The true price of a Kenyan Rose is €0,95.
The true price is the market price of a rose which is €0,70 and the true cost is the social and environmental external costs of production, which for a Kenyan rose is €0,25.
Location: | Kenya |
Year: | 2015/17 |
Description: | The project True Price did for Hivos involved a calculation of the true price of a rose, which includes environmental and social costs. The social cost are mostly related to living wage gap: employee income below the living wage. |