FashionDhaka urged for urgent steps to allay risks to...

Dhaka urged for urgent steps to allay risks to just climate transition

-

- Advertisment -spot_img



As the seventh most climate-vulnerable country, Bangladesh urgently needs to take adequate adaptation measures to mitigate risks of job losses, reduced competitiveness and heightened vulnerability to climate shocks, according to a report commissioned by Laudes Foundation and H&M Foundation.

The report, titled ‘Just Climate Transitions in Bangladesh—Accelerating Multi-stakeholder Action in Textile and Apparel and Construction Industries’, by mission-driven consulting firm FSG was released recently at the Just Transition Forum for Bangladesh in Dhaka. 

As the seventh most climate-vulnerable country, Bangladesh needs urgent steps to mitigate risks of job losses, reduced competitiveness and heightened vulnerability to climate shocks, a report commissioned by Laudes Foundation and H&M Foundation said.
A holistic approach is needed to decarbonise, build resilience and secure the long-term competitiveness of the textile and apparel sectors, it noted.

The textile and apparel, and construction sectors, together contribute 74 per cent of the industrial gross domestic product (GDP), 80 per cent of the workforce and are responsible for half of industrial emissions. These vital sectors are therefore critical to industry transition in Bangladesh, the report noted.

Pursuing just transitions presents a pathway for Bangladesh to protect its development trajectory, generating opportunities for business and the potential to create new, high-quality jobs and access to new markets, a released from the Laudes Foundation said.

It highlights the urgency for advancing just transitions identifying the opportunities for policymakers, industry leaders, financial actors, youth and civil society in Bangladesh as well as partners globally to take action.

A holistic approach is urgently needed to decarbonise, build resilience and secure the long-term competitiveness of the textile and apparel, and construction sectors while creating decent work opportunities, the report said, outlining strategies to ensure that the voices and lived experiences of workers are central to climate transition planning and implementation. 

Drawing on inputs from over 100 Bangladeshi and international stakeholders, the report presents ten scenarios: multiple potential futures that explore the entire spectrum of possibilities, positive and negative within both sectors.

Two scenarios—Green Forest (sustainable fashion with low unemployment and competitive markets) and Green City (low-carbon, climate-resilient construction)—showcase the full potential of industry transitions to protect industry competitiveness and resilience, create quality jobs and fair outcomes for workers and their communities. 

To fully realise the promise of these best-case scenarios, the report calls on industry, worker rights organisations, policymakers, development organisations, skilling providers, finance, and philanthropy to collaborate on developing new approaches and scaling existing sound practices.

Fibre2Fashion News Desk (DS)



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Chinese medical devices are in health systems across U.S., and the government and hospitals are worried

A popular medical monitor is the latest device produced in China to receive scrutiny for its potential cyber...

PM announces £200m Grangemouth site support fund

James DelaneyBBC Scotland NewsThe Scottish Labour leader Anas Sarwar told the BBC's Sunday Show the investment would pave...

Blue Jays’ Chris Bassitt serves fantasy football punishment during spring training game

Baseball fans have learned over the last few years that the players they cheer for take fantasy...

Donovan Munger, former Ohio State player who won national title, dead at 30

Donovan Munger, a former college football defensive lineman who played for the 2014 Ohio State national championship...
- Advertisement -spot_imgspot_img

Spending Over An Hour On Screens Daily? Study Links It To Increased Risk Of Nearsightedness, Check Here

New Delhi: Here comes another warning for those who love to spend hours on digital screens. According to...

Earth’s 1st Asteroid Mining Prospector Heads to the Launchpad

A private company is aiming to heave a microwave oven-size spacecraft toward an asteroid later this week, its...

Must read

New country album pays homage to Tom Petty

New country album pays homage to Tom Petty...

At least 10 shot dead as section of Kenyan parliament set on fire

At least ten people were shot dead in...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you