deforestation

Cocoa Farmers in Ghana want 72% increase in farm-gate price

Cocoa farmers in Ghana are urgently appealing to the government for a significant increase in the farmgate price of their cocoa produce. Their primary reasons include addressing poverty among farmers, curbing cross-border smuggling, and combating illegal mining activities on cocoa farms. These farmers, organized under the Ghana Civil-society Cocoa Platform (GCCP), recently held a press …

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Ghana asks European cocoa buyers to pay more for sustainable cocoa

European cocoa buyers must be ready to pay more for cocoa beans that meet the region’s looming sustainability rules, key grower Ghana warned. Ivory Coast and Ghana which produce two-thirds of the chocolate ingredient, are having to set up systems to comply with new European Union (EU) regulations that ensure products are not grown on …

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ICE aims to help cocoa, coffee firms meet EU deforestation rule

LONDON/BRUSSELS, June 13 (Reuters) – Intercontinental Exchange (ICE.N) plans a traceability service to help cocoa and coffee firms comply with a new EU law preventing the import of commodities linked to deforestation. The law, expected to come into effect around end-2024, will require companies selling commodities in the European Union to produce a due diligence …

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