About the Last Mile Finance Trust Fund and the LDCs

In line with the Addis Ababa Action Agenda and the Agenda 2030

To ensure that growth is equitable and sustainable, leaving no one behind, it is important that finance flows to the “last mile”—where development needs are greatest and where resources are most scarce.

The Last Mile Finance Trust Fund allows donors to support the UN Capital Development Fund’s use of innovative financing and business models to promote sustainable development in the “last mile” areas of the Least Developed Countries (LDCs): where resources are scarcest and the development challenges for underserved populations the greatest.

The LMF-TF will allow UNCDF to use different types of funding from public and private donors to reinforce each other—core funding that supports operations and earmarked non-core funding for programs and form an intermediary flexible and thematic funding for the organization to be more efficient and effective.

In this way, UNCDF can provide support along the entire spectrum of an investment’s financing needs to support LDC governments, build capacity in the public and private sectors, and realize the goal of building viable, sustainable businesses that continue their development impact into the future.