Projects Newforesight

Farmer Economic Model (finalized in 2015)

Strong data is vital to come to correct insights. The Farmer Economic Model, jointly developed by WCF and NewForesight, is focused on two main topics: determining a viable farm economy for cocoa farmers, and measuring the expected business impact of farm-level interventions. The model—which was independently assessed and recommended for investigating cocoa farm development by the chair of Agricultural & Resource Economics at the University of California, Berkeley— allows users to set a variety of farm-level variables to predict the impact of interventions on an individual farm’s business case 15 years into the future. This has provided an essential tool for improving interventions and for driving progress towards sustainability.

Solutions

Solutions

Economic modelling

Sectors

Sectors

Cocoa

Countries

Countries

Côte d’Ivoire, Ghana

Related projects

Related projects

Design of the CocoaAction strategy and organizational structure, Alignment with the upcoming CEN/ISO standard for sustainable and traceable cocoa, Development of the CocoaAction 5-year Roadmap, CocoaAction Results FrameworkCocoaAction M&E Guide, CocoaAction Primer, CocoaAction Community Development Manual, SDM ECOM Ghana, SDM Barry Callebaut CDI, SDM Cargill CDI, SDM Mars Indonesia