Nestlé will give 1 billion dollars to fight the effects of climate change
To deal with the impact of climate change, big companies from different countries worldwide have started taking various steps. Nestlé, the world’s largest coffee producer, is not far behind. Nestlé plans to invest $1 billion in the climate sector by 2030.
The company’s coffee brand will use to connect farmers with more sustainable production methods and produce climate-resilient coffee.
Nestle has undertaken several schemes for coffee farmers. These include training on best crop cultivation practices and cash incentives for farmers to encourage climate-friendly farming.
Such as covering the coffee tree seedlings to protect the soil of the land, etc. At the moment, more than 500,000 farmers around the world grow coffee for Nestlé.
Nestlé expects to double this number. Though the task seems challenging, the number of suppliers might increase by at least 0.2 million for now.
Because the supply of coffee seeds has been negatively affected by climate change, this crop grows best in equatorial regions. The region is most vulnerable to natural disasters such as droughts and cyclones.
According to data from the Inter-American Development Bank, the temperature in the coffee-growing region is gradually increasing due to climate change. As a result, it is losing its usefulness for coffee cultivation.
By the year 2050, the usefulness of coffee cultivation will decrease by at least 50 percent. Again in 2021, there was severe frost in Brazil, which harmed coffee cultivation. This situation might occur this year as well.
David Rennie, Head of Nestlé’s coffee business, said, “If we do not take appropriate steps now, there will be no more viable coffee farms in the next 20 to 30 years. That is why Nescafé is increasing efforts in coffee cultivation through various measures, including training farmers.”
The training focuses on improving soil fertility and quality, increasing crop production, and appropriately increasing water use.
Nestlé aims to bring one-fifth of Nescafé under modern coffee farming by 2025. By 2030, half of the coffee will cultivate with modern methods.
This approach includes developing and cultivating pest-free and climate-change-tolerant varieties. Through this, the farmer’s interest in production and cultivation will increase.