Keeping the 1.5 degrees ambition alive through collective action
Gerry Manley, CEO of ofi cocoa and Chief Sustainability Officer of ofi
At last year’s COP26 climate summit, promises were made by governments and companies to go further and faster to tackle climate change. Now, as we reach the midpoint of COP27, the focus is on how to turn commitment into action and keep the 1.5 degrees climate ambition alive.
For many in the cocoa sector, doing so remains a challenge – even without the added difficulties of inflation and supply chain disruption. But there is a significant prize to be won. The chocolate & confectionery market is growing at pace, as is consumer appetite for simple ingredients with ethical credentials. In fact, we predict another one million tons of cocoa is required in the next decade to fuel demand. This is a huge opportunity to channel growth in a healthier way for farmers, landscapes and consumers.