Tuesday, 13 October 2015

New Fairtrade Climate Standard helps farmers

The new Fairtrade Climate Standard is an add-on standard to Gold Standard certification of carbon emissions reductions and sustainable development benefits. The standard enables producers to improve their resilience to climate change, while also making their own contribution to reducing emissions. Additionally, producers receive a Fairtrade Premium for each credit sold: money to support them in the fight against the impacts of climate change in their communities. The premium can then invested into projects to boost resilience e.g. planting climate resilient crops or shade trees or investing into food security. One such Fairtrade project aiming to get certified under the new standard is in Gimbi, Ethiopia, where women coffee growers have switched to energy efficient cookstoves.