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Podcast: The price of sustainability - $300bn

Published: 2020-03-26

WAKEFIELD – Katrin Ley from Fashion for Good and Catharina Martinez-Pardo from the Boston Consulting Group (BCG), the authors of a new report on what it will cost to meet the industry's sustainability goals, join Mike Schragger from the Sustainable Fashion Academy.

Entitled Financing the Transformation in the Fashion Industry, the report makes a case for the size of financial investment needed to develop the innovations required to meet key sustainability goals.

Ley and Martinez-Pardo explain how they estimated the amount of finance required at up to US$30 billion a year for 10 years, the barriers which currently prevent access to this capital, and the solutions that need to be implemented to overcome them.

Source:Eco Textile