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The international fashion industry is a key contributor to climate change and environmental harm. While going green is a complex and costly effort for fashion suppliers, especially in developing countries, the circular transition can also offer new business opportunities in sustainable markets driven by more conscious consumers’ demands and cost savings due to efficient resources management.

However, to succeed, suppliers and sellers require support from their business support organisations and policymakers. Trade can play a crucial role in making fashion more sustainable by helping them access technology, skills and green markets for their products and services.

The International Trade Centre (ITC) and its GreenToCompete initiative have a track record in activating micro, small and medium enterprises (MSMEs) in traditional sectors to go green and supporting policymakers to transform trade and investments in a conducive manner to developing countries.

Based on such experience, the session will serve as a platform for dialogue where representatives from the private sector ecosystem will explore ways to accelerate the ecological transition of the fashion industry. The panelists will also reflect on the potential for the “UN Fashion Industry Charter for Climate Action” to amplify best practices and offer tools to achieve the targets set in the Paris Agreement.

Ultimately, the event will call for delegates at COP26 to count on MSMEs as be powerful agents for the green change as far as avenues are established for them not only to “be” good businesses, but also to “do” good business.
Webinar is over, you cannot register now. If you have any questions, please contact Webinar host: Cherika Hardjakusumah.