By Following an informal presentation made in November 2013 through a Stakeholder Consultations process, UNCDF presented today its new Strategic Framework 2014-2017 to UNDP/UNFPA/UNOPS Executive Board. It also presented the preliminary results for 2013 of its work in Inclusive Finance and Local Development Finance.
The Executive Board welcomed the new Strategic Framework 2014-2017 and appreciated UNCDF's unique financial mandate within the UN system. Its ability to provide capital financing - in the forms of grants, loans and credit enhancement - and the technical expertise in preparing portfolios of sustainable and resilient capacity building and infrastructure projects, makes its mandate a very useful complement to the mandates of other UN agencies.
UNCDF ExecutiveSecretary Marc BICHLER expressed his gratitude to the Executive Board and UNCDF staff for their work over the past year in developing the new strategic plan.
"I would like to thank the Executive Board member for their substance input for the final version of the Strategic Framework that is in front of you today," said Mr. BICHLER, "as well as all UNCDF staff. Without their professionalism and dedication we would not have been able to devise such an ambitious Strategic Framework and we will not be able to translate our objectives into reality."
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