Together with our partners, we aim to reduce CO₂ emissions and contribute to a better life for people in developing countries who are most vulnerable to the effects of climate change.
FairClimateFund offers companies and individuals in the voluntary CO₂ compensation market carbon credits that are certified by the highest international standards: Gold Standard (established by the World Wildlife Fund among others) and the Fairtrade Climate Standard. The Fairtrade Climate Standard is a relatively new standard, developed by Fairtrade International and Gold Standard in cooperation with FairClimateFund, and is based on the following principles:
Fairtrade minimum price
The end user pays a minimum price for the CO₂ credits or Fairtrade Carbon Credits. This minimum price covers all costs of the project.
Local households own the Fairtrade Carbon Credits which they use to pay off their cooking stoves. Usually these revenues are for the merchant.
A premium is paid on top of the minimum price. This premium is managed by the local cooperative and invested in climate adaptation activities.
Bottom-up capacity building
Local communities initiate the climate projects themselves, provide training, and take care of the monitoring and maintenance.
Reduction of CO₂ emissions by end users
Buyers of Fairtrade Carbon Credits have a CO₂ reduction plan.
Watch the video below for more information about Fairtrade Carbon Credits: