From Origin

Olam Coffee CEO Calls For Price Stabilisation Fund


According to Olam Coffee, the world’s coffee farmers will be left in a continual limbo unless industry and governments act fast to help them out of the current price crisis and provide future price stability as they face the impacts of climate change.

Speaking on International Coffee Day on October 1, 2019 and on the back of the London Declaration made by the sector following the CEO & Global Leaders Forum (CGLF) on September 23, 2019Olam Coffee CEO Vivek Verma explained:

“With farmers now in the second year of very low prices, the industry fully recognises the scope of what must be achieved under the London Declaration but we must act quickly. Critical is to find a way to give farmers a safety net that will also help them be resilient in the face of climate change.

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