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Least Developed
products (savings, credit, insurance, payments, With its capital mandate and instruments,
Countries
and remittances) are available to individuals - with UNCDF Programmes UNCDF offers “last mile” finance models that
notably the 'unbanked' - and micro-enterprises
22 in Africa and Unlocking Public and Private
Finance for the Poor unlock public and private resources, especially
as well as small and medium enterprises, at a
9 in Asia & the Pacific at the domestic level, to reduce poverty and
reasonable cost, and on a sustainable basis, to
overcome economic shocks, ensure smooth 38
Development
support local economic development.
consumption, and provide educational and Partners up from UNCDF’s financing models work through two
entrepreneurial investments to enable the 29 in 2010 channels: financial inclusion that expands the
transition out of poverty. UNCDF also hosts the opportunities for individuals, households, and
Better Than Cash Alliance with the objective to THREEFOLD small businesses to participate in the local
increase in the number
promote the use of digital payment systems for economy, providing them with the tools they
of partners from the
gains in transparency, cost effectiveness, and private sector need to climb out of poverty and manage their
since 2010
outreach. financial lives; and by showing how localized
investments — through fiscal decentralization,
UNCDF also works to ensure that people in all innovative municipal finance, and structured
UNCDF Global Thematic
regions and localities can access investment Initiatives & Diagnostic Tools project finance — can drive public and private
resources, whether public or private, in order to use innovative
finance to contribute to
UNCDF AT A GLANCE funding that underpins local economic
benefit from growth. UNCDF’s work aims at
mobilizing domestic resources to support local
food security, climate change,
acces to energy, women’s UNLOCKING PUBLIC expansion and sustainable development.
2 UNCDF consolidates the lessons from the innovation stage to create the leverage for unlocking additional
sources of public and private, foreign and domestic resources that will help countries embed the innovations in
institutions, policies, capacities, and systems. During the consolidation stage, lessons can be drawn about the
implications for replication, capacity development, and market potential.
3 UNCDF and its partner institutions also work with national and international investment partners to create the
conditions for scaling up, for which a leverage of at least 1:10 is sought. Scaling up may involve replication across more
institutions, more populations, more geographic localities, and/or more countries.
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