World Fair Trade Day falls on Saturday 14th May 2022 and focuses on the theme of climate justice. An annual campaign founded by the World Fair Trade Organization (WFTO), this year’s message is ‘let's do it fair', encouraging people to reflect on the how climate change poses a more immediate threat for some world communities.
ACCESS TO FINANCE IS CRUCIAL
We believe access to finance is crucial in helping businesses become more resilient to the increasing challenges caused by climate change. Financial support is integral in increasing production, and providing farmers with the income needed to prepare their land effectively. As production increases, so does the amount of Fairtrade Premium paid, which benefits the wider community.
Elmer Sánchez, Founder and General Manager of Peruvian coffee co-operative CECAFE said: “The financial support provided by Shared Interest has allowed our co-operative to pay farmers on delivery of their coffee. We have also launched projects to strengthen the women’s committee, and supported new technology that helps the sustainability of the industry.”
BUILDING CLIMATE RESILIENCE
CECAFE is also working with our charity, Shared Interest Foundation, to increase crop resilience to the coffee borer beetle. Due to the impact of climate change, the tiny insect is thriving in warmer temperatures. The co-operative has produced a fungus in their onsite laboratory, which is mixed with water before being sprayed across coffee plantations.
You can read more about this project here.