United Nations Capital Development Fund (UNCDF)
Fonds d'équipement des Nations unies (FENU)
Fondo de las Naciones Unidas para el Desarrollo de la Capitalización (FNUDC)
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1966-12 New York NY USA
Dec 1966, New York NY (USA), by resolution 2186 (XXI) of the A-XA3375 - United Nations (UN) General Assembly, following preparatory meetings from Apr 1961, New York NY. Mandate modified 1973. Became fully operational in 1974. Autonomous, voluntarily funded UN organization, affiliated with E-XE3382 - UNDP.
Offer "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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UNDP Executive Board serves simultaneously as UNCDF Executive Board. UNDP Administrator serves simultaneously as UNCDF Managing Director. Authority for managing most aspects of UNCDF delegated to Executive Secretary.
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