Fair trade: Difference between revisions

    From Consumerium development wiki R&D Wiki
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    (* Fairtrade On Demand for the possible concept model )
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    ===See also:===  
    ===See also:===  
    * [[FLO]] - Fairtrade Labelling Organizations International
    * [[FLO]] - Fairtrade Labelling Organizations International
    * [[Fairtrade On Demand]] for the possible concept model
    * [[w:fair trade]] for more information.
    * [[w:fair trade]] for more information.

    Revision as of 13:19, 26 November 2003

    General definition of fair trade

    Fair trade means that the producer of the product gets a reasonable compensation, that is over the world market price, for her/his work.

    The fair trade compensation scheme tries to guarantee a compensation, which (roughly in order of importance):

    • covers production costs
    • is enough for sustained living
    • contains a premium enable investments
    • contracts are made for long periods of time to give economical security and possibility to plan ahead

    Fair Trade and Consumerium

    • FLO defines and audits the "fair trade"-labels and consumerium provides additional information (not present on the packaging at the moment) on how long the Point-of-Production and traders have been certified by FLO. This can be used to assess companies if the consumer wants to reward companies for taking risk in entering the Fair trade field early on. Also current and past breaches of fair trade regulations shall be stored and displayed if wanted by consumer.

    See also: