well its internal systems, policies, procedures, and incentives are set up to effectively support microfinance, UNCDF recently submitted itself to an external review coordinated by CGAP – the Consultative Group to Assist the Poor. The result: UNCDF received 83 out of 100 points, ranking consistently high in all five elements necessary to effectively promote inclusive and sustainable financial sectors.
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DILI – 27 March 2008: Government of Timor-Leste Upscales UNCDF Local Development Pilot and Expands Funding Allocations: The Government of Timor-Leste has doubled the number of districts participating in the UNCDF pilot programme from four to eight (out of a total of 13) and increased its funding allocation by a factor of five.
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CONAKRY – 18 March 2008: Conflict Prevention and Recovery Through Decentralization and Local Development: UNCDF's effort to build sustainable systems of good local governance in Upper Guinea has heralded more than effective service delivery and new infrastructure - it has brought the first period of peace and stability since social unrest there in early 2007 tore the community apart and destroyed most public buildings.
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NEW YORK – 5 March 2008: UNCDF and the State University of New York Sign Agreement to Expand Education on Microfinance. Agreement expands a microfinance training programme that aims to help poor people in developing countries enjoy greater access to financial services. The Microfinance Distance Learning course, developed for the web, distance learning and classrooms, includes advice and best practices drawn from successful examples across the developing world.
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JOHANNESBURG – 26 February 2008: UNCDF to Explore Ways to Promote Greater Private Sector Investment at the local level through Local Authorities in Africa. Whilst working to strengthen the capacity of local governments to plan, finance and manage their own development, UNCDF is expanding its programmes to focus on finding ways local authorities in Africa can facilitate and support the growth of a vibrant private sector.
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CONAKRY – 25 January 2008 : UNCDF Executive Secretary to Visit Guinea to Launch New Phase of Programme : The Executive Secretary a.i. Henriette, Keijzers, will visit the West African nation of Guinea this week to review the organization’s portfolio of projects and to launch a new phase of the Local Development Programme in Guinea...
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20 November 2007: UNCDF Joins 15 Other UN Agencies to Promote "One UN" Approach in Rwanda The United Nations Capital Development Fund today joined the Government of Rwanda and 15 other UN organizations in signing a “One UN” Programme initiative. The event was held at the Ministry of Finance and Economic Planning (Minecofin) headquarters...
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18 October 2007: UN Organizations Join Forces to Tackle MDG Obstacles in Asia: UNCDF, UNICEF and UNDP work together to improve local delivery of critical MDG-related services in poor Asian communities. The Asia-Pacific region as a whole is making remarkable progress with many of the Millennium Development Goals (MDGs). However, there is uneven progress between and within countries, with many countries falling behind the rest of the world...
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15 October 2007: Inclusive financial sectors: a global issue with an African perspective: An article on Financial Inclusion from the Commonwealth Finance Ministers Meeting 2007. By UNCDF Executive Secretary Richard Weingarten. Although globalisation has been a key driver of the recent economic expansion that has benefited millions of people, these benefits have not been shared equitably either between or within countries. In many cases, particularly in Africa, globalisation has also served to intensify the income inequality gap. Although not a panacea, it is being increasingly realised that an inclusive financial system, one that ensures broad access to a wide range of financial services – from credit and savings to insurance and remittances – can help bridge this gap, leading to reduced poverty and sustained broad-based economic growth.
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25 September 2007: Three UN Agencies Join Efforts to Tackle Gender Inequality in Local Development Gender Equitable Local Development seeks to improve women's access to basic services. As part of the worldwide effort to meet the Millennium Development Goals, there is increasing emphasis on the need for local government reforms to be associated with improving service delivery through local governments. What is often left out of the dialogue, however, is a major cross-cutting concern that merits more attention: the gender dimension of local development and in particular women's effective participation in local government, to help meet their specific needs and address gender inequalities...
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14 September 2007: UNCDF and Partners Launch New Initiative to Accelerate Achievement of Poverty Reduction Goals through Local Governments in Bangladesh UNCDF, together with the European Community, the UN Development Programme (UNDP) and the Danish International Development Agency (DANIDA) joined forces with the Government Bangladesh this month to launch a new "learning and innovation" initiative to improve basic service delivery capabilities at the district level, and to strengthen the capacity of local governments to plan, finance, implement and monitor local development initiatives in partnership with local communities...
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3 August 2007: Microfinance - It does not take much: Interview with UNCDF Executive Director Richard Weingarten (From Global Investor Focus, June 2007) Sometimes small amounts make a big difference. Richard Weingarten, Executive Secretary of the UN Capital Development Fund, explains why microfinance is a good tool for development...
