Rising Coffee Prices Due to Climate Change
Coffee prices have reached a 40-year high due to extreme weather and climate change, with major producers in Brazil and Vietnam struggling with severe droughts.
Key Points
- Coffee prices at a 40-year high.
- Major producers facing severe droughts in Brazil and Vietnam.
- Climate change impacting coffee production and prices.
Pros
- Increased awareness of the impact of climate change on global supply chains.
Cons
- Higher prices for consumers.