This booklet summarizes key assessments of UNCDF since 2004. The overall picture is encouraging: UNCDF’s work in inclusive nance and local development nance is widely seen as relevant to reducing poverty and achieving the Millennium Development Goals. Though there is room for improvement in some
areas, on the whole UNCDF is shown to be performing effectively. UNCDF intends to keep it that way for the period to come, under the post-2015 Development Framework.