Cocoa Quiz Flashcards
What was funded by Cocoa
- education
-houses are built with cocoa
-foundations of roads
-schools
-hospitals
-government runs on cocoa
What do their policies focus on
-policies focus on sustaining cocoa
What did industry leaders like Nestle, Mars,
and Hershey vowed to, about two decades ago
to improve their cocoa supply chains in West Africa, where most of the world’s
cocoa originates.
What goal was at the top of their list
child labor so the roughly two million children working on cocoa farms could instead be in school.
What are other more recent objectives
halting deforestation, teaching farmers better growing practices, and
improving life in cocoa communities.
What do chocolate companies still struggle with
still struggle to trace their supply chains back to the individual farms that produced the beans they purchase.
what is hard to know without traceability
it is hard to know if child labor was used or
not.
what does Extreme poverty in cocoa producing nations generates
endemic challenges that are
not easily overcome.
What is the crux of the problem
too many West Africans depend on cocoa for their livelihood, and too few global consumers are willing to pay more for their chocolate.
how much does the global chocolate industry generate in sales
$107 billion a year with strong growth
forecast for the next five years.
what are some of the major players
Nestle, Mars, Hershey, Mondelez, and Godiva,
What do chocolate companies rely on
a steady supply of
cocoa grown mainly in developing countries
How much of the worlds cocoa comes from west Africa
60%
How many cocoa farms are in west Africa
2 million with most grown in Ivory Coast and Ghana
Who holds the biggest share of cocoa in west Africa
Ivory Coast with 30%, cocoa is its largest export
What largest export is cocoa in Ghana
Third largest, following gold and crude oil