Côte d’Ivoire, the world’s leading cocoa producer, faces severe challenges from climate change, making sustainable agricultural practices more critical than ever. Advans Côte d’Ivoire is leveraging its expertise in micro financing in Africa and collaborating with international microfinance institutions to support cocoa farmers in adopting resilient agroecological practices, ensuring both environmental sustainability and long-term economic stability.

Côte d’Ivoire, the world’s leading cocoa producer, is a good example of how crucial promoting sustainable agriculture has become. Cocoa production is severely impacted by climate change: harvest campaigns are disrupted and delayed, and crops are sometimes damaged. In just one century, 90% of the forests in Côte d’Ivoire have disappeared, replaced by agricultural land, primarily for cocoa and cashew cultivation. This has impoverished the soil, weakened ecosystems, and exacerbated the impacts of climate change.

Therefore, Advans Côte d’Ivoire is firmly committed to supporting initiatives aimed at promoting environmentally friendly and socially responsible agriculture that enable farmers to better adapt to the challenges of climate change. In 2023, Advans Côte d’Ivoire signed a partnership with the Equité 2 Program, represented by Agronomes et Vétérinaires Sans Frontières (AVSF), to finance the agroecological transition of the cocoa sector.  

Through this partnership, which pilot deployment just started in 2023, Advans CI financed cocoa producer investments through two cooperatives to transform their plantations into more resilient Agroforestry Systems (AFS) in the face of climate change. 

Through partnerships like the one with the Equité 2 Program and targeted investments in Agroforestry Systems, Advans Côte d’Ivoire demonstrates how microfinance in Africa can drive financing climate change adaptation for smallholder farmers. These initiatives not only strengthen the resilience of the cocoa sector but also contribute to a more sustainable and inclusive agricultural future.

To go further, discover how Advans affirms its commitment to client protection, highlighted by the Silver Certification obtained by Advans Côte d’Ivoire