World Cocoa Foundation Inc.

THE AFRICAN COCOA INITIATIVE (ACI) AND AFRICAN COCOA INITIATIVE PHASE II (ACI II) ARE PUBLIC-PRIVATE PARTNERSHIPS AMONG WCF, THE U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT, AND WCF MEMBER COMPANIES. INCREASED FARM-LEVEL PRODUCTIVITY IS A DRIVER FOR ECONOMIC GROWTH, FOOD SECURITY, ENHANCED QUALITY OF LIFE AND IMPROVED ENVIRONMENTAL SUSTAINABILITY. IN RECOGNITION OF THIS, ACI FOCUSES ON FACILITATING PUBLIC PRIVATE PARTNERSHIPS AND IMPROVED PRODUCTIVITY WHILE ACI II FOCUSES ON POOR QUALITY PLANTING MATERIAL AND LACK OF ACCESS THEREOF, AS WELL AS THE ABSENCE OF RURAL FINANCIAL SERVICES TO FINANCE FARM RENOVATION. THE GOALS OF ACI/ACI II INSTITUTIONALIZE EFFECTIVE PUBLIC AND PRIVATE SECTOR MODELS TO SUPPORT SUSTAINABLE PRODUCTIVITY GROWTH AND IMPROVED FOOD SECURITY. IN 2019, ACI II INCORPORATED ACTIVITIES FOR COTE D'IVOIRE SPECIFICALLY THEIR FEMALE MEMBERS BY PROVIDING ACC.ESS TO SAVINGS, CREDIT AND IMPROVED HOUSEHOLD INCOME IN ESTIMATED 934 VSLA.

Expenses: $881K

COCOAACTION BRASIL IS A PIONEERING MODEL FOR COCOA SUSTAINABILITY THAT HELPS PRIVATE SECTOR COMPANIES WORK TOGETHER ACROSS THE SUPPLY CHAIN, SPEAK WITH A UNIFIED VOICE WITH NATIONAL AND LOCAL GOVERNMENTS, AND LEARN TOGETHER THROUGH A CONSOLIDATED MONITORING AND EVALUATION SYSTEM. LEADING MEMBERS OF BRAZIL'S CHOCOLATE AND COCOA SECTOR LAUNCHED "COCOAACTION BRASIL" TO ADDRESS A RANGE OF SUSTAINABILITY ISSUES IN THE COUNTRY'S COCOA SECTOR, IN OCTOBER 2018. COCOAACTION BRASIL WORKS TO FIND SOLUTIONS THAT INCREASE PRODUCTIVITY, IMPROVE THE QUALITY OF BRAZIL'S COCOA, INCLUDING CONTROLLING PESTS AND DISEASES, IMPROVE FARMERS' LIVING AND WORKING CONDITIONS, STRENGTHEN FARMERS ORGANIZATIONS, AND SUPPORT SUSTAINABLE FOREST-POSITIVE COCOA PRODUCTION SYSTEMS. ALL ACTIVITIES ARE IMPLEMENTED BY ENGAGING MEMBERS AND PARTNERS THROUGHOUT THE SUPPLY CHAIN. COCOAACTION BRASIL HAS AN ESTIMATED DURATION OF FIVE YEARS, FROM 2018 TO 2022.

Expenses: $464K

DEFORESTATION IS A MAJOR ISSUE IN COTE D'IVOIRE AND GHANA, WHICH TOGETHER PRODUCE NEARLY TWO-THIRDS OF THE WORLD'S SUPPLY OF COCOA. COTE D'IVOIRE AND GHANA RESPECTIVELY LOST 25% AND 8% OF THEIR PRIMARY FOREST BETWEEN 2002-2019, WITH A SIGNIFICANT PORTION OF DEFORESTATION DUE TO COCOA FARMING. AT THE NOVEMBER 2017 UN CLIMATE CHANGE CONFERENCE (COP23), THE GOVERNMENTS OF COTE D'IVOIRE AND GHANA AND LEADING CHOCOLATE AND COCOA COMPANIES SIGNED THE COCOA & FORESTS INITIATIVE FRAMEWORKS FOR ACTION. IN MARCH 2019, ANOTHER MILESTONE WAS REACHED TO STRENGTHEN TRANSPARENCY AND ACCOUNTABILITY IN THE COCOA SUPPLY CHAIN: THE SIGNATORIES RELEASED ACTION PLANS THAT SPELL OUT CONCRETE STEPS TO END COCOA-RELATED DEFORESTATION. THE ACTION PLANS FOCUS ON: FOREST PROTECTION AND RESTORATION, SUSTAINABLE COCOA PRODUCTION AND FARMERS' LIVELIHOODS, COMMUNITY ENGAGEMENT AND SOCIAL INCLUSION. IN 2020, THE COCOA & FORESTS INITIATIVE REPORTED ON THE FIRST TWO YEARS OF IMPLEMENTATION.