The Common Fund for Commodities (CFC) is in the process of developing its Strategic Framework for the decade 2025-2035. This framework will guide CFC’s efforts to address evolving challenges in the commodity sector, particularly in the context of sustainable development, poverty alleviation, and economic diversification.

The CFC was established as part of the Integrated Programme for Commodities (IPC) under the framework of the United Nations Conference on Trade and Development (UNCTAD). The IPC was designed to address the challenges faced by commodity-dependent developing countries by stabilizing commodity markets and promoting fair and equitable trade. The CFC, as an implementing arm of the IPC, focuses on enhancing the development impact of commodity markets, particularly for Least Developed Countries (LDCs) and Landlocked Developing Countries (LLDCs).

Despite progress over the years, poverty remains stubbornly persistent, exacerbated by low value addition at the producing country level. Smallholders, who form the backbone of many commoditydependent economies, remain trapped at subsistence levels, acting as price-takers with limited leverage in value chains. The Strategic Framework will address these issues, aiming to harness innovative, technology-enabled transformations to drive sustainable and inclusive development.

The Strategic Framework 2025-2035 will build on CFC’s historic mandate while aligning with emerging global priorities, including poverty alleviation, climate resilience, gender equality, biodiversity loss and sustainable commodity trade.