17th Open Call for Proposals
Making a Difference
The Common Fund for Commodities (CFC) provides a range of financial and technical instruments to support projects proposed by enterprises, cooperatives and institutions along the entire commodity value chain in its member countries. These activities cover all segments of the value chain (including production, processing, financing, marketing etc.). This includes services and support functions, that help all participants in the process of value generation to improve the economic, social and environmental well-being of its poorest participants at the bottom of the pyramid.
To contribute to poverty alleviation by strengthening the income-generating capacity of commodity producers and mitigating vulnerability to their economic well being.
To strengthen and diversify the commodity sector in developing countries and transform it to be a major contributor to poverty alleviation and sustained economic growth and development.
All interested parties are kindly invited to submit qualifying proposals no later than 15 October 2020. Read more
CFC Response to COVID 19 pandemic – update 10 August 2020
What is Common Fund for Commodities (CFC) doing about the coronavirus outbreak?
Responding to the ongoing pandemic of Coronavirus, COVID-19, the Common Fund for Commodities (CFC) has adopted several measures based on the current guidelines announced by the Government of the Netherlands. At the same time the CFC endeavors to keep up to date with all of the changing guidelines globally, with a specific focus in its Member Countries. When the World Health Organization categorized the spread of the virus as a pandemic, it became incumbent on all of us to be innovative in adopting appropriate measures.
These measures pertain to contingency staffing, working from home and quickly adapting to virtual meetings etc. However, the CFC as an organization that is devoted to the socioeconomic development of commodity producers, remains acutely aware of its enhanced duties at this time of pandemic. We are focusing on providing all necessary support to our projects partners assisting them to remain on course during this challenging time. The CFC is working hard to remain in contact with the project implementing authorities, providing support to minimize the impact of COVID-19, whenever possible.
Internally, staff are advised to observe all COVID-19 related protocols such as social distancing, washing hands regularly, working from home as much as possible and staying at home when unwell. The CFC has implemented these measures to minimize the risks of transmission of this virus and to offer staff a safe working environment should they choose to work from the office. All reasonable measures are taken to protect CFC staff and its clients, while minimizing the impact of the outbreak on the implementation of the CFC’s activities in 2020 and beyond. We currently operate at full capacity with most work being done from home in the virtual “cloud office” of the CFC.
The CFC Member States were duly informed and updated about these measures during 69th Executive Board Meeting which was held, virtually, on 08 April 2020.
In the meantime, the CFC would like to highlight the essential nature of enhanced global cooperation to keep commodity supply chains as minimally impacted as possible, which is at the center of the CFC’s mission as an UN affiliated International Financial Organization.
On 23 June 2020, the Executive Board of the CFC approved the establishment of the Emergency Liquidity Facility under the authority of the Managing Director which will assist qualifying companies to cover the need for additional working capital caused by the pandemic.
The CFC will continue its quest to keep itself in a state of readiness so that resiliency in the supply chain continues when lockdown restrictions imposed due to COVID-19 begin to ease. We will have to work in unity and with solidarity with all our partners and peers to emerge with as few disruptions as possible, while taking note of the positive silver linings, such as increased network preparedness and the increased familiarity with online business connectivity between the developing and developed world and to tweak, where appropriate, our work in the future.
Please write to us at firstname.lastname@example.org if you have any comment/suggestion/idea to share.CFC’s COVID-19 situation briefing United Nations Update COVID-19 Global Trade Helpdesk COVID-19
Making commodities work for everyone
The Common Fund’s mandate is to enhance the socioeconomic development of commodity producers and contribute to the development of society as a whole. In line with its market-oriented approach, the Fund concentrates on commodity development projects financed from its resources.
These resources consist of voluntary contributions, capital subscriptions by Member Countries transferred to the Second Account and interest earned. In partnership with other development institutions, the private sector and civil society, the Fund endeavours to achieve overall efficiency in and impact on commodity development.
Amsterdam, 30 September 2020
Amsterdam, 1 October 2020
CFC is proud to play a catalytic role in promoting and supporting poverty alleviation through commodity- focused development.
Ambassador of the Islamic Republic of Afghanistan visits CFC
17 September 2020, Amsterdam. H.E. Mr. Mohammad Asif Rahimi, Ambassador of the Islamic Republic of Afghanistan to the Netherlands, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC.
Delegation from Guatemala visits CFC
14 September 2020, Amsterdam. Ambassador Sheikh Mohammed Belal is seen with Ambassador Eduardo Sperisen Yurt of the Permanent Mission of Guatemala in Geneva discussing their partnership with the CFC virtually on 14 September.
Ambassador of the Hashemite Kingdom of Jordan visits CFC
7 September 2020, Amsterdam. H.E. Mr. Nawaf Wasfi Tell, Ambassador of the Hashemite Kingdom of Jordan to the Netherlands, is seen with Managing Director Ambassador Sheikh Mohammed Belal at the Secretariat of the CFC.