Looking ahead, UNCDF is
prioritizing four areas:
FIRST, UNCDF will continue to innovate, consolidate and scale up programmes and blended finance approaches, and to evolve and adapt its models based on lessons learned, evaluations, and programme monitoring. Many of UNCDF’s programmes take many years and more than one planning cycle to bear fruit.
SECOND, UNCDF will continue to use its capital mandate to expand the frontiers of finance in LDCs. In particular, this will result in:
- Promoting financing and digital tools to expand financial inclusion and access to real-world goods and services;
- Expanding access to finance for secondary cities and rural municipalities in LDCs in line with the New Urban Agenda;
- Helping local governments respond to and prepare for climate change;
- Using data and diagnostics to drive policy and regulatory decisions related to inclusive finance; and
- Maintaining a strong focus on empowering women.
FOURTH, to make all of this happen, UNCDF will continue to seek to diversify its funding and partnership base to implement its Strategic Framework 2014–2017 and fulfil the promise of the SDGs.
Fully funded, UNCDF will be able to be present in 40 LDCs to support their development goals and help them mobilize much-needed public and private resources at the local level.