‘Help farmers develop more efficient farming practices’

In the Balancing the Living Income Challenge report published in November, WUR economists calculate that even if consumers were to pay twice as much for chocolate, this would indeed increase the income of small-scale farmers in Ghana and Ivory Coast, but that many farmers would still not be able to earn a decent income from cocoa farming. This is due to the relatively limited quantity of cocoa that these farmers produce. As a result, the income of individual farmers would only increase slightly, and the price increase would mostly benefit bigger farmers producing larger volumes.