Created in 2007, the Finance Alliance for Sustainable Trade (FAST) is a member driven, non-profit international organization headquartered in Montreal, Canada. Its current membership base (over 100 members) represents Small and Medium Enterprise producer organizations, commercial and socially-oriented lenders, development focused NGOs, and other sustainable trade stakeholders.
Small and medium sized enterprise (SME) producers have been identified as one of the most important drivers of economic growth and poverty reduction in developing countries. Sustainable SME producers are growing in number and are key drivers behind a global transition to sustainable trade. Currently, a major barrier facing the continued growth and development of SME's is the unmet need for external finance. Since entry into sustainable markets typically requires additional capital investment - many producers in developing countries simply cannot afford to invest in the transition.
FAST's mission is to facilitate a global collaborative effort among its members to ensure continued growth of the sustainable trade sector. This is made possible by increasing the number of producers in developing countries who can successfully access affordable trade finance and longer-term loans, tailored to their business needs as they enter sustainable markets.
The SCI's role in the development of FAST dates back to 2003, when discussions among members of the SCI's Sustainable Coffee Partnership identified improving producer access to finance as a key strategy in achieving its core objectives of enabling the adoption of more sustainable practices across commodity markets. The SCI took the lead in convening FAST stakeholders at the Specialty Coffee Association of America's annual conference in 2005 and 2006 and continued to lead the process, along with steering committee participants, until FAST's formal establishment as a non-profit organization in 2007. Currently, the SCI and FAST work collaboratively on a number of projects.
Other articles related to "fast":
... Fast food is the term given to food that can be prepared and served very quickly ... While any meal with low preparation time can be considered to be fast food, typically the term refers to food sold in a restaurant or store with preheated or precooked ingredients ... The term "fast food" was recognized in a dictionary by Merriam–Webster in 1951 ...
... in 1994, which in turn resulted in the formation of Fast Search Transfer (FAST), established on July 16, 1997 ... It was used primarily as a showpiece site for FAST's enterprise search engine ... According to FAST, AllTheWeb once rivaled Google in size and technology ...
... Fast and Loose is a cheating game played at fairs by sharpers ... spectator to place a stick in the true center loop — the one that holds Fast to the stick when the two ends of the strap are pulled ... easy, if you know how to spot it." "Like a right gipsy, hath, at fast and loose, Beguiled me to the very heart of loss." Shakespeare also mentions "Fast and Loose" in "King John" and in "Love ...
... In areas which had access to coastal or tidal waters, 'fast food' would frequently include local shellfish or seafood, such as oysters or, as in London, eels ... at Oldham's Tommyfield Market marks the origin of the fish and chip shop and fast food industries in Britain ... British fast food had considerable regional variation ...
Famous quotes containing the word fast:
“Who liveth by the ragged pine
Foundeth a heroic line;
Who liveth in the palace hall
Waneth fast and spendeth all.”
—Ralph Waldo Emerson (18031882)
“Unhappie Verse, the witnesse of my unhappie state,
Make thy selfe fluttring wings of thy fast flying
—Edmund Spenser (1552?1599)
“Crotchless trouser allows wearer to show private parts in public. Neoprene-coated nylon pack cloth is stain resistant, water repellent and tickles thighs when walking. Tan-olive shade goes with most fetishes. Adjustable straps attach to belt for good fit and easy up-down. Pant is suitable for fast exposures as well as extended engagements. One size fits all.”
—Alfred Gingold, U.S. humorist. Items From Our Catalogue, Flashers Pants, Avon Books (1982)