Governments around the globe are introducing policies for a more resource-efficient and circular economy to address the increasing demands on the environment by emissions, pollution, ecosystems degradation, and material use from economic activity. However, in many cases the potential of circular economy policies and business models remain untapped in international value chains. The textile sector is an important example, in which progress towards circularity has occurred, but real progress remains elusive. With the textiles sector being essential to deliver inclusive social and economic development in many countries, its implications for global environmental stressors, especially energy use, water usage and a strong reliance on synthetic (plastic) fibers puts the sector at the forefront of discussions around circular value chains.
As part of the 2024 Public Forum of the World Trade Organization, this session explores how trade dimensions could accelerate circular business models in textiles, such as by improving cross-border waste flows, strengthening waste definition criteria, customs procedures, product standards and labeling. Assuming that a circular textiles system can also maximize the benefits of trade in various dimensions, this session will discuss important policy dimensions conducive of trade in novel fibres, upcycling of post-industrial and post-consumer residues; trade-in-services enabling less water-intensive processes and data transparency in textile value chains.
Practitioners' voices, such as policy experts, leading businesses, and civil society actors in producing countries will highlight initiatives and opportunities to strengthen the circularity in the textile sector, focusing on improved design of environmental and trade policy.
Participation is in-person only and requires registration at the WTO Public Forum 2024.
Co-organizer(s):National Board of Trade Sweden, UNCTAD, UNEP, H&M, SMEP Programme, Chatham House, National Textile University (Pakistan)Sponsor / funding:UK-FCDO
