Global demand for coconut products is on the rise. There is an estimated 25% of projected growth in sales for coconut water alone in the next 5 years. The Caribbean region has tremendous potential to become a competitive actor on the global market. However, the Caribbean coconut industry lacks capacity to capitalize on this opportunity due to ageing plantations, vulnerability to pests and diseases, and lack of incentives to invest in the sector.
The International Trade Centre’s Alliances for Action, the Caribbean Agricultural Research and Development Institute (CARDI) and partners have been working since 2015 to facilitate alliances among actors at every step of the coconut value chain. Revival of the industry will increase food availability and incomes of small-scale farmers through improved competitiveness of the coconut sector.
Phase I of the Development of the Coconut Industry for the Caribbean project has catalyzed investment and ramped up productive and commercial capacity amongst beneficiaries. It has improved value capture and productive and governance capacities.
Phase II aims to replicate the successful partnerships model across the Caribbean region and scale up impact through the Alliances for Action model by adopting an inclusive and participatory approach.
This initiative is part of a CARIFORUM / OACPS programme financed by the European Union.
institutions in the coconut sector;
Alliances for Action’s 5-pillar approach engages smallholder farmers and MSMEs to manage risk and facilitate networks that provide technical expertise, build capacity, and target catalytic investment to address systemic challenges.
Antigua and Barbuda, Barbados, Belize, Dominica, Dominican Republic, Grenada (Phase II), Guyana, Jamaica, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago
Phase I: 2015 – 2018
Phase II: August 2019 – July 2023