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All Indian Players Regardless of Size, Scale Should Take Part in Decarbonisation Journey

All Indian Players Regardless of Size, Scale Should Take Part in Decarbonisation Journey
Mission Decarbonisation Significant investment in renewable energy and energy efficiency interventions are required to reduce the absolute emissions of the fashion industry by 50% by 2030, the target set forth by the Fashion Industry Charter for Climate Change, which is operated under the United Nations Climate Change Secretariat. Representing 13% of total industrial output, India represents one of the apparel and footwear industry’s most important frontiers for decarbonisation to keep global warming within the necessary 1.5°C range. Sharath G / pexels
Publication:
Dated Published:
  • 14 November 2024
Last Modified:
  • 14 November 2024

A just-published Apparel Impact Institute (AII) report named India as a crucial region for impactful decarbonisation interventions and outlined solutions for mobilising sustainable financing, stating that with the right monies, manufacturing can play a key role in meeting the country’s climate targets, especially the emissions-intensity target of 45% below 2005 levels by 2030. texfash talks to AII President Lewis Perkins to learn how India’s apparel manufacturers are pursuing decarbonisation and how it can be financed at scale.

Read the original story on texfash.