United Nations Capital Development Fund (UNCDF)

The United Nations Capital Development Fund (UNCDF) is a UN agency that supports the economic development of countries with developing economies, especially in Africa and Asia. Its primary focus is on providing financial services, investments, and technical assistance to help local governments, businesses, and communities improve their infrastructure, create jobs, and reduce poverty. UNCDF often uses innovative financing methods to unlock funding that might otherwise be unavailable, aiming to foster sustainable growth and local development in underserved regions.