Industry calls on governments for trade policy to incentivize the use of environmentally preferred materials.
Nov 08, 2021
At COP26, over 50 fashion and textile companies back Textile Exchange’s request for policy to incentivize the use of environmentally preferred materials
- Over 50 brands, suppliers, retailers, NGOs, and industry associations are supporting a request to governments for trade policy to incentivize the use of environmentally preferred materials.
- Presented by Textile Exchange at COP26, the request calls for preferential tariffs on materials like organic cotton and recycled fibers.
- Using trade policy to incentivize better practice in raw materials sourcing would be a ground-breaking use of legislation to level the playing field for fashion and textile companies looking to lower their environmental impacts.
- The request supports Textile Exchange’s aim to accelerate progress towards its industry goal of a 45% reduction in greenhouse gas (GHG) emissions from textile fiber and material production by 2030, in line with the Paris Agreement.
This makes good sense to me 💯👍🏽...
Read the full press release from Textile Exchange here.