6 Feb 2017 Final preparations are underway for Fairtrade Fortnight from 27 February - 12 March, celebrating a movement to reduce inequality for workers “On top of the purchase price for the raw product, producer organizations receive a Fairtrade Premium for sales on Fairtrade terms. This amount is paid directly to Among the concerns are that the premiums paid by consumers are not going directly to farmers, the quality of Fair Trade coffee is uneven, and the model is The Premium is the additional sum of money paid on top of the Fairtrade Minimum Price that farmers and workers receive which can be invested in social, Fairtrade is the only certification scheme that offers such a safety net for farmers and workers. THE FAIRTRADE PREMIUM. As well as the Fairtrade minimum price, Fairtrade is the only certification scheme that offers this unique minimum price protection for farmers. Fairtrade Premium. Over and above the Fairtrade price, the Thanks to funds from the Fairtrade Premium generated through certified banana sales, the United Workers' Foundation at the Don Marce Banana Company
Fairtrade Premium income is often used for projects in the communities, thus benefitting the wider population and having an impact that extends beyond the Among ethical labels, FLO- CERT is the only ISO 65 accredited certification body. Fairtrade price floor and premiums. The Fairtrade International document “
Fairtrade Premium (FP) Fairtrade Premium is an amount paid to producers in addition to the payment for their products. The use of the Fairtrade Premium is restricted to investment in the producers’ business, livelihood and community (for a small producer organization or contract production set-up) or to the socio-economic development of the workers and their community (for a hired labour situation). Also the optional prefinancing for specific purchases is a key aspect of the system. Moreover, it means that the involved people receive a so-called fair trade premium. This is a special payment whose price is reviewed on a regular basis. Concerning our partner for fairly traded natural rubber – A component of trade is the social premium that buyers of fair trade goods pay to the producers or producer-groups of such goods. An important factor of the fair trade social premium is that the producers or producer-groups decide where and how it is spent. The premium is paid by buyers on top of the agreed price which is always at least, and often more than, the Fairtrade minimum. This minimum is calculated to ensure that income from the crop always covers the cost of production. Fair Price Fair Trade guarantees farmers a reasonable minimum price for their crops, no matter how low the market price falls. Buyers promise to pay producers promptly for their goods, and producers promise in turn to pay a fair wage to all their workers. Buyers also extend credit to their producers – for instance, Fair trade is an approach to business and to development based on dialogue, transparency, and respect that seeks to create greater equity in the international trading system. Fair trade supports farmers and craftspeople in developing countries who are socially and economically marginalized.
Fair Price Fair Trade guarantees farmers a reasonable minimum price for their crops, no matter how low the market price falls. Buyers promise to pay producers promptly for their goods, and producers promise in turn to pay a fair wage to all their workers. Buyers also extend credit to their producers – for instance,
The Premium is the additional sum of money paid on top of the Fairtrade Minimum Price that farmers and workers receive which can be invested in social, Fairtrade is the only certification scheme that offers such a safety net for farmers and workers. THE FAIRTRADE PREMIUM. As well as the Fairtrade minimum price, Fairtrade is the only certification scheme that offers this unique minimum price protection for farmers. Fairtrade Premium. Over and above the Fairtrade price, the Thanks to funds from the Fairtrade Premium generated through certified banana sales, the United Workers' Foundation at the Don Marce Banana Company