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Starbucks has purchased two more coffee plantations to combat climate change

Picture: Kevin Dietsch (Getty Images)

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As the effects of climate change continue to impact many countries around the world, Starbucks (SBUX) is committed to protecting its coffee supply from natural disasters.

The coffee giant says it has invested in two more coffee plantations in Central America. The first coffee farm is in Guatemala, while the company has opened its second farm in Costa Rica. The two farms will help farmers increase their profits and strengthen their climate resilience, the company said said in a press release.

Starbucks, which buys about 3% of the world's coffee supply, has faced increasing pressure in recent years due to climate extremes. Climate change has severely affected the quality of coffee production for companies and farmers.

“Through these innovation farms, we will develop solutions that not only improve coffee productivity and quality, but also equip farmers with the tools and knowledge they need to succeed in a changing world and a challenging climate,” said Roberto Vega, Vice President of Global at Starbucks Coffee Cultivation, R&D and Sustainability in the statement.

Starbucks purchased its first 240-acre coffee farm at Hacienda Alsacia in Costa Rica in 2017. According to a, the farm serves as an international global research and development facility and a working farm for the coffee company separate press release.

The company says the new Guatemalan farm in the Antigua Valley will “recreate” a small farm with conditions that “reflect the challenges” many farms face in today's climate.

Meanwhile, the Costa Rica farm will explore the use of drones along with other technologies to address labor availability challenges faced by farmers across Latin America.

Starbucks' commitment to preserving its coffee supply dates back to 2017 – when the company announced it planned to plant approximately 100 million coffee trees by next year.

The company says It has distributed around 90 million “climate-resilient” coffee trees and more than 53 million coffee sprouts to local farmers.

Starbucks also announces that it has plans to purchase two additional farms in Africa and Asia.