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Fair Trade = no poverty! WFTO promotes 10 Principles of Fair Trade #FairTradeBreaksPoverty

Culemborg, 26 September 2016 – This year WFTO observes Global Anti-Poverty Week (16-22 October 2016) by promoting the 10 Principles of Fair Trade as means to eradicate poverty as desired by the first goal of the 17 Sustainable Development Goals – NO POVERTY.

WFTO believes that the principles of Fair Trade are effective overarching tools to fight poverty.
Using the concept of ‘Agent for Change’ (Fair Trade as an agent for change), WFTO’s formula to eradicate poverty: Fair Trade + Economic Opportunities = No Poverty

Fair Trade is a tangible contribution to the fight against poverty, climate change and global economic crises. The World Bank reports that more than one billion people still live at or below $1.25 a day.1 The World Fair Trade Organization (WFTO) believes that trade must benefit the most vulnerable and deliver sustainable livelihoods by developing opportunities especially for small and disadvantaged producers. Recurring global economic crises and persistent poverty in many countries confirm the demand for a fair and sustainable economy locally and globally.

The World Fair Trade Organization (WFTO) is a global network of organisations representing the Fair Trade supply chain. Membership in WFTO provides Fair Trade organisations with credibility and identity by way of an international guarantee system, a place of learning where members connect with like-minded people from around the world, tools and training to increase market access, and a common voice that speaks out for Fair Trade and trade justice – and is heard.

WFTO prescribes 10 Principles that Fair Trade Organisations must follow in their day-to-day work and carries out monitoring to ensure these principles are upheld.

10 FT Principles