LIVING INCOME
2024/25: OUR HIGHLIGHTS AND LEARNINGS
Developed an updated living income vision for 2030 and 2050 to enable more cocoa farmers to earn a living income. Our vision recognises that enabling a living income for cocoa farmers requires not just paying higher prices, but also guaranteeing long-term support and targeted interventions to build farmers’ resilience to climate, economic and household shocks. Our Mission Allies paid €886,064 as an Emergency Productivity Boost to 27,314 cocoa farmers to support them in strengthening their climate resilience and addressing productivity challenges. At our 3 longest-term partner cooperatives, an estimated 41% of farmers earned at or above the living income benchmark, a significant increase since last season (19.1%). 34 This substantial increase can be explained by the higher farmgate prices and additional premiums paid.
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34. We updated our living income analysis methodology this year, as described in this chapter, as a result of which these numbers are not directly comparable.
2025/26: WHAT’S NEXT?
Rolling out our updated living income vision.
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Providing targeted support packages – including financial assistance, training, and productivity interventions – for farmers who are invested in improving their farms, women and vulnerable households. Rolling out financial literacy and digital payment initiatives in partnership with Agriterra and 100WEEKS, including scaling up mobile banking access for 14,000 cooperative members and delivering financial literacy training to 1,500 members across 6 partner cooperatives.
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Ending exploitation in cocoa together
Living income
Climate, environment & productivity
Human rights
Governance & finances
Interesting appendices
Scaling for change
Introduction
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