The China Mail - Nestle steps up reforestation project in Ivory Coast

USD -
AED 3.672503
AFN 68.590566
ALL 83.623903
AMD 385.112098
ANG 1.789783
AOA 917.000004
ARS 1314.488694
AUD 1.558166
AWG 1.80125
AZN 1.683254
BAM 1.683886
BBD 2.020052
BDT 122.033957
BGN 1.687955
BHD 0.377005
BIF 2991.472491
BMD 1
BND 1.290792
BOB 6.930812
BRL 5.4661
BSD 1.002919
BTN 87.469436
BWP 13.494445
BYN 3.377456
BYR 19600
BZD 2.012139
CAD 1.391539
CDF 2865.000269
CHF 0.80996
CLF 0.02475
CLP 970.930029
CNY 7.1804
CNH 7.186685
COP 4034.45
CRC 506.056667
CUC 1
CUP 26.5
CVE 94.934911
CZK 21.213019
DJF 178.595105
DKK 6.44157
DOP 62.271315
DZD 130.004019
EGP 48.4943
ERN 15
ETB 141.78729
EUR 0.86295
FJD 2.27645
FKP 0.745437
GBP 0.746525
GEL 2.695011
GGP 0.745437
GHS 11.032476
GIP 0.745437
GMD 71.999584
GNF 8694.566649
GTQ 7.691049
GYD 209.835727
HKD 7.816995
HNL 26.235972
HRK 6.502199
HTG 131.231517
HUF 342.271503
IDR 16360.7
ILS 3.408545
IMP 0.745437
INR 87.439201
IQD 1313.668767
IRR 42050.000064
ISK 123.749631
JEP 0.745437
JMD 161.183262
JOD 0.709045
JPY 148.640499
KES 129.250247
KGS 87.447976
KHR 4020.541783
KMF 422.503298
KPW 899.968769
KRW 1393.779738
KWD 0.30599
KYD 0.835823
KZT 539.109248
LAK 21739.523471
LBP 90249.37044
LKR 302.757151
LRD 201.096876
LSL 17.753748
LTL 2.95274
LVL 0.60489
LYD 5.442054
MAD 9.047939
MDL 16.884554
MGA 4420.931194
MKD 52.984124
MMK 2099.610431
MNT 3597.28806
MOP 8.07177
MRU 40.036848
MUR 46.110251
MVR 15.409881
MWK 1739.093003
MXN 18.7694
MYR 4.230497
MZN 63.905886
NAD 17.754436
NGN 1539.389745
NIO 36.908375
NOK 10.20486
NPR 139.944126
NZD 1.72287
OMR 0.384495
PAB 1.002945
PEN 3.500017
PGK 4.239236
PHP 57.052011
PKR 284.559238
PLN 3.674686
PYG 7247.462355
QAR 3.655595
RON 4.360901
RSD 101.130527
RUB 80.578488
RWF 1451.712189
SAR 3.752415
SBD 8.217016
SCR 14.758342
SDG 600.492642
SEK 9.64313
SGD 1.28959
SHP 0.785843
SLE 23.295699
SLL 20969.49797
SOS 573.209474
SRD 37.980048
STD 20697.981008
STN 21.092869
SVC 8.775872
SYP 13002.323746
SZL 17.75878
THB 32.659752
TJS 9.427885
TMT 3.5
TND 2.936082
TOP 2.342104
TRY 41.013975
TTD 6.796413
TWD 30.574976
TZS 2508.384972
UAH 41.318531
UGX 3575.610428
UYU 40.327858
UZS 12503.013397
VES 137.956899
VND 26424
VUV 120.302159
WST 2.707429
XAF 564.737737
XAG 0.026308
XAU 0.0003
XCD 2.70255
XCG 1.807608
XDR 0.702356
XOF 564.74503
XPF 102.67934
YER 240.206653
ZAR 17.739804
ZMK 9001.204229
ZMW 23.193185
ZWL 321.999592
  • JRI

