Luxembourg Becomes Ninth Contributor to UNCDF’s Last-Mile Finance Trust Fund (LMF-TF)

The Grand Duchy of Luxembourg became the ninth contributor to the United Nations Capital Development Fund’s (UNCDF) Last-Mile Finance Trust Fund (LMF-TF) – a multilateral trust fund that pools investments to support the achievement of the Sustainable Development Goals in the world’s least developed countries (LDCs). Luxembourg will contribute EUR 2 million into the LMF-TF.

The Last Mile Finance Trust Fund is a flexible-funding vehicle that enables contributors to pool resources in order to channel them towards shared strategic priorities impacting LDCs in the “last mile.” The fund was conceived as a vehicle designed for development funding that is lightly earmarked or tied to thematic priorities.