Pakistan, May 21 -- A new report has raised alarms over the growing threat climate change poses to the global chocolate industry, with the European Union particularly at risk due to its heavy reliance on vulnerable cocoa-producing countries. According to UK consultancy Foresight Transitions, the EU imports nearly 97% of its cocoa from nations poorly prepared for climate change and 77% from areas suffering biodiversity loss.

The report, commissioned by the European Climate Foundation, analyzed trade data alongside environmental readiness scores and found that cocoa is the most exposed of six key food commodities, including coffee, soy, rice, wheat, and maize. It warns that cocoa farming, mostly in West Africa, is under pressure from risin...