Enterprise challenge funds

Funding instrument that distributes grants (or concessional finance) to profit-seeking projects on a competitive basis. A challenge fund subsidizes private investment in developing countries where there is an expectation of commercial viability accompanied by measurable social and/or environmental outcomes. Challenge funds can mitigate market risks, while spurring innovation to fight poverty and environmental degradation.

Products and Country Experiences

focal points

UNDP Staff Only: Once you identify your SDG Financing expert, please place a request for his/her services through your CO corporate planning system (IWP platform) under the ‘Service Requested’ section. Please be sure to indicate the name of the financing expert on the service request page (‘Summary of Service Expected’ box) in order to facilitate assignment.