Overview
Corporación Nacional para el Desarrollo (CND) operates as a national direct access entity based in Uruguay. With a vision to be a national and international reference as a facilitator for the execution of development-oriented public policies, CND's mission is to provide services to ministries, municipalities, other public entities, as well as companies and the private sector. Their focus lies in achieving the country's development objectives, prioritizing the public interest and social responsibility.
CND's core services encompass supporting infrastructure development, enhancing the efficiency of public sector management, and providing fiduciary services for project financial structuring. In alignment with its mission, the entity manages sustainable development projects and funds.
Additionally, CND engages in various activities, including:
- acting as a concessionaire for public infrastructure projects in public-use domains,
- serving as an administrator and/or trustee for projects related to the development and maintenance of infrastructure,
- identifying opportunities in public infrastructure and related services, preparing and promoting investment projects, providing consultancy services, and
- offering fiduciary services and fund administration, as well as human resources or accounting and financial management administration
As Uruguay’s first GCF-accredited national direct access entity, CND aims to play a major role in the Country Programme, with a potential pipeline in multiple projects, including: a proposal on REDD+, a proposal on strengthening climate services, and a project on resilient coastal cities.
Accreditation Timeline
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Accreditation date
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AMA execution date
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AMA effectiveness date
Other Data
- Acronym
- CND
- Status
- Accredited
- Accreditation date
- 11 Jul 2023
- Renewal date
- 16 May 2029
- Fiduciary Standard
- Basic, Project management, Grant award
- Risk category
- Category B, Intermediation 2
- Country
- Uruguay
- Address
- Rincón 528, Montevideo, CP 11.100, Uruguay
- Stages
- Accreditation date (12 Jul 2023), AMA execution date (25 Jan 2024), AMA effectiveness (17 May 2024), Re-accreditation submission deadline (16 Nov 2028), Term end date (16 May 2029)
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