The UNCDF 2022 – 2025 Strategic Framework identifies UNCDF as a sub-national financing hub for the wider UN system and most importantly for the member states, cities and citizens that we serve. This function is driven and managed by UNCDF’s Local Transformative Finance Practice (LTF) and, where appropriate, utilizes complementary functions such as the loans and guarantees platform (LDCIP).

The LTF team is united by a shared belief and understanding combined with a technical specialization. The belief is that a financial ecosystem that works better for regions, towns, cities and local governments in a necessary accelerator of the global development goals, especially – but not exclusively – with regards to the Least Developed Countries.

The technical specialization is the competence and skills to work with partners to build a policy environment and to pilot financial mechanisms, public and private business models that bring about this change. This competence built on over 20 years of experience in local government finance and local economic development finance.

The mission of the UN Hub for Subnational Finance is to support its clients in designing, testing and scaling up inclusive mechanisms for sub-national finance, particularly for the urban transition, the green transition and the productive transition

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