This form of finance is known in western banks as structured commodity finance.

For many commodity dependent developing countries, the negative impact of commodity finance related market entry barriers needed to be addressed.

On commodity finance, UNCTAD gave several training courses in Egypt and Tunisia during 2004.

Also, stronger institutions supporting commodity finance (collateral management agencies, commodity exchanges) are needed, and UNCTAD has been instrumental in setting up several such entities.

The Commission, under agenda item 3, would examine how access to commodity trade finance affected the competitiveness and market entry capacities of developing countries, especially commodity dependent ones.

The majority of the methods under the umbrella of structured commodity finance view the borrower (producer, farmers' association, processor or trader) as part of the commodity supply chain.

So, why has it not been tried before? When one asks finance ministers in commodity exporting debtor countries, they frequently reply that they fear insufficient demand for commodity bonds.

So, why has it not been tried before? When one asks finance ministers in commodity exporting debtor countries, they frequently reply that they fear insufficient demand for commodity bonds.

quot 5. Urges developed countries to support the commodity diversification efforts of developing countries, especially African countries, by providing resources to finance the preparatory phase of their commodity diversification programmes

Commodity prices were high, benefiting African and Latin American countries in particular, and external finance was plentiful and cheap.

Yet, services represent an important avenue for developing countries to diversify from commodity dependence and to generate development finance.

While they cannot resolve all the problems of the sector, commodity exchanges can boost market efficiency, enhance competitiveness, increase resilience to shocks and integrate into the sector critical auxiliary services such as commodity finance and warehousing.

(f) To finance training activities, workshops and other ways of exchanging information and experiences in commodity diversification, with particular reference to successful cases.

One suggestion was to include commodity finance within corporate social responsibility programmes of multinational companies and to take account of commodity issues during the Fifth UN Conference to Review the Set of Principles and Rules on RBPs.

The creation of such an exchange will greatly improve conditions for commodity marketing and finance in Africa, including for national and intra African trade.

He also expressed appreciation for the secretariat's analysis of commodity finance mechanisms and to development partners for their support for such schemes in Asia.

The Common Fund for Commodities has started to finance commodity development projects but these should be of interest to a group of countries, and must be sponsored by an international commodity body in which both producers and consumers are represented.

Recycling commodity revenue and managing macro level commodity related risks

With its focus on integrated issues of trade, development and finance, UNCTAD has been able to do pioneering work on improving commodity sector practices and policies.

The EU appreciated the efforts made by UNCTAD to promote the issue of commodity finance, and the approach suggested in the secretariat's background paper was very appropriate.

A more promising alternative at the macro level is to hedge price risk using financial instruments or raising finance for development expenditure on a commodity price linked basis.

Commodity prices fell, too.

Latin America s Commodity Windfall

Commodity information reducing asymmetries

Commodity prices d (percentage)

UNCTAD Commodity Yearbook 1993

Indeed, many of these countries remain vulnerable to volatile commodity prices, financial system weaknesses, depressed demand from world markets, and shortfalls in external finance, overseas development assistance, and investment.

Many commodity dependent economies were caught in a vicious circle whereby investments in commodity production did not generate adequate returns because of falling commodity prices.

212. UNCTAD other commodity conferences and commodity meetings Trade and Development Board decision 7 (I)

278. UNCTAD other commodity conferences and commodity meetings Trade and Development Board decision 7 (I)

196. UNCTAD other commodity conferences and commodity meetings Trade and Development Board decision 7 (I)

With South South trade growing at almost three times the speed of world trade, an important focus in the area of commodity finance is strengthening the institutions for such trade.

Division for Finance, Division of Finance

Again, a commodity for consumption.

Commodity information reducing asymmetries 9

strategies for commodity companies 15

International commodity agreements or arrangements

Commodity (litres) 1,000 litres Total

Primary commodity prices weakened considerably.

Commodity prices are like this.

The Fund is an intergovernmental financial institution exclusively concerned with commodity development issues and commodity development projects.

To facilitate the application of the principles of structured finance to specific commodity sectors, UNCTAD has also produced blueprints for sectors such as horticulture, renewable energy, fisheries, and oil and gas services.

International commodity markets are under stress.

United Nations commodity and other conferences.

UNCTAD's package of commodity information services