Extreme weather events are causing coffee prices to soar, impacting farmers and consumers alike. Over the past year, coffee prices have more than doubled due to rising temperatures and erratic rainfall in key coffee-producing regions. The situation is dire, with reports indicating that 2024 was the hottest year on record. This trend is likely to continue, leading to further volatility in food prices.
• Coffee prices have risen by 103% in the last 12 months.
• Climate change is reducing land suitable for coffee cultivation by over 54%.
• Small-scale farmers in countries like Brazil, Ethiopia, and Vietnam are particularly vulnerable.
• The coffee industry contributes significantly to greenhouse gas emissions, complicating the crisis.
The implications of this crisis are significant. As farmers struggle, the cost of coffee will likely increase, affecting consumers and businesses. Without support for farmers, the future of coffee production is uncertain, threatening livelihoods and the global coffee supply chain.
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