UNDP launched the Investment Accelerator and the Jobs for Prosperity Facility at the IMF–World Bank meetings in Bangkok to help developing countries attract capital, improve the business climate and create better-paid jobs as 1.2 billion young people enter the workforce over the next decade against only 400 million projected new jobs.

The Accelerator will support investment-ready project pipelines and regulatory reform, while the Facility will identify high-potential sectors, align skills with demand and remove hiring barriers, backed by expanded partnerships with the World Bank Group, EIB and EBRD.

The initiatives build on UNDP’s existing work that has already aligned or leveraged more than $920 billion for the SDGs and form part of the organisation’s Strategic Plan 2026–2029.

The United Nations Development Programme (UNDP) has announced two major global initiatives aimed at boosting economic growth and job creation in developing economies. Launched during the IMF-World Bank Group Annual Meetings in Bangkok, the Investment Accelerator and the Jobs for Prosperity Facility will help countries attract investment, strengthen the business environment, and create more and better-paid jobs.

These initiatives, supported by expanded partnerships with the World Bank Group, European Investment Bank, and the European Bank for Reconstruction and Development, will address the urgent challenge of closing the global jobs gap as an estimated 1.2 billion young people enter the workforce over the next decade. The two new initiatives will help countries attract investment, grow businesses and create more and better-paid jobs, backed by strengthened partnerships with development banks.

The United Nations Development Programme (UNDP) has expectedly launched two global initiatives to help developing economies attract investment, strengthen business environment and create more and better jobs. The was announced during the IMF-World Bank Group Annual Meetings in Bangkok, UNDP’s Investment........

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