The United Nations Capital Development Fund (UNCDF) makes public and private finance work for the poor in the world’s 46 least developed countries (LDCs).
With its capital mandate and instruments, 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. This last mile is where available resources for development are scarcest; where market failures are most pronounced; and where benefits from national growth tend to leave people excluded.
UNCDF’s financing models work through two channels: savings-led financial inclusion that expands the opportunities for individuals, households, and small businesses to participate in the local economy, providing them with the tools they need to climb out of poverty and manage their financial lives; and by showing how localized investments—through fiscal decentralization, innovative municipal finance, and structured project finance—can drive public and private funding that underpins local economic expansion and sustainable development. UNCDF financing models are applied in thematic areas where addressing barriers to finance at the local level can have a transformational effect for poor and excluded people and communities.
By strengthening how finance works for poor people at the household, small enterprise, and local infrastructure levels, UNCDF contributes to SDG 1 on eradicating poverty with a focus on reaching the last mile and addressing exclusion and inequalities of access. At the same time, UNCDF deploys its capital finance mandate in line with SDG 17 on the means of implementation, to unlock public and private nance for the poor at the local level. By identifying those market segments where innovative financing models can have transformational impact in helping to reach the last mile, UNCDF contributes to a number of different SDGs and currently to 28 of 169 targets.
UNCDF is seeking an intern to be part of the Partnerships, Policy and Communications Unit (PPC) in its Headquarters located in New York, United States. Working under the guidance and supervision of the Head of PPC, and working closely with PPC staff, the intern will support the ongoing work plan and goals of the unit, including but not limited to expanding partnerships; preparing policy briefs for high level meetings; supporting the launch of major initiatives on blended finance and enterprises in Africa; and building and maintaining a base of knowledge about Member States.
- Interns are partially financially remunerated by UNCDF. The costs associated with the assignment will be partially supported by UNCDF.
- Candidate must be enrolled in a degree programme in Business Administration, Economic Development, Economics, Finance, or another related field.
Applicants to the UNCDF internship programme must at the time of application meet one of the following requirements:
- (a) Be enrolled in a graduate school programme (second university degree or equivalent, or higher);
- (b) Be enrolled in the final academic year of a first university degree programme (minimum Bachelor’s level or equivalent);
- (c) Have graduated with a university degree (as defined in (a) and (b) above) and, if selected, must start the internship within one-year of graduation.
- Fluency in English required.
- Applicants should submit their Resume/CV and an application using the UNCDF Internship Application form.
** Please note that the UNDP job site system allows only one uploading of application document, so applicants should make sure that they merge all their documents (CV/ Resume, Cover Letter etc. into a single file before uploading).
Application Deadline: December 1, 2023 (59 Days Remaining)Apply nowOfficial link