Coffee Producers Discuss Global Fund to Finance Poor Farmers

The project by Professor Jeffrey Sachs calls for investments of US$10 billion per year in poorer coffee communities, increased productivity and higher prices paid to producers.

SÃO PAULO, BRAZIL – The solution to low coffee prices on global markets may be the creation of a fund which would invest US$10 billion per year in poorer coffee communities, helping increase efficiency and productivity and improve health care and basic social services, said Jeffrey Sachs this week in Campinas, São Paulo.

Sachs, a public policy analyst and professor at Columbia University in the United States, told participants at the second World Coffee Producers Forum (WCPF) that one way to improve the overall prices paid to producers is to increase productivity and efficiency.

“(These) prices are okay . . .

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