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Published: 29 Jul 2023 390 views
The Common Fund for Commodities (CFC) invites applications for financial support from qualifying projects. The CFC can offer a range of financial and technical instruments of support to meet specific needs of SMEs/enterprises/businesses, cooperatives, and institutions along the entire commodity value chain in its member countries.
Eligible projects are based in one of the CFC Member Countries and intend to contribute to the Sustainable Development Goals by investing in commodity value chains. Successful applications will demonstrate clear and visible potential to achieve sustainable positive impact on the livelihoods of the poorest people who depend on commodities.
With poverty alleviation as our mission, the CFC will support proposals investing in poorest and most vulnerable people in the global value chains, which may concern production, processing, financing, marketing, research and development (R&D), etc.
The Common Fund for Commodities (CFC) is an intergovernmental financial institution established within the framework of the United Nations. It is a vestige of the proposed New International Economic Order. The CFC finances commodity development projects in developing states. The CFC was established in 1989. It was set up by a 1980 multilateral treaty known as the Agreement establishing the Common Fund for Commodities. As of June 2017, there are 110 parties to the Agreement and thus to the CFC. This total includes 101 UN member states&n... continue reading
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| Application Deadline | 01 Oct 2023 |
| Type | Entrepreneurs |
| Sponsor | Common Fund for Commodities (CFC) |
| Gender | Men and Women |
Their mission is to contribute to poverty alleviation by strengthening the income-generating capacity of commodity producers and mitigating vulnerability to their economic well-being.
And their Vision is 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.
The CFC encourages applications proposing innovative solutions for the commodity sector. These may include new agritech applications, agroforestry, agroecology-themed innovative productivity practices, regenerative technologies, increased availability of renewable and affordable energy, expanding environmental services, expediting digital and green recovery, adding to the nutrition security, climate-friendly practices contributing to biodiversity, preventing deforestation, digitalization, financial inclusion, blockchain and other traceability solutions.
For more details, visit CFC website