    0.0000

    13.33

    0%

  • BP

    0.1700

    34.05

    +0.5%

  • CMSC

    0.0100

    23.45

    +0.04%

  • NGG

    -0.6500

    71.43

    -0.91%

  • BCC

    0.1700

    84.67

    +0.2%

  • AZN

    -0.0600

    80.46

    -0.07%

  • RIO

    0.6800

    61.3

    +1.11%

  • GSK

    0.0100

    40.08

    +0.02%

  • BTI

    0.2600

    59.27

    +0.44%

  • RBGPF

    0.6500

    73.92

    +0.88%

  • SCS

    -0.0800

    16.1

    -0.5%

  • CMSD

    0.0200

    23.71

    +0.08%

  • RYCEF

    0.3400

    14.16

    +2.4%

  • VOD

    -0.0400

    11.86

    -0.34%

  • RELX

    -0.5000

    48.19

    -1.04%

  • BCE

    -0.0200

    25.72

    -0.08%

Nestle steps up reforestation project in Ivory Coast
Nestle steps up reforestation project in Ivory Coast / Photo: © AFP

Nestle steps up reforestation project in Ivory Coast

Nestle is stepping up its project to combat deforestation in Ivory Coast caused by the growth of cocoa farming, bringing cocoa trading companies directly on board.

Text size:

Ivory Coast is the world's largest cocoa producer, at 40 percent of the global market.

The west African country had 16 million hectares of forest in the 1960s -- a figure which is now down to less than three million, mainly due to cocoa plantations.

Nestle, the Swiss food giant behind chocolate brands like KitKat and Smarties, launched a project in 2020 aimed at restoring and protecting the Cavally Forest in southwest Ivory Coast.

One of the last remaining dense forests in the country, Cavally is a biodiversity reserve covering more than 67,000 hectares, but is threatened by deforestation linked to the cocoa industry and illegal gold panning.

The Nestle project was a partnership with the Ivorian government and the Earthworm Foundation, an NGO that led the project's implementation.

At a media briefing this week at its headquarters in Vevey on Lake Geneva, Nestle said the first phase had led to "a significant reduction in deforestation", with the natural regeneration of 7,000 hectares and the reforestation of almost 1,500 hectares.

- Plenty at stake -

For its second three-year phase, the Swiss trading company Cocoasource and the French firm Touton, which work directly with cocoa and rubber cooperatives in the area affected, have been brought on board.

The project has a budget of four million Swiss francs ($4.45 million).

It aims to strengthen the resilience of the communities on the edge of the forest, and improve the transparency and traceability of the cocoa and rubber supply chain.

Touton, which specialises in trading cocoa, coffee, vanilla and spices, wanted to join the project "because the first phase worked", deputy managing director Joseph Larrose told AFP.

"Collective effort makes it possible to protect the forest."

Restoring the Cavally Forest is in the cocoa industry's interests, he said.

"The very heart of our business is at stake. If tomorrow we no longer have an ecosystem favourable to the raw material we're trading, we no longer have access to this resource."

Julian Oram, the senior director for Africa at the NGO Mighty Earth, said the Nestle initiative was a valuable way of addressing deforestation.

However, "it's important that companies such as Nestle don't use agroforestry... as a way of avoiding changes to their core business practices: which is how they buy cocoa, including the prices they offer", he told AFP.

"Sustainability programmes are no substitute for fair cocoa purchasing practices."

- 'Imported deforestation' -

Global conservationist group WWF is a sharp critic of what it calls "imported deforestation".

It says that Swiss consumption of eight major raw materials -- including cocoa, coconuts, coffee and palm oil -- occupies more than twice the area of Switzerland's own forests.

The NGO says 54 percent of Switzerland's cocoa imports come from countries where the risk of deforestation is either high or very high.

In mid-April, the European Parliament adopted a regulation banning the import of products such as cocoa, coffee, palm oil or rubber if they came from land deforested after December 2020.

The objective is to curb deforestation outside the European Union, with the EU, according to the WWF, the second-biggest destroyer of tropical forests, after China. The NGO says the EU is responsible for 16 percent of global deforestation.

- Swiss ministry signs up -

Besides commodity traders, the Swiss economy ministry has joined the Cavally project.

Monica Rubiolo, head of trade promotion at the ministry, told the media briefing that Switzerland wanted to contribute to improving supply chains as the wealthy Alpine nation is "an important country" for trading and processing cocoa.

Nestle achieved a turnover of 8.1 billion Swiss francs in confectionery alone in 2022.

Switzerland has yet to follow its EU neighbours in terms of its legislation, lamented Romain Deveze, raw materials expert for the Swiss WWF.

"It would be good if we didn't have to wait 10 years for Switzerland to align itself with European regulations," he told AFP.

X.So--ThChM