Glossary

If you feel that the world of Fair Trade has its very own language – do not worry! With this glossary we would like to guide you through the specific technical terms used by FLOCERT, Fairtrade International and the World Fair Trade Organization (WFTO).

Cost of sustainable production (COSP)

The cost of sustainable production is the cost of producing a product sustainably and in a socially, economically and environmentally responsible way that conforms with Fairtrade Standards. The Standards Unit assumes that the COSP reflects sustainability.

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