Trade and Supply Chain Finance Program (TSCFP)

TSCFP COVID-19-related knowledge products:

• New tool launched on 28 May 2020 and published on ADB website that maps, end-to-end, the entire supply chain for 19 critical pandemic-fighting goods, such as ventilators, N95 masks, etc. The web-based tool helps banks, investors, and governments ensure companies have no bottlenecks and financial support is there to ramp up supply.
• Webinar Mitigating COVID-19 Trade Finance Risk, discussed the risks associated with trade finance during the COVID-19 pandemic and guidance for banks to minimize risks and avoid potential losses, took place 25 June 2020. View recording.
• Expanded online trainings and courses for banks on anti-money laundering and to underpin support for companies in trade and supply chains, in partnership with the Association of Certified Anti-Money Laundering Specialists and the International Chamber of Commerce Academy, respectively.
• Digitization Initiative. First pilot trade finance transaction using distributed ledger technology by a multilateral development bank successfully completed in August 2020. The use of distributed ledger technology or blockchain is a step toward the goal of digitizing more of the paper-intensive trade finance process.