fair-trade

From Gold Medals to Fair-Trade Cotton

Topics: Trade, Economic Development
Countries: Mali

Social entrepreneur Steven Redgrave gained renown by winning gold medals in rowing in five consecutive Olympics from 1984 to 2000. After retiring from competition, Redgrave was knighted in 2001, launched a line of men’s leisurewear and started a charitable trust focusing on educational and social needs in the UK.

In 2005 he visited Africa, and was moved to action by the poverty he observed. With the help of a major British retailer, Redgrave relaunched his clothing line, FiveG (short for "Five Gold"), as a 100-percent fair-trade enterprise.

In this video diary, produced by Fairtrade Foundation, we follow Redgrave as he visits a rural farming community in Mali that produces cotton for his products.

Thanks to fair trade, not only do these rural farmers receive a higher wage, but their community as a whole benefits as well. The video explains how the community receives what is called a "social premium" that is used for community development projects, including a new health center and a primary school.

For an in-depth look at fair-trade cotton, check out this analysis from the Center for Strategic and International Studies in our archives.


Breaking News

Head of State Inaugurates 'Water for All' Project

All Africa - Wed, 08/27/2008 - 07:37
Angolan Head of State, José Eduardo dos Santos will this Wednesday inaugurate in Kabiri commune, northern Bengo province, the "Water for All" project, an initiative of the central government that was approved last June, ANGOP learnt.

Domestic Workers Driven to Suicide

Los Angeles Times - Wed, 08/27/2008 - 10:03
More and more immigrant housemaids are dying every week in Lebanon. Some commit suicide or die trying to run away from their employers, an international human rights organization reported Tuesday.

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International Herald Tribune - Wed, 08/27/2008 - 21:57
China wants to increase employment in labor-intensive industries because the demand for jobs in the world's most populous nation exceeds supply by about 20 million a year.

Over 40,000 Flood-Displaced Face Mounting Challenges

IRIN News - Wed, 08/27/2008 - 16:44
Over 40,000 people have been displaced by flooding in Nepal's Sunsari District, 500km southeast of Kathmandu, according to the Ministry of Home Affairs (MOHA), and aid agencies say they and the displaced are facing mounting challenges.

Voluntary Standards and the Resource Curse

Policy Innovations - Tue, 08/26/2008 - 11:56
In this TED talk, economist Paul Collier explains how the alliance of compassion and enlightened self-interest can help change the divergent course of the world's bottom billion poorest people, drawing lessons from postwar Europe, democracy and the resource curse, and voluntary international standards.

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