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Homepage - UN Capital Development Fund (UNCDF)

Making early-stage and last-mile markets investable

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Our mission

The United Nations Capital Development Fund's mission is to contribute to job creation, sustained economic growth and equitable prosperity in almost 80 developing countries and nearly all LDCs.

We do so by crowding in capital through the deployment of risk-absorbing financial instruments, mechanisms and structuring advisory. In partnership with UN entities and development partners, UNCDF operates with speed and agility to deliver scalable, blended finance solutions to drive systemic change and pave the way for commercial finance and scale up by development finance institutions and multilateral development banks.

Our vision

UNCDF mobilizes and catalyses an increase in capital flows for impactful investments in high-risk markets, especially in Least Developed Countries, Small Island Developing States and countries in special situations, contributing to job creation and sustained economic growth.

Our Strategic Framework

News and stories


In focus

European Fund for Sustainable Development Plus (EFSD+)

Landmark guarantee partnership for sustainable cities

FinWise

UNCDF’s flagship programme for its MSME finance and digital finance capabilities

LoCAL+

Mobilising public and private finance for climate resilience

Pacific Insurance and Climate Adaptation Programme

Strengthening the financial preparedness and resilience of Pacific communities

Pro-Congo

Catalytic private sector investment in Congo Basin Natural Capital

Tiger Landscapes Investment Facility

Blended finance mechanism mobilizing private and public capital for tiger landscapes

MSME finance

Mobilizing private capital for MSMEs in Afghanistan

Digital finance

From access to economic opportunity

Subnational finance

Connecting local development to capital

What we do

Our work

Catalysing and mobilizing capital for impactful investments in frontier markets.

Our portfolio

Derisking investments and unlocking capital in Least Developed Countries and other early-stage, last-mile markets.

Strategic framework

Scaling catalytic capital to close financing gaps and build investable markets.

Case studies

Real-world examples of innovative finance driving inclusive, resilient growth.

We are a member of Finance in Common

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UNCDF at a glance

66
Countries and territories
44
LDCs present
23
Fragile settings
~500M
Resources mobilized in US$
+65
Ongoing projects

Explore where we work

Least Developed Countries

Small Island Developing States