Monday, March 05, 2007

Fairtrade seeks £50m investment


The Fairtrade Foundation has called on the UK government to lead the way in securing £50m to invest in its work over the next five years.

The foundation gave evidence to a House of Commons committee's inquiry into fair trade and development.

Its head, Harriet Lamb, said she needed the extra money to change attitudes, so that nobody would pay a farmer less for a crop than it costs to grow it.

The committee is also hearing from Starbucks and Marks & Spencer.

Ms Lamb told MPs: "In the first 10 years we've shown that the concept can work: it can work for the farmers and development, it can work for the market."

See full Article.