A study from Harvard indicates that the current El Niño weather phenomenon poses a significant climate risk to global cocoa production. The event is currently developing and is expected to impact major cocoa-producing regions by altering precipitation patterns.
The phenomenon is projected to bring intense rainfall to the coast of Ecuador while simultaneously creating drier climate conditions in West Africa and Indonesia. These three regions are primary suppliers of the global cocoa market, making the synchronization of these weather events a critical concern for production stability.
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