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Trade Treasury Payments

TF COP’s moment of truth for closing the trade finance gap

20 Nov 2025

Description

With the next TF COP meeting approaching in London, the trade finance community is again being asked to confront the structural forces behind the persistent $2.5 trillion financing gap. Closing it will require not only capital but a redesigned architecture capable of supporting SMEs in the markets where access remains most constrained.To understand why the gap endures and what practical steps must follow, Trade Treasury Payments’ (TTP) Trade and Technology Editor Carter Hoffman spoke with Makiko Toyoda, Global Manager of Trade and Supply Chain Finance at IFC, and Shona Tatchell, Director of the Trade Facilitation Programme at EBRD. Their perspectives shed light on the legal, regulatory, operational and digital bottlenecks that continue to limit liquidity, and the coordinated solutions MDBs, banks and policymakers must now build together.

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