Certified Coconuts - The economics of establishing a participatory guarantee system for organic certification in Cicia, Fiji
The Secretariat of the Pacific Community (SPC), in partnership with the Pacific Organic and Ethical Trade Community (POETCom), completed a two year pilot project in December 2014 to set up a Participatory Guarantee System (PGS) for organic virgin coconut oil (VCO) producers on Cicia, in Fiji’s Lau Group. The International Fund for Agricultural Development (IFAD) funded the project.
The Resource Economist of SPC’s Land Resources Division (LRD) conducted a cost-benefit analysis (CBA) of the project in January 2015 in order to evaluate its likely overall impact and estimate the benefits the project needs to deliver to offset its costs. This brief presents the key findings and recommendations from this CBA.