Organisations’ MOU to build supply and demand for Fairtrade metals.
Fairtrade International and the World Jewellery Confederation (CIBJO) have signed a Memorandum of Understanding (MOU) to improve Fairtrade gold supplies for the jewellery market and encourage the integration of Fairtrade gold and precious metals into national supply chains.
The agreement was made at the 2014 CIBJO conference in Moscow last week, and was signed by CIBJO President Gaetano Cavalieri and Fairtrade International’s Fairtrade Gold coordinator Greg Valerio.
According to the MOU, Fairtrade commits to work with CIBJO and its member organisations to improve certified Fairtrade gold supplies to the jewellery markets and members of CIBJO-associated organisations, while CIBJO commits to facilitating and encouraging its members to adopt and integrate Fairtrade gold and precious metals into their national supply chains.
Greg Valerio said: “The strength of working with CIBJO is that they represent the rank and file of the international jewellery industry and this, alongside their UN consultative status, gives small-scale mining communities access to the grassroots of the international jewellery trade with the added benefits that Fairtrade certification can bring, and it’s a pleasure and a privilege being associated with them.”
As part of the agreement, CIBJO and Fairtrade will work together to provide measurable developmental impacts for small-scale and artisanal mining communities, and develop educational programmes for CIBJO members and the greater jewellery industry, aimed at informing them about Fairtrade precious minerals and certification and the contribution they are able to make in developing countries and regions.