Designing Investment Mechanisms to Finance Climate-Smart Cocoa in the Ghanaian Cocoa Sector

19 April 2017 - Accra, Ghana

The Designing Investment Mechanisms to Finance Climate-Smart Cocoa in the Ghanaian Cocoa Sector workshop, hosted by Rainforest Alliance, Rabo Investment Advisory Services, and Convergence, aimed to design investment mechanisms that will enable climate-smart lending through local financial institutions and value-chain intermediaries. This workshop is part of a Convergence Design Funding grant to the Rainforest Alliance that aims to build the business case for climate-smart agriculture investments and design innovative financing mechanisms to finance climate-smart practice adoption in the Ghanaian cocoa sector. The grant activities build on the milestones of CGIAR’s “Climate Change, Agriculture and Food Security” (CCAFS) flagship project which focuses on developing and mainstreaming climate-smart strategies in the cocoa value chain. During the workshop, the Rainforest Alliance and its partner, Rabo International Advisory Services (RIAS), presented the first results of the research conducted and workshop participants were given the opportunity to provide feedback and discuss concrete investment solutions. Conversations were geared towards the design of climate-smart lending products, finance delivery mechanisms, enabling environment, and large-scale blended investment solutions. The workshop was supported by CGIAR, Root Capital, and The World Cocoa Foundation.