CNBC: Despite El Nino, climate change and other factors impacting coffee prices, Illy's chairman & CEO, Andrea Illy, remains confident that coffee demand is on the rise.
Climate change is a threat to coffee production in the medium and long term, Andrea Illy, chairman and CEO of Italian coffee company Illy, told CNBC at the World Economic Forum in Davos on Friday.
"Coffee is one of the crops which is severely affected by climate change, which is a threat both in terms of too high temperature in some...