The 2030 Agenda provides the answers and outlines the pathway to build back better from the Pandemic. The Agenda underlines the importance of transforming societies through green, sustainable, resilient and inclusive paths. The positioning of trade across the 2030 Agenda shows that trade can, when well-regulated, contribute to growth and sustainable development. International trade, as a catalyst for growth and employment creation is likely to play a critical role in achieving the SDGs. However, trade is not considered to be an end in itself under the SDG framework but rather a means of supporting implementation. Indeed, the SDGs include several targets linked to a variety of trade-related policy reforms (‘trade-related targets’) as means of implementation (17.10, 17.11, and 17.12).
Advancing Trade and Improving Lives are the founding values of ITFC and the mission that drives ITFC work. These values are directly related to SDG 1 (No Poverty) and SDG 8 (Economic Growth). At the sector level, ITFC mainly invest in SDG 7 (Affordable & Clean Energy), SDG 2 (Zero Hunger), SDG 3 (Good health and well-being), SDG 4 (Quality Education) and SDG 9 (Industrialization) as a result of continued focus on Energy, Agriculture, Health and SMEs. To reach its objectives, Partnerships (SDG 17) and reduction of inequalities (SDG 10) are at the core of ITFC’s work. as the Corporation aims at allocating resources on regions where the need is greatest, in particular least developed countries (SDG 10.b).
Over US$1 BILLION disbursed for the food and agriculture sector
Over 28 MILLION households benefitting from food financing
Around 600,000 farmers benefitting from ITFC financing and capacity building in agriculture
More than 25,000 patients
500 health workers
13 medical facilities benefitting from ITFC financing
289 people trained
US$3.9 BILLION
extended to the supply of energy inputs
Over 11 MILLION
households provided with access to electricity
Over 116,000
jobs supported within client institutions
US$4 BILLION
of Intra-OIC trade financing
US$182 MILLION
of financing extended to 30 Private Sector clients and partner banks
Over 320 MSMEs
provided with access to financing
Trade finance worth
US$1.5 BILLION disbursed towards LDMCs
Grants worth
US$3.4 MILLION disbursed targeting the most vulnerable
US$426 MILLION of agriculture export value pre-financed by ITFC
US$4.5 BILLION of trade finance mobilized from Syndicate Partners
US$2.5 MILLION of co-financing for trade development projects