The year 2021 was an important one for the CFC in terms of achievements. It was marked by the highest disbursement amount since its reform in 2012, and this despite the COVID-19 related challenges. Also, the Commodity Impact Investing Facility (CIIF) was approved by the CFC’s Governing Council in December 2021 – this represents a historic moment for the organization and an opportunity to engage a larger network of impact investors with the development of the commodity sector.