Regions including Asia, South America or parts of Africa that were previously too cool to grow cocoa may plant more trees and could possibly pick up the slack in the market. However, it's unlikely that they will be able to meet market demands, which are projected to increase 3 percent per year as they have for the past century, according to the WCF.
The switch to new regions will change the flavor profile of chocolate, which depends heavily on growing conditions. Such transitions are potentially worrisome for large corporations concerned about brand image and advertising.
These companies, desperate to retain their market shares, have implemented various outreach programs to help farmers, many of whom have left their rural villages in the hopes of finding better work in the cities.
"Businesses are worried about climate change," Emanuel said. "These guys are just trying to figure out what to eat for dinner at night as opposed to their livelihoods 20 years down the road."
Reprinted from Climatewire with permission from Environment & Energy Publishing, LLC. www.eenews.net, 202-628-6500