$2.5 Billion Available to Fund Sustainable Practices in India, According to New Report

Apparel Impact Institute (Aii), in collaboration with Development Finance International Inc. (DFI) and with support from HSBC, published the Landscape and Opportunities to Finance the Decarbonization of India’s Apparel Manufacturing Sector report, outlining solutions for mobilizing sustainable financing to support the decarbonization of India’s textile and apparel industry. 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…

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