The announcement that the Ivorian and Ghanaian governments will raise the floor price for cocoa farmers, as well as levy an extra fee to cocoa buyers, is an important and necessary step in order to make the cocoa sector more sustainable and should be supported by the cocoa industry. The VOICE network welcomes this historic initiative by the governments of Ghana and Côte d’Ivoire to improve the income situation for farmers, although questions remain on its implementation.