UTRECHT - Sustainable banking company Rabobank has agreed to invest in the Good Fashion Fund which aims to provide capital for sustainable solutions in fashion industry supply chains.
The financing from Rabobank means the Good Fashion Fund now has access to around US$19 million - close to a third of its target of US$60 million - to invest in factories in Asia.
The fund invests in the adoption of high impact and disruptive technologies and circular innovations in the textile and apparel production industry, particularly in India, Bangladesh and Vietnam.
