Apparel emissions could fall 50% in China with $40.8b investment

Over 40,000 suppliers are ready to take action now.

China is in a strong position to lead the apparel industry’s push to cut emissions by 50% by 2030, according to a new report from the Apparel Impact Institute (Aii) and Development Finance International Inc. (DFI).

The report finds that China’s large textile footprint, renewable energy capacity, and network of over 1,300 industrial parks housing 11,000+ enterprises create immediate opportunities for decarbonization.

More than 40,000 suppliers have the scale and data to take action now.

Achieving the emissions target will require $$40.8b in investment.

Current international financing is limited by complex requirements and high interest rates.

The report calls for new financing models, expanded local technical support, and integrating low-carbon planning into business strategies.

Industrial parks could serve as hubs for coordinated decarbonisation and replication of pilot projects.

The report calls for scaling local financing, supporting supplier readiness, and building collaborative infrastructure to deliver results.”