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International Commodity Bodies

The Common Fund constitution envisions a close operational partnership with International Commodity Bodies (ICBs) to advance commodity sector development in member countries and policy advocacy in the international fora. ICBs facilitate identification of common interest in commody sector developmetn among producers and consumers, and provide technical expertise in recommending suitable projects for CFC financing.

ICBs provide essential expertise and data for projet identification and appraisal on the commodities within their mandate. The role of ICBs in the project cycle comprises initiation, endorsement and submission of project proposals and supervision of approved projects. The Common Fund acts proactively in close co-operation with ICBs to encourage them to incorporate value chain approach and poverty reduction in their Commodity Strategies. ICBs should make every effort to implement the programme of activities of their respective commodities in the FYAP in an efficient and effective manner.

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OPEC Fund for International Development

From the formative stages of the Common Fund for Commodities OPEC Fund for International Development (OPEC Fund) had demonstrated its support for the mandata and objectives of the CFC.

Over the years, OFID has been a major donor base for resource mobilisation and co-financing for CFC’s regular projects for smallholder farmers in various sectors in LDCs such as Bangladesh, Haiti and sub-Sahara African countries.

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EU All-ACP Agricultural Commodities Programme

In 2004 the CFC joined forces with EU and 4 other international organizations to support the implementation of All-ACP Agricultural Commodities Programme.

The Fund also has in place special financing arrangements with the European Union's All-ACP Agricultural Commodities Programme (AAACP) in ACP member-states. CFC participates in the Programme by identifying projects in its project portfolio, where co-financing from AAACP strengthens the contribution of the projects to the achievement of the common goals of both CFC and AAACP. 

The Final Report on the involvement of the CFC in the Programme is now available for the full period from September 2007 to December 2011 

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Trust Fund with the Government of the Netherlands

In 2003 the Government of the Netherlands and the CFC reached an Agreement to support the Five Year Action Plan of the CFC with cofinancing in the total amount of up to USD4,700,000.

The projects eligible for cofinancing include those concentrating on low-income and Least Developed Countries (LDCs), contributing to poverty reduction and based on value chain approach. More...

 

Regional Economic Communities

The Third Five Year Action Plan of the CFC emphasizes the role of Regional Economic Communities in the identification and implementation of the projects financed by the CFC

More recently, the Fund has been seeking additional avenues of engagement and cooperation with regional economic commissions (RECs) as stipulated in the 3rd five-year Action Plan (2008-12) and with institutional members to extend its commodity advocacy initiatives. The full updated list of institutional members [PDF] More... 

Project Executing Agencies and other implementation partners

In every project implemented by the CFC, series of agreementis are concluded with local and international implementation partners to ensure maximum stakeholder ownership and participation in the activities supported by the CFC.

The CFC places no general restrictions on the status and organizational form of its project implementation partners. Depending on the needs of practical activities involved, the CFC collaborates with other international agencies, governments, parastatal institutions, national and multinational private sector companies, reseachers, NGOs, cooperatives and any other partners who share the objectives of particular actions supported by the Fund, and who can practically support their implementation. More...

Our partnerships

  • International Cotton Advisory Committee

    International Cotton Advisory Committee

    ICB for Cotton

    The International Cotton Advisory Committee (ICAC) was established in September 1939. The role of the ICAC is to raise awareness, to provide information and to serve as a catalyst for cooperative action on issues of international significance in cotton. ICAC is located in Washington, DC USA. http://www.icac.org More

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  • FAO - Intergovernmental Groups on Commodities

    FAO - Intergovernmental Groups on Commodities

    FAO Commodities Division

    The Food and Agriculture Organization of the United Nations leads international efforts to defeat hunger. Serving both developed and developing countries, FAO acts as a neutral forum where all nations meet as equals to negotiate agreements and debate policy. FAO hosts 9 Intergovernmental Groups More

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  • International Network for Bamboo and Rattan

    International Network for Bamboo and Rattan

    ICB for bamboo and rattan

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  • International Tropical Timber Organization

    International Tropical Timber Organization

    ICB for tropical timber

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  • International Cocoa Organization

    International Cocoa Organization

    ICB for Cocoa

    The International Cocoa Organization (ICCO) is a global organization, composed of both cocoa producing and cocoa consuming countries with a membership. Located in London, ICCO was established in 1973 to put into effect the first International Cocoa Agreement which was negotiated in Geneva at a United Nations International Cocoa Conference. More

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  • International Rubber Study Group

    International Rubber Study Group

    ICB for Natural Rubber

    The International Rubber Study Group (IRSG) was established in 1944 as the only intergovernmental organization that brought the world’s rubber producing and consuming stakeholders together. The IRSG shall be THE FORUM for the discussion of matters affecting the supply and demand for natural as well as synthetic rubber. More

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  • International Sugar Organization

    International Sugar Organization

    ICB for sugar

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  • International Coffee Organization

    International Coffee Organization

    ICB for Coffee

    The International Coffee Organization (ICO) is the main intergovernmental organization for coffee, bringing together exporting and importing Governments to tackle the challenges facing the world coffee sector through international cooperation. Its Member Governments represent 97% of world coffee production and over 80% of world consumption. More

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  • International Copper Study Group

    International Copper Study Group

    ICB for copper

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  • International Jute Study Group

    International Jute Study Group

    The International Jute Study Group (IJSG) is an intergovernmental body set up under the aegis of UNCTAD to function as the International Commodity Body (ICB) for Jute, Kenaf and other Allied Fibres. The IJSG, the legal successor to the erstwhile International Jute Organisation (IJO), was established on 27 April 2002, to administer the provisions and supervise the operations of the Agreement establishing the Terms of Reference of the International Jute Study Group, 2001. More

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  • International Lead and Zinc Study Group

    International Lead and Zinc Study Group

    ICB for lead and zinc

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  • International Nickel Study Group

    International Nickel Study Group

    ICB for nickel

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  • International Grains Council

    International Grains Council

    ICB for grains

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  • International Olive Council

    International Olive Council

    ICB for olive and olive oil

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