The UN Technology Bank became operational in 2018 and serves the 46 least developed countries (LDCs) and former least developed countries for up to five years after their graduation from the category.

Headquartered in Gebze, Turkey, the UN Technology Bank actively engages with national, regional and international partners to deliver its programme and projects which strengthen science, technology and innovation capacity in least developed countries. The UN Technology Bank supports national and regional technological efforts, reinforces partnerships across sectors and helps nations identify and use appropriate technologies to transform their economies and improve livelihoods.