UNCDF at the comprehensive High-level Midterm Review of the implementation of the Istanbul Programme of Action (IPoA) for Least Developed Countries

As the midpoint of the decade-long programme of action draws near, the UN General Assembly has decided to hold the comprehensive High-level Midterm Review of the implementation of the Istanbul Programme of Action (IPoA) for Least Developed Countries from 27 to 29 May, 2016, in Antalya, Turkey.

 

UNCDF turns 50!

The UN Capital Development Fund turns 50!

UNCDF turns 50 in 2016, the very first year that the global community has been collectively called upon to step up to the challenge of achieving the SDGs. The history of UNCDF is more than the story of an agency’s growth from a small fund financing stand-alone capital infrastructure, to an organization with the unique role of testing new financial models to reach the ‘last mile’, helping public and private actors develop sustainable models to support growth that is inclusive and sustainable.

 

LFI

Public-private partnerships have become a mainstay of growth and development for rich and poor countries alike.

Local Finance Initiative is designed to promote sustainable, inclusive and equitable growth in Least Developed Countries (LDCs) by developing local investment opportunities that can deliver transformative impact for financing by the private sector and preferably domestic capital markets. The design phase of the programme confirmed that domestic capital is not used to support small and medium-scale infrastructure development at the rural and sub-national level.

 

MicroLead

Over 2.7 billion people around the world do not use formal financial services.

MicroLead, a global initiative to support the development and roll-out of deposit services by regulated financial service providers, seeks to respond to the rural vacuum of services. MicroLead is working with a variety of FSPs and TSPs to reach rural markets with demand-driven, responsibly priced products offered via alternative delivery channels in combination with financial education so that customers not only have access but actually use quality services.

 

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