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contributes to the achievement of the Millennium Development Goals in Least Developed Countries through a variety of innovative approaches in both local development and microfinance.
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March 12, 2010: Innovation in Local Development Finance UNCDF Experts in Local Development and Municipal Finance, Development Partners, Local Governments from North and South, Microfinance Institutions, Banks and Associations of Local Governments Gather to Explore Innovative Approaches to Local Development Finance ***MEDIA ADVISORY*** NOTE: Media credentials can be requested at http://www.unhabitat.org/content.asp?typeid=19&catid=584&cid=7859 Rio De Janeiro, Brazil – High level Government representatives, Local Economic experts, UNDP and UNCDF representatives will convene on Monday, 22 March 2010 (2.00pm – 4.00pm) in Rio De Janeiro, Brazil as part of the 5th World Urban Forum “The Right to the City: Bridging the Urban Divide” to discuss innovative financing modalities to enable Local Governments to partner with the local private and financial sector to respond to growing demand not only for the delivery of basic social services but also…
March 11, 2010: UNDP-UNCDF supports women participation for Timor-Leste’s local development Dili, Timor Leste - Dulce Junior is a Timorese 36-year old mother of two boys. As many other women around the world, she manages her time between her family and her job. Since 2008, she was a planning and implementation officer and recently has been promoted as the Chief of Department for the Local Development Programme (LDP) at the Ministry of State Administration (MSATM) of Timor-Leste. The LDP was launched as a national pilot program in 2004 as one of the components of the joint UNDP-UNCDF Local Governance Support Programme (LGSP).…
March 09, 2010: Mobile money gets coverage in Vanuatu Port Vila, Vanuatu - Mobile phones offer huge potential to change the way we send and save money. The provision of financial services, often referred to as “mobile money” has leapt on to the world stage in the past few years. In just three years since it was launched by Safari.com, over eight million Kenyans are transferring money and making payments from their mobile wallets. Similar systems in the Philippines, Cambodia, India and elsewhere are already reaching millions in Asia. Over 30 representatives from a broad range of organizations meet last…
March 05, 2010: Central Banks Focus on the Unbanked Port Vila, Vanuatu - Central banks have made a commitment to support each other in building more inclusive financial systems. This was agreed during a two day meeting of senior representatives of central banks from Vanuatu, Papua New Guinea, Solomon Islands, Samoa and Fiji facilitated by the Pacific Financial Inclusion Programme (PFIP) and Alliance of Financial Inclusion (AFI). The goal of financial inclusion is to extend access of financial services to rural and low-income communities. In the Pacific an estimated 70% of the population lack access to basic financial services such as…
March 04, 2010: Central Banks Gear up for Financial Inclusion Port Vila, Vanuatu - Central banks of the Pacific are becoming active in building more inclusive financial systems. Representatives of five Pacific central banks recently met to discuss how to extend financial services to the unbanked, including how to oversee new technologies such as mobile phone banking while protecting clients. It is estimated that only 30% or less of Pacific Islanders currently have access to basic financial services making it the least banked region in the world. Mr. Odo Tevi, Governor of the Reserve Bank of Vanuatu, opened the meeting saying “The…
 February 23, 2010: Rulindo Nommé "Most Business Friendly District" Par le Rwanda Development Board et la Fédération du Secteur Privé du Rwanda Kigali, Rwanda - Le District de Rulindo a été nominé « most business friendly district » à l’issue d’une compétition nationale organisée fin 2009 par le Rwanda Development Board (http://www.rdb.rw/) et la Fédération du Secteur Privé du Rwanda (http://www.psf.org.rw/). L’objectif de cet exercice est de valoriser les entrepreneurs et investisseurs ruraux, ainsi que les initiatives publiques décentralisées (districts) visant la promotion de l’entrepreneuriat, des investissements et du développement du secteur privé en milieu rural. > Contribution du programme FENU (PADC/GR) dans l’obtention de ce prixCe prix a été en grande partie…
February 19, 2010: UNDP-UNCDF LGSP supports Timor-Leste in developing a Joint National Programme on Decentralization Dili - In the rural and remote Loihuno village of Ossu sub-district in Viqueque located about 150 kilometers east of the Timor-Leste capital Dili, Mr. Manu Bosi (not his real name), knows the difficulty of accessing basic government services in a young nation where the state machinery is stretched to the limit and key services—and resources—are available mostly in the big city. “In my village people think the government is based in Dili, “says Renato, a cousin of Bosi who is based in Dili. “We would like it to be…
February 11, 2010: Government and Development Partners Conclude Workshop on Development Fund Guidelines Monrovia, Liberia: The Government of Liberia with support from the United Nations Capital Development Fund and the United Nations Development Programme have concluded a one day workshop on Local Development Fund guidelines for the effective utilization of the first tranche of U$ 300,000 being allocated to six counties as Local Development Fund. The workshop was intended to educate six pilot counties in the country on the importance of financial management procedure, structure of the fund and Public Procurement methods that will enhance effective and efficient systems and procedures to make the…
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