UN Capital Development Fund (HQ)

PNG Blue Economy Portfolio Guarantee Programme

Last update: Oct 30, 2024 Last update: Oct 30, 2024

Details

Location:Papua New Guinea
Papua New Guinea
Grantmaking entity type:Government / Public Sector
Status:Closed
Budget: USD 1,000,000
Award ceiling:N/A
Award floor:N/A
Sector:Macro-Economy & Public Finance, Private Sector & Trade
Languages:English
Eligible applicants:Private Sector
Eligible applicant countries: Papua New Guinea
Papua New Guinea
Date posted: Oct 30, 2024

Attachments 7

Associated Awards

Description

241029 - PNG - PNG Blue Economy Portfolio Guarantee Programme Led by UNCDF, and in partnership with Global Fund for Coral Reefs (GFCR), The Papua New Guinea (PNG) Blue Economy Portfolio Guarantee Programme of UNCDF aims to promote sustainable economic dev
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By Locations
Funding agency:
IADB, UNDP
Status:
closed
Location:
American Samoa, Cook Islands, Fiji, French Polynesia, Guam, Maldives, Marshall Islands, Micronesia, Nauru, New Caledonia, Niue, Northern Mariana Islands, Palau, Papua New Guinea, Samoa
Funding agency:
NORAD
Status:
closed
Location:
Afghanistan, Albania, Algeria, Angola, Anguilla, Antigua and Barbuda, Armenia, Aruba, Azerbaijan, Bangladesh, Belarus, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, British Virgin Islands, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Caribbean Netherlands, Cayman Islands, Central African Republic, Chad, Chile, Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote d'Ivoire, Cuba, Dem. Rep. Congo, Djibouti, Dominica, Commonwealth of, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Eswatini (Swaziland), Ethiopia, Falkland Islands, Fiji, French Polynesia, Gabon, Gambia, Georgia, Ghana, Greenland, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Iran, Iraq, Jamaica, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kyrgyzstan, Laos, Lebanon, Lesotho, Liberia, Libya, Madagascar, Malawi, Malaysia, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mayotte, Micronesia, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Nepal, New Caledonia, Nicaragua, Niger, Nigeria, Niue, North Korea, North Macedonia, Pakistan, Palau, Palestine / West Bank & Gaza, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Rwanda, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Sri Lanka, St. Pierre and Miquelon, Sudan, Suriname, Syria, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tokelau, Tonga, Tunisia, Turkmenistan, Turks and Caicos, Tuvalu, Uganda, Ukraine, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Wallis and Futuna, Yemen, Zambia, Zimbabwe
grant Background

About the Funding Agency

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 47 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.

UNCDF’s financing models work through two channels: financial inclusion that expands the opportunities for indivi duals, 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 localized investments that show how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion and sustainable development.

About the Sectors

Macro-Economy & Public Finance

Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.


Key areas:
  • Macroeconomic analysis and policy support
  • Public finance management (PFM)
  • Government budgeting, taxation, and debt management
  • Economic growth and development strategies

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Locations

Papua New Guinea

Papua New Guinea (PNG) is a resource-rich lower-middle-income country whose economy is heavily dependent on extractive industries, particularly liquefied natural gas, mining and petroleum. While resource exports generate substantial revenues, growth has been uneven and infrastructure deficits remain significant. Development strategies emphasise improving transport and energy infrastructure, strengthening governance and expanding agricultural productivity to support inclusive growth. Fiscal pressures, law-and-order concerns and vulnerability to commodity price fluctuations present ongoing challenges. Enhancing human capital and institutional capacity is critical to translating resource wealth into broad-based development outcomes.

Nr. of tenders: 9374
Nr. of grants: 2108
Nr. of donors: 427
Nr. of jobs: 40
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