Good Governance for Living Income in Cocoa
There are many reasons why governance needs to be part of the living income
conversation. Government policies help address the root causes of poverty, and
governance is also a key driver in enabling long term effectiveness of sustainability
interventions. The key elements of Good Governance for a Living Income include
rural development strategies, infrastructure, transparency & accountability, rule of law,
and supply management. The current market crisis is, in a significant part, the result
of poor governance and management of the sector by exporting governments. The
new regulatory reality – where sustainability is becoming a matter of legal compliance
instead of voluntary efforts, provides a real possibility for producing governments to
support their farmers. It will also require significant efforts from regulators and financial
support.
Area of focus: Cocoa
Author(s): Antonie Fountain
Organisation/institution: VOICE