New York City, 23 September 2022 (TDI): The United Nations Capital Development Fund (UNCDF) announced the Capital Pathways platform on the sidelines of the 77th session of the UN General Assembly.

The announcement took place during UNCDF’s 1st Annual Investment Forum Co-Hosted with The Rockefeller Foundation.

About Capital Pathways platform

The United Nations Capital Development Fund (UNCDF) platform intends to scale pathways to capital in support of sustainable finance. It specifically targets the world’s frontier markets of today and the growth markets of tomorrow.

Lazarus Chakwera, President of the Republic of Malawi, and Dr. Moeketsi Majoro, Prime Minister of the Kingdom of Lesotho and Dr. Rania Al-Mashat, Minister of International Cooperation of the Arab Republic of Egypt attended the event. Several ministers from frontier economies were also present at the investment forum.

The three-pronged Capital Pathways platform consisting of “Interact, Innovate, invest” was launched at UNCDF’s 1st Annual Investment Forum. Moreover, Interact, Innovate, invest” represents the three-pronged approach that underlies Capital Pathways, which will enable greater amounts of sustainable private finance to flow to largely overlooked markets.

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Speaking at the event UNCDF Executive Secretary Sinha said, “The Capital pathways platform will serve as a data room and gather invaluable country information, analytics, and investments to attract much-needed capital in the last mile, directly building the foundations to break the paradigm challenges of lack of access to capital and lack of bankable projects.”

UNCDF Executive Secretary Sinha proposed a forum to continue this dialogue in Doha in March 2023 at the Fifth United Nations Conference on the Least Developed Countries (LDC5).

In addition, the Executive Secretary announces that the next Investment Forum will convene in parallel with the SDG Summit at the 2023 UN General Assembly.