Trade and Supply Chain Finance Program (TSCFP)
TSCFP works to make global trade and supply chains green, resilient, inclusive, transparent, and socially responsible.
Promoting activities in ADB’s developing member countries (DMCs) to achieve their Sustainable Development Goals, including green initiatives, ending support for fossil fuels, and increasing awareness and developing capacities of partner banks through various learning activities.
Collaborating with key global partners on initiatives that will transform the trade and supply chain finance ecosystem and create resiliency. With systems remaining heavily reliant on paper being relayed between parties involved in moving goods and services around the world, digitalization of trade becomes imperative.
Supporting small and medium-sized enterprises in accessing the capital needed to create growth and leading the inclusion of women and initiating disability initiatives in ADB DMCs. Trade makes the most impact when everyone benefits.
Leading transparency initiatives to improve global supply chains. This includes anti-money laundering, countering the financing of terrorism, and digitalization of trade. Improved transparency leads to trust, lower trade costs, and improved predictability.
Leading the development of key standards for socially responsible trade and supply chain finance, including labor standards, and safe and equitable labor practices. TSCFP is developing innovative solutions for compliance and reporting with partner organizations.
Knowledge products, services, and solutions are pillars of TSCFP’s strategy to close trade and supply chain finance market gaps.
TSCFP focuses on building the knowledge and capacity among its partner banks in ADB’s developing member countries by sharing vital information through thought leadership, providing internationally-recognized trainings and online courses, facilitating avenues for peer discussions and information sharing, and leading industry reforms.
Anchored on the premise that local trade and supply chain financial systems require continuous learning and capacity development to keep up with the ever-changing global market and to instill trust and confidence in the trade finance community.
ADB offers technical assistance to partner banks for technical capacity building of its staff and promote sustained confidence in the international trade finance community. The online courses offered by TSCFP has specific learning objectives, including building awareness on trade finance issues and providing knowledge products for the trade finance industry.
A new tool that maps the entire supply chain for 34 critical pandemic-fighting goods (e.g. ventilators, N95 masks, etc); helping banks, investors, and governments ensure companies have no bottlenecks and financial support is there to ramp up supply.