Mobilizing and deploying capital for development in the least developed countries (LDCs) has never been more critical. The decade of action to achieve the Sustainable Development Goals began with an unprecedented health and socioeconomic crisis that may push up to 32 million more people living in LDCs back into extreme poverty.
These countries need capital to invest in infrastructure and human development to build institutions, establish market systems, support entrepreneurship, harness the potential of youth and achieve basic standards of living for all.
UNCDF works to invest and catalyse capital to support these countries in achieving the sustainable growth and inclusiveness envisioned by the 2030 Agenda for Sustainable Development and the Doha programme of action for the least developed countries, 2022–2031.
UNCDF aims to accelerate financing for development in the LDCs by supporting them to achieve three interlinked strategic game-changers
Catalyse additional private
and public flows of capital
Strengthen market systems
and financing mechanisms
Accelerate inclusive, diversified,
green economic transformation
by fulfilling its overall financing mandate with capital deployment, financial advisory services and capital catalysation.
This will be coupled with development expertise across five priority areas, including the well-established flagship areas of inclusive digital economies and local transformative finance, as well as the emerging areas of women's economic empowerment, climate, energy, and biodiversity financing, and sustainable food systems financing.
to invest in infrastructure and human development to build institutions, establish market systems, support entrepreneurship, harness the potential of youth and achieve basic standards of living for all.
UNCDF expands its role as the United Nations flagship catalytic financing entity for the LDCs to include strengthening financing mechanisms and systems for structural transformation.
UNCDF combines its Sustainable Development Goal financing capabilities, instruments and sector expertise with the wider development and operational capacities of the United Nations development system to deliver more comprehensive and impactful support for the LDCs.
UNCDF continues to build partnerships with private and public actors to achieve greater results and development impact and unlock additional resources.
To realize its vision and Strategic Framework, UNCDF builds a culture that leverages digital and other types of innovation and encourages integrated approaches that are responsive to the priorities and opportunities of the LDCs.
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