UNCDF has been present in Liberia since 2004, improving local service delivery and strengthening poverty reduction. UNCDF also supports the Government of Liberia in developing its financial sector that will provide sustainable access to a broad range of financial services for poor and low-income populations and for small and micro enterprises.
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 the Inclusive Digital Economies and Local Transformative Finance practice, UNCDF is promoting access to digital financial services to support financial health and accelerate achievement of the Sustainable Development Goals, notably for smallholder farmers and agricultural SMEs. UNCDF has worked on identifying the specific financing needs of agricultural MSMEs while also designing an innovative finance mechanism specifically for such enterprises.
The Government of Liberia is also engaged through the Local Climate Adaptive Living Facility (LoCAL). Collaboration has included design and scoping missions to initiate LoCAL as well as entering in a cooperation agreement to accelerate results under National Determined Contributions (NDCs).