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Blended Finance in the Least Developed Countries 2020

COVID-19 threatens to undo progress achieved towards the 2030 Agenda for Sustainable Development by the Least Developed Countries (LDCs) over the past five years. Financing the recovery will require a coordinated multilateral response and the use of innovative tools and risk mitigation instruments. Blended finance can help to catalyse much needed additional resources for SDG-aligned projects that private investors would otherwise overlook.

This instalment of the Blended Finance in LDCs report by UNCDFP presents analysis and an Action Agenda for how to effectively use blended finance to mobilise additional and much needed finance for LDCs, with a specific view toward supporting LDCs to build back better from the COVID-19 pandemic.

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.