UNCDF has been present in Benin since 1981, intervening over the past three decades with projects aimed at reinforcing the decentralization process, strengthening national capacities to support local economic development, and improving food security.
Today, UNCDF offers catalytic finance models that unlock public and private resources in “last mile” environments, especially at the domestic level, to reduce poverty and support local economic development.
In Benin, UNCDF is currently implementing its Mobile Money for the Poor (MM4P) programme, supporting and cooperating with banks, mobile network operators and regulators to help reach millions of currently unbanked residents.
UNCDF is also implementing its Making Access Possible (MAP) programme, which produces diagnostics of financial inclusion disaggregated by gender, geography, income and other demographics to help financial service providers, policymakers, and regulators better address underserved segments of the population.
Additionally, the Local Climate Adaptive Living Facility (LoCAL) programme enables local governments to cope with the increased costs of building resilience to climate change and natural disasters.