What does fair trade mean for chocolate?
Fair trade chocolate is chocolate that is made with cacao beans from farmers who are paid a fair price for their crop, instead of the low price set by the market. Fair trade standards also ban forced labor and child labor and encourage environmentally-sustainable farming practices.
Does fair trade chocolate make a difference?
Fairtrade guarantees farmers a financial safety net, even when global cocoa prices decrease. In Côte d’Ivoire, the higher Fairtrade Minimum Price resulted in farmers earning more than $15.1 million more than what they would have with standard prices from October to December 2019 alone.
Why choosing Fairtrade chocolate makes a difference?
Fairtrade guarantees farmers a financial safety net, even if global cocoa prices go down. We are the only major certification label that guarantees farmers earn a price that supports costs of sustainable production, and we recently increased our Fairtrade Minimum Price by 20 percent.
What is Fairtrade explain?
Fair trade is an arrangement designed to help producers in growing countries achieve sustainable and equitable trade relationships. Specifically, fair trade is a trading partnership, based on dialogue, transparency, and respect, that seeks greater equity in international trade.
Why is fair trade important?
Fairtrade enables consumers to demand a better deal for those that produce our food. Through choosing Fairtrade consumers can demand the highest standards from business and government, ensuring people and planet are not exploited to create the products we enjoy.
How does a fair trade work?
Fair trade is when the price we pay for products such as food, drink, fashion and crafts, gives enough to producers to cover the cost of their products – and to have enough left over to invest in their farms, of businesses. It’s not just about survival, it’s about improving year on year and building resilience.
Why is buying fair trade chocolate Important?
Environmental Stewardship Not only is fair trade chocolate good for people, it’s also good for the planet. Equal Exchange, for example, works with farmers on small cocoa farms to develop sustainable harvests that preserve local habitats and increase biodiversity.
How is Fairtrade making a difference?
Fairtrade is gradually empowering communities to organise into cooperatives and improve their negotiating position within the supply chain. This can enable them to negotiate a higher price for their product than the conventional market price.
How do you explain fair trade to a child?
Fair trade is a way of buying and selling products that allows the farmers to be paid a fair price for their produce, and have better working conditions. Trade is ‘unfair’ when farmers receive very low income and have poor conditions while the companies that sell their products make lots of money from them.
What is the purpose of fair trade?
Fairtrade advocates for thriving farmer and worker communities that have more control over their futures. We stand in solidarity with producer organizations, without compromise, to our standards, prices, or vision to make trade work for everyone along the supply chain.
How do you explain Fairtrade to a child?
Why is it important to buy fair trade chocolate?
Fairtrade helps to make cocoa farming in places like Ivory Coast and Ghana more sustainable by guaranteeing minimum prices and providing a Fairtrade Premium to invest in local communities, so farmers can provide a better future for themselves and their families. Every time you choose Fairtrade chocolate, you are supporting farmers and their communities.
Is fair trade chocolate really fair?
There are too many chocolates that are not fair trade to list. Its really fantastic that you now wish to consume only “fairly traded” chocolate, however just because the chocolate company is fair trade certified , the chocolate is not necessarily so.
Why is chocolate part of fair trade?
Buying fair trade takes a stand for a system that treats everyone with respect. Chocolate should be oh-so-much more than candy. It’s a superfood packed with antioxidants and cardiovascular benefits, and studies show chocolate boosts energy, reduces stress, increases concentration and even improves maternal health.
What does fair trade in chocolate mean?
Fair trade chocolate companies on the other hand, are much more likely to import their chocolate from suppliers that have ethical working conditions and pay their workers fairly . Fair trade is important because you’re helping support companies that practice ethical working conditions and pay fairly.