Tom Beloe says a key UNDP strategy for unlocking and aligning finance with national development priorities is strengthening the systems that connect policy, institutions and investment.
"As a trusted partner with global reach and deep country presence," he explains, "we help governments improve budget governance, expand fiscal space, and create the enabling conditions to attract capital.
"Between 2022 and 2024, every dollar received by the UNDP catalysed nearly 60 in additional SDG-aligned investments, totalling over 870bn. This includes 430bn in public budgets aligned through reforms, and 380bn in private finance channelled through stronger investment ecosystems and standards.
"In Africa, the UNDP is supporting over 30 countries with Integrated National Financing Frameworks INFFs. Initiatives like the Africa Minigrids Programme are expanding solar energy and catalysing investment across 21 sub-Saharan countries.
"In Kenya, for example, 16.6m in blended finance is driving solar-powered cold storage for smallholder farmers. We've identified over 200 investment opportunities across 11 sectors, 130 of which support climate goals."