DURATION:
1 year
LOCATION:
Africa, Latin America, Asia and Oceania
NATURE OF PROJECT:
Payments for Environmental Services as a tool to enhance the economic and environmental sustainability of smallholding cocoa farming.
ESTIMATED TOTAL COST:
EUR€ 74,300
SOURCE OF FUNDING:
International Cocoa Organization (ICCO)
COMMISIONED TO:
South Pole
PROJECT STARTING DATE:
April 2020
COMPLETION DATE:
Expected in April 2021

 

 

Brief Description:

Most cocoa farmers still live in conditions of extreme poverty despite all the efforts from various stakeholders to lift them out of it. Nevertheless, it is possible to enhance the economic and social sustainability of the cocoa supply chain while improving its environmental sustainability by contracting farmers and their communities into reforestation and afforestation programmes – i.e. Payments for Environmental Services (PES) – implemented at national and farm levels.

 

Project Objectives:

South Pole will review the current status of payment for environmental services adopted in cocoa farming and provide an overview of these programs and their role in securing better income for farmers and environmental sustainability.  This analysis will be instrumental for the development of / three pilot projects on the feasibility of PES in cocoa farming.

Project Status:

South Pole has been contracted to conduct the study in April 2020. Results will be presented in 2021 at the 5th Edition of the World Cocoa Conference.