The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 least developed countries (LDCs). With its capital mandate and instruments, UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development. UNCDF’s Local Development Finance Practice(LDFP) is a centre of excellence and innovative funds for local government finance and local economic development finance in the world’s 47 LDCs. To promote and support transformative investments through local governments and domestic banks in LDCs, LDFP designs, pilots and tests out financing mechanisms and business models in both public and private sectors that support locally designed public investments and revenue generating capital investment projects.
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- Share best practices on performance-based climate resilience grants that are applicable to climate change adaptation and disaster risk reduction.
- Engage disaster risk reduction community in the work or the Local Climate Adaptive Living Facility (LoCAL) and integrate disaster risk reduction into LoCAL events