MENU

Support for Commodity Development Activities Available Through the Common Fund for Commodities

THE HAGUE, 16 March 2023 – The Philippine Embassy in The Hague conveys the call of the Common Fund for Commodities (CFC) on Philippine companies to apply for support of their commodity development activities. Interested agriculture-related companies, businesses and other institutions can submit their investment proposals on or before 10 April 2023.

The CFC primarily provides a range of financial and technical instruments in support of business activities contributing to sustainable development of the commodity sector in developing countries. These instruments include loan financing support, working capital or trade finance focusing on the following areas: agritech applications, agroforestry, agro-ecology themed innovative productivity practices, regenerative technologies, and expediting digital and green recovery, among others.

Those eligible to apply for CFC support are public and private entities that operate in commodity value chains or provide financial services to micro, small and medium sized businesses operating in these value chains, and have a proven relevant track record of sound financial operations in their current and/or proposed activities over a period of at least 3 years. 

To know more the procedures on how to prepare and submit investment proposals, the CFC will host an “Open Call Webinar” on 20 March, Monday, 10:00 – 11:00 AM CET or 5:00-6:00 PM PH time. Registration is available at https://us02web.zoom.us/meeting/register/tZYvc-ygrD8iHtW5vOwL4nAUi7K9rnZxCCFX.

Established in 1989, the CFC is an autonomous intergovernmental financial institution undertaking impact investments in the agricultural sector. It was created within the auspices of the United Nations Conference on Trade and Development.

Since 1993, the CFC has supported 11 agricultural projects in the Philippines, including a current project with Kennemer Foods International Inc., an agribusiness company based in Davao City specializing in growing, sourcing and trading fermented cacao beans.

For more information on the CFC’s Call for Proposals, please visit https://www.common-fund.org/call-for-proposals or email This email address is being protected from spambots. You need JavaScript enabled to view it.. END