Fair Trade finally reached a key-point; developments should be monitored. In May 2013, in fact, during the Annual General Meeting of the WFTO in Rio de Janeiro, it was approved the WFTO Guarantee System which enables the use of an organisation-based label on products. It promises to be an innovative, robust system combining well-tested components of existing systems (such as audits and self-assessment) with new components like a risk assessment and Peer Visits. This combination allows for a more cost-effective, sustainable system that also leaves room to grow Fair Trade practices. Learn more about the new system here.
Will the WFTO really work? Can we all learn from this? Could this be a lesson also for small farmer communities in developed Countries?
We will dig it.