| Overview : UNCDF makes public and private finance work for the poor in the world’s 46 least developed countries. 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. This last mile is where available resources for development are scarcest; where market failures are most pronounced; and where benefits from national growth tend to leave people excluded. UNCDF’s financing models work through two channels: financial inclusion that expands the opportunities for individuals, households, and small businesses to participate in the local economy, providing them with the tools they need to climb out of poverty and manage their financial lives; and by showing how localized investments — through fiscal decentralization, innovative municipal finance, and structured project finance — can drive public and private funding that underpins local economic expansion and sustainable development. By strengthening how finance works for poor people at the household, small enterprise, and local infrastructure levels, UNCDF contributes to SDG 1 on eradicating poverty and SDG 17 on the means of implementation. By identifying those market segments where innovative financing models can have transformational impact in helping to reach the last mile and address exclusion and inequalities of access, UNCDF contributes to a number of different SDGs. From 2021 onwards, UNCDF will be launching a 4 year program in Africa, the Pacific and the Caribbean that contributes to the deployment of digital finance solutions at the scale and speed necessary to deepen financial inclusion, accelerate economic recovery from COVID-19, and to make economies and societies more resilient to external shocks. The program will be implemented in 4 regions (West & Central Africa, East & Southern Africa, Pacific and the Caribbean) and has a strong regional and global advocacy component. The program will leverage existing teams at country, regional and global levels for the implementation and to achieve our objective. Please visit https://www.uncdf.org for more information. As part of its capital mandate UNCDF provides grants, loans, guarantees and technical assistance to the private sector (e.g. enterprises, firms, financial service providers), governments and not for profits (e.g. civil society/NGOs, universities/research institutes) and requires a consultant to provide quality assurance to said investments on a call-off basis. For detailed job description and to apply, click here: : https://jobs.undp.org/cj_view_job.cfm?job_id=96522 |
