![]() In our trade transaction guarantee program. Over 286 issuing banks across 85 emerging markets currently participate Global Trade Finance Program, issuing banks Smoothly, there needs to be a wellfunctioning A price incentive or longer tenors may be available for equipment and projects that have clearly defined climate change benefits as part of our Climate Smart Trade initiatives or that support sustainable global value chains with Sustainable Shipment LCs. ![]() The guarantees are available for all private sector trade transactions that meet IFC's eligibility criteria. These guarantees are transaction-specific and may be evidenced by a variety of underlying instruments such as: letters of credit, trade-related promissory notes, accepted drafts, bills of exchange, guarantees, bid and performance bonds and advance payment guarantees. GTFP offers confirming banks partial or full guarantees covering payment risk on banks in emerging markets for trade related transactions. (C) by IFC, International Finance Corporation, World Bank.
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