An intensive programme for Fairtrade cocoa cooperatives in Ghana and Côte d’Ivoire, is showing encouraging signs, according to initial results released by the organization.
A major new landscape study commissioned into the cocoa sector in Ghana and Côte d'Ivoire by Mondelēz International’s Cocoa Life in conjunction with The Fairtrade Foundation has discovered that at least 800,000 farmers are being targeted more than...
Fairtrade says the funding is in place to support farmers, workers and communities affected by the coronavirus pandemic to meet long-term and short-term needs.
Fairtrade producer organisations stand to lose around $380m a year in Fairtrade Premium if they are unable to sell their products, organioation has warned.
Fairtrade certified cocoa farmers spend 36% of their premiums on increasing productivity and cocoa quality – far above Fairtrade International’s suggested 25% minimum, a report from the organization reveals.
UTZ Certified argues that guaranteeing cocoa farmers a premium distorts the market by discouraging them from adopting good agricultural practices as they are guaranteed a premium regardless of quality. Fairtrade International disagrees.
Branded chocolate makers could get a sales boost by cutting prices for fairtrade products in developed markets and making items more readily available, according to an analyst from Euromonitor.
