Nsight | vol 2

Thursday, June 6, 2024

Your roundup on the latest news and resources on sustainable agricultural commodities for a climate smart future 💡

🗞️ Top news picks

  • New report from Quantis, informed by 600 professionals, highlights urgent need for greater sustainability & visibility in food supply chains 🔎

  • McCain launch regenerative agriculture project to revolutionize potato farming 🥔

  • The Accountability Framework initiative (AFi) and CDP reveal mixed progress in eliminating deforestation from corporate supply chains 🌳

⭐ Spotlight post

This fortnight, we have dropped a Primer exploring everything you need to know to understand Climate-Smart Cocoa 🍫

The cocoa industry has been making headlines. Climate change is already impacting global supply chains, disrupting production and driving up costs. On top of this, producers are coming under increasing pressure to meet EU sustainability mandates.

Our latest Primer delves into the innovative strategies that are transforming cocoa production into a climate-smart industry. We cover current market dynamics, the need for climate-smart cocoa practices, and the cutting-edge solutions being implemented to ensure a resilient and sustainable future for cocoa farmers. These practices not only help mitigate climate impacts but also support compliance with new sustainability regulations ✅

📡 On our radar

  • The Race to Map the World and Protect $110 Billion of Trade - Bloomberg’s recent deep dive on the EUDR iis effective in highlighting both the benefits and potential injustices to smallholder farmers, also explored on their Big Take podcast.

  • Kitui farmers see success with introduction of regenerative agriculture practices - sustainable agriculture is helping smallholder farmers thrive, 91% of farmers reported substantial crop yield increases.

  • Supply chain dynamics: New players and increasing vertical integration - This trend is being discussed in the EV industry where stable, sustainable commodity access is already an issue. The same will likely happening in food & ag, if not already in motion.

  • We need Regenerative agriculture, but how can farmers fund the transition? - interviews with farmers reveal that long term approaches should include: multi-year crediting programmes, exploring corporate partnerships, taking green loans and ongoing government grants and subsidies.

And one more thing…

To connect with cocoa producers on the ground we recommend checking out content from African Cocoa Marketplace. We love this video of John sharing how a good cocoa harvest means he can pay for his daughter’s education.

🤝 Let’s connect

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