Seizing the opportunities of a circular economy in textiles
By Henrique Pacini, Economist, UNCTAD The global textiles market is estimated at around $1.4 trillion, and employs over 300 million people, especially in developing countries like Bangladesh, Brazil, China, India, Pakistan and Turkey. While socially important, the textile industry is a major source of pollution and waste. It’s characterized by overproduction and overconsumption of low-cost clothes, often produced […]