The Philippine government on February 4 made a $15,000 voluntary contribution to the Common Fund for Commodities (CFC), reaffirming its support for smallholder commodity producers worldwide.
The Philippine Embassy in the Netherlands said the contribution underscores the country’s commitment to the CFC’s mission of promoting equity and opportunity, particularly in developing nations.
Philippine Ambassador to the Netherlands J. Eduardo Malaya said the donation aims to support the organization’s CFC 2.0 transformation.
CFC Managing Director Sheikh Mohammed Belal expressed gratitude to the Philippines, citing Malaya’s active leadership within the organization. Katrina Manubay
The CFC has supported 11 agricultural projects in the Philippines, including initiatives in cacao, seaweeds, coconut, sugarcane, abaca, and cocowood.
