Summary
This report assesses the current strategies and interventions employed by cocoa and chocolate companies in Ghana with the aim of raising the income of cocoa farmers within their supply chains. It delves into three primary aspects: first, a comprehensive examination of companies' living income strategies, synthesising the existing approaches to elevate farmer incomes within sustainability programs. Second, an evaluation of the income conditions of farmers, analysing key trends such as productivity, costs, and prices among those engaged in companies' sustainability initiatives. Lastly, the report scrutinizes the effectiveness and impact of companies' living income strategies, distilling insights into their capacity to substantially improve the financial well-being of cocoa farmers in Ghana. The methodology involved compiling and analyzing publicly available information on companies' strategies, followed by a mixed-methods approach for engaging cocoa farmers, encompassing 404 surveys and 24 focus group discussions.