UNCDF has been present in Ghana since 2015, improving the accessibility of financial services for low-income population in urban and rural areas.
Today, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.
Through Financial Inclusion Practice, UNCDF is implementing MicroLead, a global initiative that works with a variety of financial institutions and aims to develop, pilot and scale deposit services for low-income, rural populations, particularly women. Currently, two Microlead projects – Savings Groups (SG) linkage project and The Institutional Transformation of Sinapi Aba – have been launched to provide financial access to formerly excluded population.
Through Local Development Finance Practice, UNCDF is implementing its Local Climate Adaptive Living (LoCAL) programme, designed to help governments channel global climate adaptation financing to the local level. This programme enables local governments to cope with the increased cost of building resilience against climate change and natural disasters. Thirteen small to medium scale climate resilient investments have been selected and implemented in the 3 pilot locations in 2016.