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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Ghanaian cocoa farmers ask for farm-gate price increase
Cocoa farmers are pressing for a farm-gate price of GH¢1,380 per 62.5kg bag of cocoa beans, marking a substantial 72.5 percent rise from the current GH¢800 rate. With COCOBOD poised to unveil new prices for the upcoming 2023/2024 cocoa season in the coming days, the Ghana Civil Society Cocoa Platform (GCCP) conveyed their stance during …
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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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