By Thomson Reuters
The cocoa industry’s efforts to source sustainably have been around for years, though little has changed for farmers, with poverty widespread and forest cover all but decimated
Ivory Coast and Ghana will meet major chocolate makers and grinders in Abidjan on today to make plans to regulate the industry’s efforts to source cocoa sustainably, multiple trade and government sources told Reuters.
The plan comes after years of attempts by industry to self-monitor their sustainable sourcing practices and wipe out the blight of child labour and deforestation from the cocoa sector in West Africa.
Industry fears the new move might represent a major and costly overhaul of the certification schemes they use to boost their brands in highly competitive markets where both consumers and investors are growing increasingly eco-conscious. Read more>>