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3.2 Fairtrade Climate Standard

The Fairtrade Climate Standard’s objective is to generate climate finance opportunities, provide
information, enable the access to carbon market by producing Fairtrade Carbon Credits (FCCs) and
facilitate training to receive technical support. The Fairtrade Climate Standards are opportunities for
small-scale producers and rural communities.

The Fairtrade Climate Standard has been developed and is planned to be implemented together with the
Gold Standard. The Fairtrade Climate Standard is an add-on standard to Gold Standard certification. The
certification generates carbon credits created to be sold in the voluntary carbon market for those
interested in making a positive impact in climate and development. The collaboration between is to
create a carbon that is fair and ensure that Fairtrade producers and rural communities can benefit from the
adaptation measures and activities and take advantage of from the climate change mitigation. The projects
developed or enabled under the Fairtrade Climate Standards are broad and include renewable energy
efficiency projects and reforestation projects for reducing carbon emissions and capture carbon through
reforestation. Moreover, the reduction of carbon emissions must be accomplished not only by producers
from developing countries but also by the businesses and organizations that buy the Fairtrade Carbon
Credits.

Source: Fairtrade Climate Standards (Fairtrade International, 2019)

The standards promote transparency and equitable trade and for it establish requirements for a broad
range of stakeholders like producers, traders, project facilitators and buyers (Fairtrade International, 2015).

The Impact:

- Less risk and vulnerability.
- Access to basic services.
- Improve income and contribute for the well-being of producers.
- Reduction of carbon emissions.
- Fair and more sustainable carbon trading systems.
- Environmental sustainability and resilience to climate change.