UNCDF and the BRIDGE Facility on “How To Fill The Gap With Loans And Guarantees In LDCs For Clean Energy, Climate And Women Empowerment Project”

MTAVARES1 — Thu, 02 Jun 2022 18:00:00 +0000

Thursday, 02 June 2022 - 2:00pm

2 June 2022.

This event will showcase how loans and guarantees can help attract much-needed capital that can be used towards creating sustainable businesses that lead to structural transformation in LDCs, with a particular focus on unlocking financing for small- and medium-sized enterprises and small and medium-sized infrastructure projects. These projects lead to job opportunities, stimulate economic activity and sectoral transformation which are pathways towards Stockholm+50’s objective of a healthy planet for all. This can be seen in the results of both UNCDF initiatives: the Gambia’s solar power plants and the Portfolio guarantee in Papua New Guinea to support women owned MSMEs.

The event will bring together representatives from international organizations, LDC and donor / developed country governments, and private sector, to share experiences and perspectives on challenges and opportunities for how guarantees can most effectively be used to enable sustainable development pathways for LDCs towards achieving a healthy planet for all.

Information and registration here: Webinar Registration - Zoom

tags:

UNCDF

Stockholm+50

Finance

SMEs

From UNCDF: US$60+ Million in Commitments for UN-Affiliated Impact Investment Vehicle Announced at the Finance for Development Forum

MTAVARES1 — Thu, 28 Apr 2022 17:00:00 +0000

Full news article here: US$60+ Million in Commitments for UN-Affiliated Impact Investment Vehicle Announced at the Finance for Development Forum - UN Capital Development Fund (UNCDF)

Excerpt: "Over US$60 million has been committed from six member states and development institutions representing Canada, the United States, Norway, Luxembourg, Sweden and the Nordic states through the Nordic Development Fund—to the BUILD Fund, a blended impact investment vehicle, as well as its associated technical assistance facility, to finance small and medium-sized businesses in the world’s least developed countries (LDCs) to help achieve the Sustainable Development Goals (SDGs). The announcement of the financing commitments was made today at this year’s Finance for Development Forum (FFD) in New York.

The Bamboo-UNCDF Initiative for the Least Developed (“BUILD”) is an innovative blended impact finance vehicle designed to bring finance to small-and-medium sized enterprises (SMEs) and entities that have the potential for strong development impact in the world’s frontier markets or least developed countries. Managed by Bamboo Capital Partners, the Fund provides growth capital to businesses identified, supported and nurtured by UNCDF. The BUILDER Technical Assistance (TA) Facility is managed at arm’s length by UNCDF, which will be closely involved in pipeline generation, portfolio building, and business advisory support to businesses."

Front Page Article:

LDC Portal - International Support Measures for Least Developed Countries - Sweden

UNCDF and the BRIDGE Facility on “How To Fill The Gap With Loans And Guarantees In LDCs For Clean Energy, Climate And Women Empowerment Project”

From UNCDF: US$60+ Million in Commitments for UN-Affiliated Impact Investment Vehicle Announced at the Finance for Development Forum