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UNCDF's 50th Anniversary

by UNCDF category: Cause

“It's UNCDF's 50th Anniversary! Through #FinancialInclusion and #LocalDev, #UNCDF50 helps bring #LDCsForward! http://thndr.me/ArTGAp

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This campaign ended on December 13, 2016 at 11AM

UNCDF's 50th Anniversary

On 13 December 2016, the United Nations Capital Development Fund (UNCDF) - the UN’s capital investment agency for the world’s 48 least developed countries - celebrates its 50th anniversary.

Much has changed in the world since UNCDF’s founding in 1966, and while its programmes have evolved over the years, its guiding mission has remained singular and constant: making finance work for poor people.

With a capital mandate unique in the UN development system, UNCDF has consistently helped LDCs find approaches for poor families, underserved communities, and small businesses access the resources they need to build a better future.

As a small organization with longstanding presence and expertise in many of the world’s Least Developed Countries, UNCDF’s proud story is that of making a big difference in the lives of poor men and women.  

It is the story of an organization taking calculated risks, testing out new approaches, creating new markets, and attracting private sector investment to under-served markets. It is also the story of how financial innovations can work hand-in-glove with new technologies, such as digital financial services, and help local economies and poor households become dynamic contributors to growth.

Today, fifty years later, UNCDF is as relevant as ever: with its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, in support of households, localities and small enterprises that are underserved, where development needs are greatest and where resources are scarcest.

On the occasion of UNCDF’s 50th anniversary, as the world focuses on achieving the Sustainable Development Goals, UNCDF is fully committed to ensuring that no one is left behind and is looking to maximize its development impact through innovative financing models, smart public-private partnerships, and targeted programmes that tackle some of the most pressing challenges LDCs and other countries face.

UNCDF is deeply grateful to its funding and implementing partners. Without their critical support over many decades, we would not be able to move from ideas to action. 

 Together, we can help LDCs reach their graduation and development goals and build a more prosperous, fair, and inclusive world for all. 

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UNCDF
@UNCDF

A UN organization.

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