Standard Chartered and the International Finance Corporation (IFC) have signed a $700m investment in IFC’s Global Trade Liquidity Programme to support global trade finance. The facility is expected to support up to $6.4bn in trade over three years across Asia, the Middle East, Africa and Latin America by supporting about 850 importers and exporters involved in critical commodities, basic goods and other essential materials. The GTLP programme continues to evolve to reflect changing market dynamics and now features a significant climate component as well as seeking greater activity in the areas of IDA markets and food security.