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The Role of Digital Finance in Reaching the Sustainable Development Goals

UNCDF and BFA have developed ideas behind measuring the impact of digital finance beyond just looking at account ownership to include impact on other SDGs. An example being pay as you go solar lighting, which can impact on education and ending poverty by allowing children to study and adults to work in the evenings.

The focus note maps a pathway, first looking at usage, secondly at what benefits it brought, and lastly how this is creating progress towards the SDGs. This interactive graphic gives useful summary of these pathways.

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.

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