The UN Capital Development Fund was established in 1966 by the UN General Assembly
It is an autonomous, voluntarily funded UN organization, affiliated with the UN Development Programme.
History of UNCDF
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.
UN General Assembly Resolutions
These UN General Assembly resolutions establish the founding framework for UNCDF and the work it carries out.
What We Do
Mobilizing and deploying impact capital for development in the LDCs is more critical now than ever
Mobilizing and deploying capital for development in the least developed countries (LDCs) has never been more critical. The decade of action to achieve the Sustainable Development Goals began with an unprecedented health and socioeconomic crisis that may push up to 32 million more people living in LDCs back into extreme poverty.
The more than 1.08 billion people who live in LDCs face challenges ranging from their informal, undiversified economies to climate change and the global coronavirus disease (COVID-19) pandemic
These countries need capital to invest in infrastructure and human development to build institutions, establish market systems, support entrepreneurship, harness the potential of youth, and achieve basic standards of living for all.
With its unique mandate and focus on the LDCs
UNCDF works to invest and catalyze capital to support these countries in achieving the sustainable growth and inclusiveness envisioned by the 2030 Agenda for Sustainable Development and the Doha Programme of action for the least developed countries, 2022–2031.
Strategic Framework
UNCDF aims to accelerate financing for development in the LDCs by supporting them to achieve three interlinked strategic game-changers
1. Catalyse
Catalyze additional private, and public flows of capital
2. Strengthen
Strengthen market systems and financing mechanisms
3. Accelerate
Accelerate inclusive, diversified, green economic transformation
Under this Strategic Framework, 2022-2025, UNCDF will realize its full potential as a hybrid development organization and development finance institution
by fulfilling its overall financing mandate with capital deployment, financial advisory services, and capital catalyzation.
The following are vacancies at UNCDF:
Title: Innovative Finance Specialist, IPSA 11 - UNCDF GFCR - Home-Based
Location: Home-Based
Posted On: 08/31/2024
Application Deadline: 13 September 2024
Title: UNCDF Internship - Global Fund for Coral Reefs (GFCR) Communications, Social Media & Storytelling
Location: Home Based
Posted On: 08/20/2024
Application Deadline: 31 December 2024