New York, 5 August 2022 (TDI): Ivory Coast is one of the biggest exporters of cocoa beans worldwide. United Nations Development Program (UNDP), Food and Agriculture Organization (FAO), and International Climate Initiative (IKI) have collaborated to create lasting agroforestry landscapes around the cocoa industry in Ivory Coast. 

The economy of the Ivory Coast, agricultural production, forest management, and fishing industry are all significant sectors. Despite this, agriculture faces difficulties like deforestation, soil degradation, and the negative impacts of global warming.  

Furthermore, the agriculture and food chains, rural farmlands, and the country’s delicate ecosystems have been all impacted. This has resulted in increased temperatures, extended dry seasons, and frequent flooding.  

Additionally, the advancement of the economy and society depends heavily on cocoa, which also brings affluence to Ivory Coast.

A total of 2 million tons of cocoa were produced nationally in 2017, accounting for about 40 percent of global exports and 10 percent of the GDP.  

Also, while cultivation has been a significant contributor to deforestation over the past few decades, changing the landscape and threatening biodiversity have impacted.  

Consequently, the ability of forests to absorb carbon emissions is reduced, although farmers in the Ivory Coast rely on the forests for 74 percent of their income.  

Furthermore, the national development plans of the Ivory Coast have made significant efforts to incorporate adaptation and mitigation priorities. The accomplishment of these objectives is impeded by institutional barriers, though.  

Therefore, the lack of multi-sectorial collaborations for the Nationally Determined Contributions (NDCs) and measurement, reporting, and verification (MRV) framework, there is a need for improved collaboration.

This had taken place between both the national and sub-national levels. In addition, overcoming financial obstacles continues to be a significant hurdle.

For example, it is challenging to obtain financing from adverse influences. Furthermore, there is no clear resource mobilization strategy for initiatives adapting to and mitigating climate change. 

A framework for private sector conversation has also been established to support private sector participation in climate change adaptation. Hence, the potency of private sector sources of finance has also been investigated as a section of the process.  

Moreover, the private sector can work to improve agroclimatic information systems and encourage adaptive farming methods. Also, they can assist the agro-pastoral sector by creating climate-smart agriculture programs for important crops.