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Podcast: Sustainable Business Podcast by Innovation Forum
Episode: Is market intervention necessary for the cocoa sector long-term?
Description: Stephanie Westhelle, development manager for sustainability and partnerships at Fairtrade America argues that it’s hard to see how cocoa supply chains can be viable in the long term if farmers are compensated by less than $1 a day in a sector worth over $150bn a year.
She discusses how poverty, gender inequality and child labour risks can be tackled, and why these are closely linked to the deforestation associated with the cocoa sector in west Africa. Beyond simple farm economics, consumer pressures and the industry taking a more holistic view of cocoa “supply communities” are required, she says...