A memorandum of understanding (MOU) was signed between the United Nations Capital Development Fund (UNCDF) and the International Centre for Integrated Mountain Development (ICIMOD) on 14 July at ICIMOD’s headquarters in Nepal. Judith Karl, Executive Secretary, UNCDF and href=”https://www.icimod.org/?q=7425″>David Molden, Director General, ICIMOD signed the MOU in the presence of delegates from UNCDF and colleagues from ICIMOD.

The MOU sets a path toward the enhancement of mountain community livelihoods and financial inclusion as a key enabler of poverty reduction. The agreements also proposes the utilisation of existing competencies of both organisations to jointly upscale existing initiatives and explore future collaboration in achieving specific sustainable development goals in the targeted Asisan countries.

ICIMOD and UNCDF will work in the areas of enterprise development, private sector engagements, remittances, clean energy, mountain economic development, knowledge sharing, joint products, and explore joint funding.

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