1、November 2021Reconceiving the global trade finance ecosystemIn collaboration withAbout the authorsAbout McKinsey McKinsey is a global management consulting firm committed to helping organisations create Change that Matters.Located in more than 130 cities and 65 countries,our teams help clients acros
2、s the private,public and social sectors shape bold strategies and transform the way they work,embed technology where it creates value,and build capabilities to sustain the change.Not just any change,but change that mattersfor their organizations,their people,and for society at large.For more informa
3、tion on McKinsey,please visit .About the International Chamber of CommerceThe International Chamber of Commerce(ICC)is the institutional representative of more than 45 million companies in over 100 countries.ICCs core mission is to make business work for everyone,every day,everywhere.Through a uniqu
4、e mix of advocacy,solutions,and standard setting,we promote international trade,responsible business conduct,and a global approach to regulation,in addition to providing market-leading dispute resolution services.Our members include many of the worlds leading companies,small and medium-size enterpri
5、ses(SMEs),business associations,and local chambers of commerce.For more information on the ICC,please visiticcwbo.org.About the Advisory Group on Trade FinanceEstablished by the ICC in August 2020,the Advisory Group on Trade Finance(AFT)is a cross-sector coalition of leaders in global trade and fina
6、nce who pledged to highlight the issues faced by micro,small,and medium-size enterprises(MSMEs),advocate for better access to trade finance,and think about how the global trade ecosystem can better serve MSMEs.The ATF is co-chaired by Victor K.Fung,Chairman of the Fung Group,and Marcus Wallenberg,Ch