Sevilla, Spain. Trade Treasury Payments (TTP) has joined the TF COP Task Force as a founding media partner, supporting a coalition of global institutions working to close the persistent trade finance gap. The Task Force was formally launched in Sevilla this week, on the sidelines of the United Nations Fourth International Conference on Financing for Development (FFD4).
Conceived under the umbrella of ITFA and anchored by a growing list of public and private institutions, including development finance banks, trade associations, central banks, legal specialists and commercial lenders, the TF COP Task Force is designed to move the conversation from declaration to delivery.
The launch event in Sevilla marked a significant moment for the trade finance community. The TF COP platform is structured around two core functions: a think tank to shape regional and thematic working groups, and an incubator for testing real-world sandbox pilots. It will meet regularly, with its next formal gathering during IMF and World Bank Week in Washington this October.
“We’re proud to join TF COP, both as members, and as media partners, to help connect the dots between the pilots being developed, the problems they aim to solve, and the broader policy and market context they sit within,” said Deepesh Patel, Managing Director and Editor in Chief of Trade Treasury Payments. “The trade finance gap has long been treated as a technical challenge. But it is just as much about inequality, trust, and access. If we want to move capital where it’s needed most, we have to make the mechanisms visible, credible and scalable. That’s where this Task Force comes in, and we’re proud to support a diverse group of participants with one single focus: closing the trade finance gap.”
At its core, TF COP is designed to be operational. Working groups will develop sandbox pilots led by members, with ideas already circulating across SME trade insurance, DFI-backed securitisation, and ESG-linked liquidity structures.
Participation spans across institutions including the African Development Bank, Asian Development Bank, IFC, EBRD, IDB Invest, MIGA, ATIDI, BAFT, Berne Union, FCI, ICISA, the Reserve Bank of Malawi and private institutions like Rawbank, Mercore, Crown Agents Bank, The Hartford and others.
Duarte Pedreira, Chair of TF COP and ITFA Board Member, said, “This Task Force is about access, advocacy, action. We need credible partners to help tell the story of what’s being built and why it matters. TTP brings a unique perspective to that. Deepesh and the TTP team understand both the policy complexity and the practical urgency of the trade finance gap. We’re delighted to have them on board.”
The TF COP Task Force aligns closely with the ambitions set out in the newly adopted Sevilla Commitment at FFD4, where governments pledged to strengthen private sector mobilisation, enhance inclusive access to capital, and reform the architecture of global finance. The gap between sustainable development goals and financing remains over $4 trillion annually, and trade finance is one of the most glaring pieces of that puzzle.
TTP will provide regular reporting, insights, and media coverage of the Task Force’s pilots, events, and working group developments — with a focus on transparency, credibility and market relevance.