One of the most fundamental elements of Fair Trade is to provide support to disadvantage producers in developing countries (Asia, Africa . Fair trade sets environmental, economic and social standards for businesses and producers that include the protection of workers rights, and minimum price for the goods traded.
Fair trade provides producers with business skills that enable the producers to take their farmed products to market. An example is the product cocoa, which was manufactured into chocolate by the farmers and sold into their own home market. This allows producers to have control over the products they are producing, as well as introducing local products into the market, which creates affordable products for the local community to purchase.
Producers who are members of fair trade are also required to reinvest their profit into their business, therefore creating a self-sustaining system/ business. Fair trade also promises environmentally friendly processes that minimise CO2 emissions, and reduce plastic waste.
- Bangladesh; reusing waste of the fast fashion factories to create bags and home dé
- India and Sri Lanka; working with waste-picker groups to recycle plastic to make new bags, sunglasses, belt-buckles and bottles (including through a partnership with WFTO Associate, Body Shop).
- South Asia; turning discarded saris into new fashion items.
- Tanzania, Fair Trade Enterprises are cleaning up the beaches of Zanzibar to create furnishings and accessories, and helping refugees turn food sacks into baskets.