Fairtrade seeks to give people in developing communities the chance to better their lives through regular income, training and resources. This is achieved not via hand-outs but by ensuring the goods they produce and grow are sold at a guaranteed Fairtrade price. That means if the regular market price falls below this, producers and farmers can be sure they will receive the Fairtrade price as a minimum – in effect acting as a safety net. Producers and Farmers also receive the ‘Fairtrade Premium.’ This is an additional payment which must be invested in the community to benefit its members. Typically fairtrade premiums are spent on sanitation, education, electricity or healthcare.
The Fairtrade mark is the only UK certification scheme for fairly traded products and is awarded by the Fairtrade Foundation.