DUBLIN – A new report from Fashion for Good and the Apparel Impact Institute (AII) released here at the Textile Exchange event in Dublin estimates an investment of around $1 trillion will be needed to finance the textile industry’s transition to net zero by 2050.
The newly released report charts a trajectory to meet this net-zero ambition and identifies levers across existing industry solutions, such as renewable energy, phasing out coal and next generation raw materials that it says will be crucial to decarbonise fashion.
