The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso. 

The Government of São Tomé and Príncipe, in partnership with the United Nations Capital Development Fund, last week announced the launch of the Local Climate Adaptive Living Facility.

As part of the celebration of MSMEs once again this year, UNCDF spotlights two trailblazing enterprises, Unqueue and MLajan Mobile Wallet in the Caribbean.

The Local Climate Adaptive Living Facility, which will deploy over USD15 million in climate finance will support the delivery of adaptation projects at the grassroots level and deliver on national commitments to build resilience to the escalating impacts of climate change.

Strategic Focus will center on deploying UNCDF’s capability to strengthen UN’s Development Offer by crowding in private sector finance to scale development impact in countries at greatest risk of being left behind.

This pioneering initiative will improve access to finance over the next five years, contributing to scale up digital financial solutions and piloting insurance to 500,000 low-income farmers, including women, youth entrepreneurs.

The 27th Consumer Empowerment and Market Conduct and 10th Inclusive Green Finance Working Group came together on 4-7 March to discuss how financial services that target ‘last-mile’ communities, such as parametric insurance, can be more customer-centric and empowering.

What “Investing in Women” means in a practical sense involves capabilities around deploying gender-lensed investment tools in real economies to advance women’s economic empowerment, notably in the world’s most challenging geographies.

Launched in June 2023 by the country’s largest telecommunications provider, the new mobile money service M-Selen aims to bring basic financial services to the fingertips of everyday Solomon Islanders.