World Fair Trade Day 2022: History, Theme, Significance and What is Fair Trade Day

World Fair Trade Day 2022: World Fair Trade Day is observed annually on the second Saturday of May. In 2022, the World Fair Trade falls on May 14. This day highlights the importance of small-scale producers and their contribution to the fair trade movement. This day also showcases how crucial involvement small-scale producers have in healthy and sustainable communities globally.

🌟Mitra Bali Indonesia and the global community of Fair Trade Enterprises are joining the global action for Climate Justice to celebrate World Fair Trade Day 2022! 🙌Join the photo action to raise awareness on #ClimateJusticeNow! https://t.co/Jxkm0bntcE pic.twitter.com/mKquSN30Ro

— World Fair Trade Organization (@WFTO_FairTrade) May 9, 2022

What is Fair Trade?

Fair Trade is a trading practice and partnership that ensures that human rights, and fair pay for goods and services are being practised judiciously.  Fair Trade also supports the fight against economic crisis, inflation, poverty, gender inequality, and more. This day also ensures fair and ethical practices on the part of the consumers. 

World Fair Trade Day 2022: Date

This day is observed on the second Saturday in the month of May. This year it falls on May 14.  

World Fair Trade Day 2022: Theme

The theme chosen for World Fair Trade Day 2022 is Climate Justice Now! #LetsDoItFair. 

Source: wfto.com

History of World Fair Trade Day

In 2004, World Fair Trade Day was established by the World Fair Trade Organization (WFTO).

WFTO is a global organisation involving 324 organizations in over 70 countries, and Fair Trade Day takes place on the second Saturday of May of each year. 

The World Fair Trade Organisation firmly believes that the global crisis can be combated with a fair and sustainable economy locally and globally. 

Trade must benefit the most vulnerable and deliver sustainable livelihoods by developing opportunities for small and disadvantaged producers. Millions of producers and traders, businesses and policymakers, supporting organizations and volunteers have contributed to the substantial growth of Fair Trade globally.

Why Fair Trade is Important?

• It supports reduction in greenhouse emissions and climate stability. Thus it is environmental friendly.
• It ensures that farmers are getting a fair income.
• Farmers who practice Fairtrade become efficient entrepreneurs. 
• Robust and resilient supply chain.
• Helps in building a fair and ethical world.