WHO WE ARE
ABOUT UNCDF
The UN Capital Development Fund assists developing countries in the development of their economies by supplementing existing sources of capital assistance by means of grants, loans and guarantees, first and foremost for the least developed among the developing countries.
As a Flagship Catalytic Blended Financing platform of the UN, UNCDF utilizes its unique capability to crowd-in finance for the scaling of development impact where the needs are greatest—a capability rooted in UNCDF’s unique investment mandate—to support the achievement of the 2030 Agenda for Sustainable Development and the realization of the Doha Programme of Action for the least developed countries, 2022–2031.
UN General Assembly Resolutions
These UN General Assembly resolutions establish the founding framework for UNCDF and the work it carries out
History of uncdf
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A unique mandate and focus on the LDCs
Governance and Funding
The UN Capital Development Fund was created in 1966 by the UN General Assembly. It is an autonomous, voluntarily funded UN organization, affiliated with the UN Development Programme.
The UNDP Executive Board also functions as the UNCDF Executive Board. The Executive Board—officially the UNDP/UNFPA/UNOPS Executive Board—consists of 36 member states from regional groupings that serve on a rotating basis and meet three times per year. About two-thirds of the Executive Board is comprised of programme countries, while the remaining third is made up of donor countries. The Executive Board is subordinate to the Economic and Social Council and, ultimately, the United Nations General Assembly. The Administrator of UNDP is also the Managing Director of UNCDF. The Executive Secretary has been entrusted with administering the majority of UNCDF operations. Similar to UNDP, UNCDF receives contributions from member states and international development partners. The financial architecture of UNCDF is comprised of core voluntary contributions, flexible non-core funding, and earmarked funds. In the past decade, UNCDF's annual financing has more than doubled.
Our team
Our team of professionals and specialists provides informed direction on the underlying programming agenda and positioning of the organization.
OUR MISSION
UNCDF’s mission is to support market development by enabling entities to access finance in high-risk environments for impactful investments by deploying financial instruments, mechanisms and 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, pave way for commercial finance, and contribute to the SDGs.
OUR VISION
UNCDFs vision is to mobilize and catalyze an increase in capital flows for SDG impactful investments to Member States, especially Least Developed Countries, contributing to sustainable economic growth and equitable prosperity.
Theory of change
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Sustainable Development Goals
The UNCDF vision is that LDCs are able to access and leverage the development impact of capital to enable sustainable and inclusive economic growth and achieve the Sustainable Development Goals.