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Fairtrade grows despite the downturn
According to figures from the Fairtrade Foundation, sales of fairtrade goods and services in the UK continued to grow in 2009 despite the economic downturn, exceeding £799m at retail, which was 12% up on 2008.
While this is great news, it needs to be viewed in the context
of increased hardship for many in the developing world. According to UN
figures, the global economic turndown has forced somewhere between 50
million and 90 million more people into extreme poverty in 2009.
Big
name brands are increasingly throwing their weight behind the fair
trade movement and today over 4,500 retail and catering products have
been licensed to carry the FAIRTRADE Mark, and independent consumer
label that appears on products as a guarantee that disadvantaged
producers are getting a better deal.
The FAIRTRADE Mark a
registered trademark of Fairtrade Labelling Organisations International
(FLO) of which the Fairtrade Foundation is the UK member, and which
licenses the use of the FAIRTRADE Mark in the UK on products which meet
international Fairtrade standards.
Unfortunately,
at present there are no precious metals, diamonds or other gemstones
that carry the FAIRTRADE Mark, but progress is being made in this area.
Ingle & Rhode sources fair trade gold from Oro Verde™ in
Colombia which is participating in a pilot project with the FLO to
establishing this certification of fairtrade gold.
We are
confident that Oro Verde™ will be given the FAIRTRADE Mark in due
course and proud to be supporting them on their pioneering journey to
achieving this.
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