The UN Capital Development Fund (UNCDF)
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, in support of households, localities and small enterprises that are underserved, where development needs are greatest and where resources are scarcest.
Commitment to Youth Empowerment
Commitment towards youth empowerment: UNCDF’s financing models are actively addressing the economic empowerment of women and youth. They are meeting the need for customized financial services and infrastructure and other services for women, and provide young people with both financial services and economic opportunities to lead productive lives.
Bangladesh, Bhutan, Cambodia, Fiji, Lao PDR, Malaysia, Nepal, Papua New Guinea, Samoa, Solomon Islands, Vanuatu, Viet Nam
Collaboration with Youth Co:lab
UNCDF and Youth Co:Lab have presented research taking an in-depth look at how young entrepreneurs are engaging in the digital economy across South Asia and South-East Asia. UNCDF is collaborating with Youth Co:Lab to launch the Youth Social Innovation Fund(YSIF), aiming to de-risk youth-led social enterprises by providing both technical assistance and initial risk capital.
Read the report:
Focusing primarily on SDG: