The UN Capital Development Fund makes public and private finance work for the poor in the world’s 46 least developed countries (LDCs).
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 three channels: (1) inclusive digital economies, which connects individuals, households, and small businesses with financial eco-systems that catalyze participation in the local economy, and provide tools to climb out of poverty and manage financial lives; (2) local development finance, which capacitates localities through fiscal decentralization, innovative municipal finance, and structured project finance to drive local economic expansion and sustainable development; and (3) investment finance, which provides catalytic financial structuring, de-risking, and capital deployment to drive SDG impact and domestic resource mobilization.
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.
people benefitted from
inclusive financial and digital solutions in 43 countries
financial products and services were piloted with support
investments in local
supported in 42 countries
loans and guarantees
in seven countries
in direct financing unlocked by $30M in strategic grants
channelled through decentralized
financing mechanisms developed
with UNCDF support
people, of whom 60% were women, benefitting from COVID-19 localized emergency grants
Get the latest news, resources and insights delivered directly to your inbox