Is TypeWhizz Real Or Another Online Scam? Let’s InvestigateIt’s been reported that climate change is the reason for record high chocolate prices, but what’s received less attention is the root cause of the problem.
Additionally, you lose forests’ air-conditioning effect, which keeps air cool and moist, thereby protecting nearby agricultural systems from heat domes. Have you ever walked into a forest and felt a delicious moist coolness caressing your skin? Imagine losing that at an epic scale. Imagine losing 94% of a country’s forests.
Largely driven by cocoa, deforestation in West Africa ravaged rain cycles, and we now reap the whirlwind with crop failures. The result is a shrinking cocoa supply, which triggered panic and speculation including by “non-commercial traders” in futures markets, and then skyrocketing prices. A 10% cocoa shortage resulted in a multiplication of world cocoa prices by a factor of more than four since speculation is a common factor in commodity markets in periods where prices shoot up.
Farmers work with World Agroforestry staff in a cocoa plot where an Akpi sapling has been planted as part of a nascent agroforestry system. It will eventually break through the cocoa canopy and provide shade and other services. Photo courtesy of Gilberte Kofi/CIFOR-ICRAF.