āThis partnership builds on Cocoa Lifeās ongoing forest protection efforts. Itās an exciting new chapter in our work in Ghana and fits with the commitment we made by signing the Cocoa & Forests Initiative Framework for Action at COP23.ā
MondelÄz International is contributing $5m over five years to the GCFRP, which aims to significantly reduce the high rate of deforestation and forest degradation, as well as their associated greenhouse carbon emissions, from cocoa farming within Ghanaās High Forest Zone.
Together with these partners, MondelÄz International will execute an action plan in key Hotspot Intervention Areas, focusing on:
ā¢ Mapping all land uses, including cocoa farms
ā¢ Implementing climate-smart cocoa practices to increase yields and sustainability
ā¢ Improving access to finance to foster good practices by farmers and communities
ā¢ Legislative and policy reform to support programme execution
ā¢ Coordination and measurement, reporting and verification
Since 2013, Cocoa Life has worked with the Ghana Cocoa Board and UNDP to promote environmentally sustainable production practices while conserving ecosystems and natural resources in cocoa landscapes across Ghana. MondelÄz International is also a founding member of theĀ Cocoa & Forests Initiative, in which 12 leading cocoa and chocolate companies are partnering to reduce deforestation in the cocoa supply chain.