Subscribe Commodities European governments and legislators urged to help cocoa farmers as prices continue to fall in West Africa By Anthony Myers Fairtrade urges EU to implement regulation to recognise the right to living income in cocoa sector in any forthcoming human rights due diligence regulation, as European Cocoa Association calls for an ‘enabling environment’ across the industry. The drop in price comes after the governments of Côte d’Ivoire and Ghana, which produce two-thirds of the world’s cocoa, implemented a Living Income Differential (LID) of $400 per tonne on all cocoa purchased from farmers from October 2020. Fairtrade said the LID is intended as a step toward a living income for cocoa farmers, recognising that low global cocoa prices have historically trapped farmers in poverty.