Circular Economy in Fashion: Global Policies and Challenges
Fibre2Fashion
![Fibre2Fashion]()
Fibre2Fashion
Empowering Businesses with Intelligence, Insights & Networking. #Fibre2Fashion
The fashion industry's linear model leads to excessive waste and pollution, urging a shift towards circularity. Global initiatives like Textiles 2030, EU's circular textile strategy, and national policies in India and Vietnam aim to foster sustainable practices but face challenges. The transition demands global cooperation to ensure a sustainable shift.
In fashion, a circular economy means designing clothes to last, encouraging repair and reuse, recycling textile waste, establishing closed-loop systems, innovating with sustainable materials, and promoting collaboration and transparency across the supply chain. It's about minimizing waste, maximizing resource efficiency, and moving towards a more sustainable future for fashion. Autify Network utilizes the characteristics of blockchain technology, such as immutability and tamper-proofing, to address supply chain/retail issues on a global scale. The use of blockchain technology ensures customers have access to accurate and reliable product information while promoting sustainability and responsibility in the industry.
Cooperation is key, we all need to be pulling in this (circular) direction!