The United Nations Capital Development Fund makes


work for the poor in the 47 least developed countries

UNCDF offers


that unlock public and private finance

Blended Finance

in the Least Developed Countries

in 2019

Find more details below

UNCDF supports

Financial Inclusion

to expand opportunities for individuals, households and small businesses

UNCDF supports

Local Government Finance

to contribute to a sustainable and equitable local development


The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs).

With its capital mandate and instruments, 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.

UNCDF’s financing models work through two channels: financial inclusion that expands the opportunities for indivi duals, households, and small businesses to participate in the local economy, providing them with the tools they need to climb out of poverty and manage their financial lives; and localized investments that show how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion and sustainable development.

Report fraud, abuse and misconduct

In order to strengthen UNCDF's accountability framework and to provide opportunities for bringing to light any misconduct, wrongdoing by any individuals working for or doing business with us, UNCDF has established an Investigations Hotline to ensure that persons wishing to report fraud may do so using the link below.


Blended Finance in the Least Developed Countries 2019

The research in this report can also help to build bridges between the development and private finance communities. Identifying how best we can achieve our shared objectives, including through blended transactions, is an essential prerequisite for achieving the vision enshrined in the 2030 Agenda.

To access the full report, go to


UNCDF and the SDGs

By strengthening how finance works for poor people at the household, small enterprise, and local infrastructure levels, UNCDF contributes to SDG 1 on eradicating poverty and SDG 17 on the means of implementation. By identifying those market segments where innovative financing models can have transformational impact in helping to reach the last mile and address exclusion and inequalities of access, UNCDF contributes to a number of different SDGs.

How does Local Development Finance Support the SDGs?


How does Financial Inclusion Support the SDGs?


UNCDF by the Numbers (2018)


Active Clients
Reached by
UNCDF-supported FSPs


in Savings Mobilized
by Financial Service
Provider Partners


Public and Private Investments Completed


Local Governments
Supported Across
23 LDCs


Clients served by financial products developed with UNCDF support

50.6% were women


New or improved financial products piloted or scaled up
by UNCDF-supported FSPs


UNCDF-supported localized
investments completed
and in use in Climate Resilience


Countries introducing fiscal transfer systems to LGs as a result
of UNCDF support

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