Episode 2

#2 Why Multilateralism Matters

"The future we want, the United Nations we need: reaffirming our collective commitment to multilateralism"--one of the critical themes of this year's UN General Assembly, marking the 75th anniversary of the UN. From confronting the COVID-19 pandemic to achieving the Sustainable Development Goals, multilateralism is an irreplaceable element of success. UNCDF's commitment to multilateralism is reflected in its partnership with the European Union in many workstreams of sustainable development; and in particular, driving youth financial inclusion in the world's poorest and least developed countries.

This episode of Capital Musings features a roundtable discussion of thought and practice leaders from UNCDF and the European Union, describing in detail how we are collaborating in five least developed countries to support financial inclusion for youth; in the process, demonstrating the power and importance of multilateralism as we enter the Decade of Action for implementation of the SDGs.

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Capital Musings
Capital Musings is the Podcast show of the UN Capital Development Fund (UNCDF)

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United Nations Capital Development Fund

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 45 least developed countries (LDCs).

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.

UNCDF pursues innovative financing solutions through: (1) financial inclusion, which expands the opportunities for individuals, households, and small and medium-sized enterprises to participate in the local economy, while also providing differentiated products for women and men so they can climb out of poverty and manage their financial lives; (2) local development finance, which shows how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion, women’s economic empowerment, climate adaptation, and sustainable development; and (3) a least developed countries investment platform that deploys a tailored set of financial instruments to a growing pipeline of impactful projects in the “missing middle.’’