Backed by a contribution from the government of the Grand Duchy of Luxembourg, the United Nations Capital Development Fund (UNCDF) has delivered the first investment into the BUILD Fund – a blended finance fund launched by impact investors Bamboo Capital Partners in partnership with UNCDF.

It is the first time UNCDF, a United Nations agency with a specialised capital mandate to make finance work for everybody, is investing directly into a structured blended finance fund.

Luxem...