UNCDF

19 July 2023. This event will explore key constraints along with concrete solutions, including reforms that would be necessary in the development finance architecture, to increase flows of public and private finance to SMEs, which must play a key role in helping to accelerate economic transformation in LDCs. More information here.

2 June 2022.

Recording available here.

The purpose of the event was to highlight the need for blended finance and the role that donors can play through UNCDF. Potential investee companies, development finance institutions and certain donor and LDC governments participated.

Reports from the Inter-Agency Task Force on Financing for Development and the Intergovernmental Panel on Climate Change raise the alarm bells on a lost decade for sustainable development and a shrinking window of opportunity to address the devastating impacts of climate change. Transitioning to a green, climate resilient global economy will require the mobilization of unprecedented capital. However, developing countries, notably LDCs and African countries, continue to have the lowest access to affordable finance.

The United Nations Office for South-South Cooperation (UNOSSC), the United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) and the United Nations Capital Development Fund (UNCDF), in partnership with the Qatar Fund for Development (QFFD) will jointly launch the “Good Practices in South-South and Triangular Cooperation in the least Developed Countries: From the Istanbul Programme of Action to Achieving Sustainable and Resilient Development” publication.