Theory of change (SF 2018-21)

This document outlines the theory of change underlying the results chain of the Strategic Framework, 2018-2021. The full results chain has three tiers – impact, outcomes and outputs – supported by the financing model and institutional enablers. It articulates UNCDF’s priorities in targeting poor and vulnerable populations to reach the last mile, and presents a gender-responsive theory of change (Annex 3 to the Strategic Framework), which explains how UNCDF’s work specifically addresses gender equality and women’s economic empowerment.