Common Fund for Commodities
The Common Fund for Commodities (CFC) is an autonomous intergovernmental financial institution established within the framework of the United Nations.
The Common Fund’s mandate is to enhance the socio-economic 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. Through co-operation with other development institutions, the private sector and civil society, the Fund endeavours to achieve overall efficiency in and impact on commodity development.
The CFC supports implementation of projects that:
are new and innovative that will lead to commodity based growth, generate employment, increase household incomes, reduce poverty, enhance food security, provide new opportunities for systemic change in the markets and create resilience to shocks,
pilot new approaches to risk-sharing with other institutions in areas that will achieve significant development benefits,
are scalable and financially sustainable,
have a measurable positive socio-economic impact on the stakeholders in commodity value chains,
develop stronger connections with existing markets or create new markets along the value chain,
increase financial services to commodity producers and commodity based businesses; and
enhance knowledge generation and information dissemination.
The CFC interventions cover all aspects of the value chain from production to consumption.
Click here www.common-fund.org to learn more about the CFC and its projects.