The UN Capital Development Fund (UNCDF) recently launched two new funding instruments to provide financial and technical assistance for enterprises that help address deforestation in Democratic Republic of Congo (DRC), where 95 percent of households rely on wood for cooking. One instrument, Investments Aimed at Quantifiably Reducing the Consumption of Wood Energy in DRC, offers technical assistance and grants valued at
Tag: BUILD
MICROCAPITAL BRIEF: Public Sector Commits $61m to SMEs via Bamboo-UNCDF Initiative for the Least Developed (BUILD) Fund
The UN Capital Development Fund (UNCDF) recently announced that it and the Luxembourg-based fund manager Bamboo Capital Partners have raised the equivalent of USD 55 million for the Bamboo-UNCDF Initiative for the Least Developed (BUILD), a fund investing equity and debt in small and medium-sized enterprises (SMEs) in low- and middle-income countries. The partners also have raised USD 6.5 million for the BUILD Enterprise Resource Technical Assistance (BUILDER TA) facility to