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15 July 2007: UNCDF and UNDP Seek to Accelerate Economic Recovery in Sierra Leone Through Joint Programmes in Local Development The UN Capital Development Fund and the UN Development Programme last week launched a new initiative to reduce poverty in Sierra Leone through the 'Kenema District Economic Recovery Programme' (KDERP). Working as a partner with the Government of Sierra Leone, the UN organizations are seeking to foster local economic development in the country, beginning with a pilot project in Kenema district. The organizations will develop the capacity of both the district and town councils to collect local revenue and provide services and infrastructure...
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5 July 2007: UNCDF, UNDP and Partners Launch Landmark Governance Reform Programme in Laos The Government of the Lao People's Democratic Republic (Laos) recently took another step forward in its efforts to tackle poverty and to exit Least Developed Country status by 2020. Supported by the UN Capital Development Fund, the UN Development Programme and bilateral assistance from the governments of Luxembourg and Switzerland, Lao government officials approved a new phase in the flagship Governance and Public Administration Reform (GPAR) programme, focussing on "Support for Better Service Delivery" (SBSD)...
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28 June 2007: United Nations Advisors Group met in Nairobi to explore innovative solutions for expanded access to financial services Leading financial experts gathered in Nairobi, Kenya on 27 June 2007 for a meeting of the United Nations Advisors Group on Inclusive Financial Sectors. The Advisors Group provides advice and guidance to the UN on the issue of inclusive finance and is exploring ways to increase access to financial services to poor and low-income individuals and small enterprises on a global basis...
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20 June 2007: UNCDF and Partners to provide $6 million boost to Microfinance in Malawi The Government of Malawi and two United Nations organizations yesterday launched a new $6 million programme that is expected to contribute significantly towards poverty reduction by increasing access to financial services that service poor and low-income population groups. The programme is being called Financial Inclusion in Malawi (Fima)...
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12 June 2007: Food Security Addressed through Local Government Initiatives in New Book from UNCDF Food and the Poor: How can democratic local governments reduce food insecurity in Africa?. The United Nations Capital Development Fund has published a new book on food security, with an emphasis on the challenges in Africa. Food and the Poor focuses on Africa and the specific situation of food insecurity for millions of African women and men. Many of its observations and recommendations are also pertinent in other contexts worldwide. The book primarily aims at stimulating further exchange and debate within the UN system and among our development partners and our national government counterparts...
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7 June 2007: UNCDF, UNDP and Government of Liberia Launch New National Decentralization and Local Development Programme In response to President Ellen Johnson Sirleaf's call to bring government closer to the people through a participatory process, a project agreement for the establishment of the Liberian National Decentralization and Local Development Programme (LDLD) has been signed between the government of Liberia, the UN Capital Development Fund and the United Nations Development Programme. The Minister of Planning and Economic Affairs Toga McIntosh signed for the government while the Deputy Special Representative of the Secretary General, UN Resident Coordinator and UNDP Resident Representative Jordan Ryan signed on behalf of UNDP...
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30 May 2007: UN Group Seeks to Increase Access to Financial Services for Poor Press Conference at UN Headquarters reaches out to international media. A United Nations advisors group that was set up to follow up on the International Year of Microcredit has issued a series of key messages targeted at encouraging different audiences to boost access to financial services - from opening bank accounts to taking out loans to buying insurance - to the poor...
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3 May 2007: Government of Ireland Scales up Support for UNCDF Local Development Programme in East Timor Further signaling its support for local governance as an avenue for improving livelihoods, the Government of Ireland recently increased its support for the Local Governance Support Programme (LGSP) in East Timor (Timor-Leste) with an additional EUR 1,150,000 (US$1.53 million) assistance package. The programme is jointly coordinated by UNCDF and the UN Development Programme (UNDP). The support was channeled through Irish Aid, the development arm of the Irish Government...
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4 April 2007 : Local Governance and the Fight Against Poverty : The experience of UNCDF, UNDP and CIDA in the northeast of Haïti. Hundreds of inhabitants of various communities in the northeast of Haiti have managed to increase and diversify their production, thereby appreciably reducing their poverty, thanks to a series of initiatives developed as part of a United Nations project to support local governance...
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2 April 2007: Government of Yemen Expands Democratic Reforms through Decentralized Development Planning: New model of local planning being adopted by an increasing number of donors. An increasing number of donors in Yemen are using a decentralized institutional governance structure to ensure that their development assistance achieves the greatest possible impact in a manner that is sustainable over the long term...
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29 March 2007: Decentralized Planning and Financing Programme in Mozambique Heralded as Best Practice by World Bank and Sussex University: New study on strengthening fragile states highlights success of UNCDF in strengthening local governments. A new publication from the Institute of Development Studies at Sussex University and published by the World Bank has highlighted UNCDF's work in Mozambique as a best practice in building sustainable systems...
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16 March 2007: UN Advisors Group Releases Five Key Messages for Four Key Audiences: Messages Targeted at Addressing Obstacles that Prevent the Poor from Access to Finance. The United Nations Advisors Group on Inclusive Financial Sectors has released "Five Key Messages for Four Key Audiences": statements of best practices for expanding access to finance for the poor targeted at governments, regulators, development partners and the private sector...
