The United Nations Capital Development Fund Strategic Framework 2026–2029 is the organization’s core policy, investment, and operational framework. It defines why UNCDF exists, where it intervenes, and how it deploys catalytic finance in the world’s most capital constrained environments.
Adopted by the Executive Board and reaffirmed by Member States in the Compromiso de Sevilla at the Fourth International Conference on Financing for Development, the Framework positions UNCDF as an early stage provider of catalytic concessional capital in Least Developed Countries, Small Island Developing States and fragile settings.
UNCDF operates where risks are highest and markets are incomplete. Through performance based, reimbursable and investment grants, concessional loans, risk absorbing guarantees, and structuring and advisory services, UNCDF changes risk profiles and creates the conditions for larger flows from domestic finance, development finance institutions, multilateral development banks and private investors.
