Cocoa

Peru Cocoa Alliance

GeoTraceability Ltd is delighted to announce its participation in an innovative new public/private cocoa partnership, the Peru Cocoa Alliance, alongside partners the CARANA Corporation, the United States Agency for International Development (USAID), Source Trust and Amarjaro Tradng Ltd in a bid to raise the profitability of farming and living standards of farmers in rural Peru.

The Peru Cocoa Alliance will pursue an innovative approach to development in Peru. The Alliance intends to procure $60 million of capital from local and international socially responsible investors to promote and finance the expansion and marketing of cocoa and other crops in three formerly coca-growing regions in Peru - Huanuco, Ucayali and San Martin. It will integrate 23,000 small-scale agricultural entrepreneurs into sustainable value chains by instilling good agricultural practices and environmental protection initiatives. GeoTraceability Ltd will implement its solutions of mapping and data collection for over 26,000 ha of new plantations of cocoa. GeoTraceability is very proud to be partner of the Peru Cocoa Alliance. Over the next 4 years, GeoTracebility will train and empower local people to use its cutting edge technology.

GeoTraceability is partnering with various stakeholders to promote friendly practices on cocoa farms through large-scale data collection and farmer training

GeoTraceability Ltd is partnering with International Finance Corporation, Armajaro Trading Ltd, Bioversity International, Source Trust and, through Ghana Cocoa Board, Ghanaian cocoa farmers to improve farming practices that integrate biodiversity-friendly practices. Through a 18 months project, we’re developing a field biodiversity assessment methodology that will be applied to the farms of 4,000 Ghanaian cocoa producers with data collection on farm size and shape, agricultural practices and biodiversity indicators in order to promote biodiversity-friendly practices through appropriate training.

Visibility of Biodiversity data helps our clients to address consumer concerns such as food security, crop sustainability and environmental impacts. The data is used by our clients to develop training and mitigation programs to promote economic and environmental values to cocoa farmers.