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5 March 2007: Remote Ethiopian Community Ensures Sustainable Water Supply: UNCDF strengthens capacity building for planning, budgeting and maintenance, provides grant funds to subsidize construction. KOKIT, METEMA: Gibtsu Sisay is the chairman of the Kokit Kebele Administration Committee. Kokit sits on the Ethiopian side of the border with Sudan, in the northern district of Metema. The region is extremely dry, poor and sparsely populated...
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6 February 2007: United Nations Capital Development Fund (UNCDF) Executive Secretary to Visit Yemen Consultations with Government and Representatives of Local Authorities on Progress made in Implementing the National Decentralization and Local Development Support Programme
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1 February 2007: High-Level Panel Meets to Follow up on Commitments to Tackling African Poverty through Broader Sustainable Access to Microfinance and other Financial Services Madagascar chosen as location for first substantive follow-up to historic United Nations Conference on Financial Inclusion in Africa held in Dakar in June 2006
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24 January 2007: United Nations Capital Development Fund Expands Programmes to Support Local Development and Economic Recovery in War-Torn West African Countries of Liberia and Sierra Leone UNCDF Executive Secretary Visits Region to Expand Programmes that Promote Inclusive Finance and Stimulate Local Economic Development
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3 January 2007: Overcoming Violence and Poverty through Empowered Local Governments A new UNCDF & UNDP programme in Burundi to promote peace and good governance
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22 December 2006: Nicaragua Government Advances its National Decentralization and Local Development Strategy United Nations Capital Development Fund awarded a special recognition in Managua for the technical assistance provided
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21 November 2006: UNCDF Strengthens Support to Decentralized Governance and Local Development in East Timor. Local Governance Programme seen an excellent example of how the UN should be working together for development
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16 November 2006: United Nations Advisors Group Aims to Expand Access to Financial Services for the Poor and Micro Entrepreneurs: UN Expert Group convenes second session in Halifax, Nova Scotia. Leading financial experts from around the world gathered in Halifax, Nova Scotia on Thursday to discuss strategies for improving access of the world's poor to loans, savings, insurance, remittances and other financial services...
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18 July 2006: Local Government Seen as Best Avenue for Advancing Local Economic Development in Tanzania: In line with its mandate to support innovative approaches to local development, the UN Capital Development Fund (UNCDF) has embarked on a new generation of programmes / projects focusing on local economic development in East Africa.
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28 June 2006: UN Advisors Group on Inclusive Financial Sectors Holds First Meeting to Seek Solutions to Poverty Through Improved Access to Financial Services: Leading financial experts will meet at the United Nations this Friday for the first meeting of the United Nations Advisors Group on Inclusive Financial Sectors . The Advisors Group will provide advice and guidance to the United Nations and will seek ways to make a broad variety of financial services accessible for the poor and for small enterprises across the globe.
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10 June 2006: In one of the poorest region of Burundi (Eastern Province of Rutana, near the Tanzanian borders), in collaboration with the Government of Burundi and UNDP, UNCDF is starting a new programme - Support to Reconstruction and Local Development Programme (‘Projet d’Appui à la Reconstruction et au Développement Communal’). The 5-year programme will benefit a population of about 275,000 people, whose livelihoods have been severely affected, since 1993, by a tragic civil conflict, caused by a combination of social, political and economic factors.
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6 June 2006: UN Conference on Building Inclusive Financial Sectors in Africa: Dakar Conference on Financial Access for the Poor Opens to Widespread Optimism and Support
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5 June 2006: UN Conference on Building Inclusive Financial Sectors in Africa: Welcoming Remarks by Richard Weingarten, Executive Secretary of the United Nations Capital Development Fund
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25 May 2006: International Effort Seeks Solutions to Poverty through Improved Access to Financial Services - United Nations Conference on Financial Inclusion in Africa to bring hundreds of practitioners, policy makers and bankers to Dakar
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14 March 2006: Statement by UNCDF Executive Secretary Mr. Richard Weingarten at the occasion of the Asia/Pacific Regional Preparatory Meeting
for the Comprehensive Mid-term Review of the Brussels Programme of Action for the Least Developed Countries.
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06 March 2006: A Decade of Support to Local Planning and Financing in Mozambique: The Government of Mozambique and its partners commemorated 10 years of the Decentralized Planning and Financing Programme in Nampula with a celebration in the district of Mecubúri recounting the numerous achievements of PPFD in the province.
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17 January 2006: United Nations to Publish Comprehensive Guide for Building Inclusive Financial Sectors for Development: "Blue Book" analyzes obstacles poor people and small enterprises face in obtaining access to basic financial services and recommends steps countries can take to increase access to these services
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