The Common Fund constitution envisions a close operational partnership with International Commodity Bodies (ICBs) to advance commodity sector development in member countries and policy advocacy in the international fora. ICBs also facilitate identification of common interest in commodity sector development among producers and consumers, and provide technical expertise in recommending suitable projects for CFC financing.
ICBs, in particular, provide essential expertise and data essential in project identification and appraisal on the commodities within their mandate. The Common Fund acts proactively in close co-operation with ICBs to encourage them to incorporate value chain approach and poverty reduction in their Commodity Strategies.
The CFC and ICBs hold annual meetings where the priority matters of cooperation and joint actions are discussed. The most recent, 21st annual CFC-ICB Meeting took place in 2014.
Earlier meeting took place:
Below are links to ICBs partner sites and FAO intergovernmental commodity groups: