Since its launch at the Copenhagen Fashion Summit 2017, 90 companies, representing 12.5 per cent of the global fashion market, have signed the 2020 Circular Fashion System Commitment and committed to focus on four key areas of circular fashion: design, collection, reuse and recycling. As of June 2019, participating companies have collected two million pieces and 20,000 tonnes of used textiles and footwear and have trained more than 2,500 employees on circular design principles.
Senior business manager of Global Fashion Agenda, Tommy Petersen attended the award ceremony in New York along with representatives from the four other award winning partnerships being honoured. Tommy presented the 2020 commitment to an audience of high-level government and corporate attendees.
P4G recently announced the selection of 7 Scale-Up Partnerships for 2019. The initiative will provide $4.5 million to fund and accelerate innovative solutions to drive green growth and climate action in developing countries, including Bangladesh, Colombia, Ethiopia, Kenya, India, Indonesia, and Zambia.
Fibre2Fashion News Desk (PC)
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