The Local Finance Initiative (LFI) is a United Nations Capital Development Fund (UNCDF) programme playing a vital role in overcoming these obstacles, by demonstrating that local small and medium sized infrastructure projects that are prioritized by local governments and communities can successfully attract domestic funding. LFI provides seed capital and technical support (for example, project structuring, financial evaluation and structuring, preparation of project investment memorandum and introduction of risk-mitigation strategies) to Local Government Authorities and private developers to enable projects that are otherwise un-bankable to be de-risked and taken to an investment-ready stage, facilitating access to domestic capital.