CFC holds the 2020 Meeting with International Commodity Bodies (ICBs) virtually
Amsterdam, 16 November 2020.The CFC hosted the 2020 meeting with International Commodity Bodies (ICBs) virtually. CFC and ICBs are like twins in their quest to unwrap and eventually remove chafs of poverty from around the commodities. The framers of CFC conceived this fund with ICBs as its stakeholder by default.
CFC joins the Eleventh Inter-Agency Consultative Group Meeting on the Follow-up and Implementation of the Vienna Programme of Action (VPoA) for LLDCs
New York, 12 November 2020. CFC joins the Eleventh Inter-Agency Consultative Group Meeting on the Follow-up and Implementation of the Vienna Programme of Action (VPoA) for LLDCs.
CFC participates on impact performance study from the GIIN
The CFC was included in the recently published study “Understanding Impact Performance: Agriculture”, by the Global Impact Investing Network (GIIN). Besides sharing the experience of the Fund in managing its impact, the CFC was featured in a spotlight case of the study on “Integrating value chains in the face of impact risk”. Two projects supported by the CFC, Coopac and Olivado, were presented, showing how the CFC has engaged with these organizations to overcome challenges and optimize their impact. Have a look on the spotlight case on page 25 of the report.
CFC joins the Council on Smallholder Agricultural Finance (CSAF)
The Common Fund for Commodities (CFC) has become an affiliate of the Council on Smallholder Agricultural Finance (CSAF).
Founded in 2012 as a forum for lenders to share learning, CSAF is the leading global network of lending practitioners promoting an inclusive financial market for producer organizations and small- and medium-enterprises (SMEs) in the agriculture sector in developing countries.
CFC invites external consultants to structure its new Commodity Impact Investment Facility
The CFC is inviting external consultants to support the organization in structuring its Commodity Impact Investment Facility (CIIF). The CIIF would be a new instrument developed by the CFC to facilitate the participation of private and public investors in projects operating in global commodities value chains, in developing countries. For more details on this Request for Proposal, which will close by 16 November 2020, can be found on the ToR attached.MORE NEWS
CFC holds 70th Meeting of Executive Board by teleconference
Amsterdam, 2 October 2020. For the second time this year, due to the COVID-19 pandemic, the CFC had to arrange its Executive Board Meeting by teleconference, chaired by Ms. Anna Tofftén (Sweden). The meeting was well attended, including H.E. Ms. Maria Resende Encoge, Ambassador of Angola; H.E. Ms. Jaqueline Zaba/Nikiema, Ambassador of Burkina Faso; H.E. Ms. Soraya Alvarez Nuñez, Ambassador of Cuba; H.E. Mr. Million Samuel Gebre, Ambassador of Ethiopia; H.E. Mr. Eduardo Sperisen Yurt, Ambassador/Permanent Representative of Guatemala; H.E. Mr. Shujjat Ali Rathore, Ambassador of Pakistan; H.E. Mr. Kamal Bashir Ahmed, Ambassador of Sudan; and H.E. Ms. Haifa Aissami Madah, Ambassador of Venezuela. H.E. Mr. Mario Oyarzábal (Argentina) attended the meeting as Acting Chairperson of CFC’s Governing Council for 2020, and Mr. Wilson Andrade (Brazil) attended as Chairperson of the Consultative Committee (CC). Mr. Rodrigo Carcamo representing UNCTAD was also attending as Observer.