Over one year after an inaugural sustainable coconut roundtable was held in Malaysia, the United States Agency for International Development (USAID) and global cacao corporate, Barry Callebaut, reconvened coconut buyers via webinar on June 30 to continue efforts to prevent a global coconut shortfall through a sustainable sourcing charter.
The United States Agency for International Development (USAID) Green Invest Asia project recently co-organized with Barry Callebaut, the world’s leading manufacturer of chocolate and cocoa, a half-day coconut networking event in Bangkok to advance pre-competitive collaboration on sustainable coconut supply chains and drafting of a “sustainable coconut charter” that emulates other commodities’ sustainability agreements.
The United States Agency for International Development (USAID), through its Green Invest Asia project, has launched a study on cacao-coconut intercropping that will help increase farmers’ income and lower carbon emissions in the southern Philippines.
Coconut consumption continues to grow globally, increasing the nut’s profile as a safe food alternative, even reaching superfood status in some circles. According to the Asian and Pacific Coconut Community, an inter-governmental trade group, exports of coconut water from the Philippines almost doubled from 647,000 liters in 2008 to 1.8 million liters in 2010, before multiplying to 61 million liters in 2015.