Dramatic reduction of forest cover in Cote d’Ivoire and Ghana Cote D’Ivoire: Ghana 1900: 16 m ha 1900: 8.2 m ha 1990: 7,8 m ha 2000: 5,1 m ha 2015: 3,4 m ha 2012: 1.6 million COCOA AND FORESTS INITIATIVE The challenge Over 60% of forest loss due to agriculture expansion, amongst over 30% due to cocoa Map: WRI Global Forest Watch / Data sources: REDD+ National Strategy in Cote d’Ivoire

COCOA AND FORESTS INITIATIVE The initiative 16 March 2017 - Cocoa sector Collective Statement of Intent 35 cocoa companies commit to working together, pre competitively, to end deforestation and forest degradation, initially focused on Ghana and Côte d’Ivoire Nov. 2017 - COP23 in Bonn: Joint Framework of Action Joint Frameworks for Action for Ghana and Côte d'Ivoire. Convened and coordinated by IDH, ISU and WCF. Signed by Ministers of Ghana and Cote D’Ivoire and - on behalf of cocoa companies - by WCF Jan. 2018 - Round Tables in Ghana and Cote D’Ivoire Next steps in making the Joint Framework Actionable Dec. 2018 – Companies and governments deliver concrete plans of action High Level Meeting hosted by HRH The Prince of Wales in London on 16 March, 2017 Signing Ceremony of the Joint Framework of Action at COP 23 in Bonn, November 2017

Frameworks for Action - Highlights COCOA AND FORESTS INITIATIVE Frameworks for Action - Highlights Conservation of National Parks and forested land, as well as restoration of forests that have been degraded by human activities, in particular encroachment by cocoa farms among other factors. Sustainable intensification and diversification of income in order to increase farmers’ yields and livelihood, to grow “more cocoa on less land” and thereby reduce pressure on forests Engagement and empowerment of cocoa-growing communities. In particular mitigation of the social impacts and risks of land-use changes on affected cocoa farmers and their communities.

Frameworks for Action - Highlights COCOA AND FORESTS INITIATIVE Frameworks for Action - Highlights Measurement & Monitoring A transparent and credible to measure and monitor progress on Framework actions, incl. adoption of a transparent satellite-based monitoring system, with deforestation alerts Governance and Implementation The Cocoa and Forests Initiative governance set up to support the development of the Frameworks will continue operating, and will have the mandate to assist partners on the implementation of the action plan Technical Working Groups will be formed to develop guidance on key questions that are critical to the framework implementation.

Opportunities & Challenges COCOA AND FORESTS INITIATIVE Opportunities & Challenges Moving from 2/3 to 100% Industry-wide commitment Alignment with policies and legislation of producing countries Eg: Review of Cote D’Ivoire Forestry Code Financing the implementation of the Frameworks Actions agreed in the Frameworks will be funded primarily through the governments’ public expenditure programs and direct investment from signatory companies, with significant support expected from international development partners. Monitoring Progress A detailed monitoring framework will be developed in 2018 that includes: High resolution satellite imagery to detect changes in forests in near-real-time, High level and verified land use, environmental, and socio-economic performance indicators; and Annual publicly disclosed reporting on progress and outcomes related to the specific actions in the Frameworks. 

COCOA AND FORESTS INITIATIVE What’s next? All companies from the cocoa and chocolate value chain are invited to join the initiative and contribute to implementing the Frameworks for Action The Cocoa and Forests Initiative governance which has been set up to support the development of the Frameworks for Action will assist all partners on the implementation of the action plan. Role of Governments, companies and NGOs / Service Providers Signatory companies are developing individual action plans by end-2018 for public disclosure. Draft action plans will be shared with Government for feedback before being finalized. Technical Working Groups will be formed to develop guidance on key questions that are critical to the framework implementation. E.g. in Cote d’Ivoire, a Working Group on traceability will be put in place with the objective to 1) develop the action plan for 100% of cocoa sourcing traceable from farm to first purchase point; and 2) explore the feasibility of financial traceability.