Soaring demand for sustainable cocoa prompts World Bank to invest $55m
date:May 10, 2012
ulation claimed that Armajaro had purchased around 20% of European cocoa stocks which was said to have driven up prices to 33-year highs.


Drive for sustainable cocoa


The World Banks investment comes as demand for ethically sourced cocoa is growing.


Major confectioners such as Mars and Ferrero have both set targets to make chocolate and other products from 100% sustainable cocoa sources by 2020.
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