BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a58b390c0949 DTSTART:20241120T113000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20241120T123000Z LOCATION:Baku\, Azerbaijan SUMMARY:COP29 Trade and Investment House event: Decarbonizing the global te xtile value chains – trade policy and practical experiences CLASS:PUBLIC DESCRIPTION:The textile industry\, valued at $1.6 trillion in 2023\, is pro jected to reach $3.3 trillion in 2030.  This labor-intensive sector provi des huge employment opportunities\, with women constituting around 75% of the global workforce.However\, this energy-intensive industry also has sig nificant environmental and social impacts. It contributes to 2-8% of globa l greenhouse gas emissions\, consumes 215 trillion liters of water usage a nnually\, and accounts for 9% of annual synthetic microfiber pollution. Wh ile purchasing textiles and clothing has become more affordable with produ ction approximately doubling between 2000 and 2015\, consumer usage has de creased. Garments are worn 36% less than 15 years ago\, used 7-10 times be fore disposal.This results in $500 billion in lost value each year due to insufficient reuse and recycling. However\, doubling the average use of a garment could reduce GHG emissions by 44%. Global greenhouse emissions are also exacerbated due to international trade of two important aspects of n ew and second-hand clothing markets.First\, trade of secondhand textiles p oses environmental and social challenges that threaten this important reus e market\, especially in the global south. Second\, the lack of transparen cy about how textiles are produced\, including whether renewable energy or low-emission methods are used.This session will explore trade policy solu tions to decarbonize textile value chains\, addressing both new and second -hand garments\, and how governments are responding to the fast fashion tr end with policies aimed at reducing environmental harm while promoting sus tainable development in this industry.​AgendaModerator: Niklas Hagelberg \, UN Environment (UNEP)Chantal Line Carpentier\, UN Trade and Development (UNCTAD)Abid Qaiyum Suleri\, Executive director of Sustainable Developmen t Policy Institute (SDPI)Jesper Wohlert\, European Partnerships Director o f Humana People to PeopleYasmin Ismail\, Senior Policy Advisor\, Trade\, Climate &\; SDGs\, Forum on Trade\, Environment &\;  the SDGs (TES S) <\;p>\;The textile industry\, valued at $1.6 trillion in 2023\, is projected to reach $3.3 trillion in 2030. &\;nbsp\;This labor-intensiv e sector provides huge employment opportunities\, with women constituting around 75% of the global workforce.<\;/p>\;<\;p>\;However\, this e nergy-intensive industry also has significant environmental and social imp acts. It contributes to 2-8% of global greenhouse gas emissions\, consumes 215 trillion liters of water usage annually\, and accounts for 9% of annu al synthetic microfiber pollution. While purchasing textiles and clothing has become more affordable with production approximately doubling between 2000 and 2015\, consumer usage has decreased. Garments are worn 36% less t han 15 years ago\, used 7-10 times before disposal.<\;/p>\;<\;p>\; This results in $500 billion in lost value each year due to insufficient r euse and recycling. However\, doubling the average use of a garment could reduce GHG emissions by 44%. Global greenhouse emissions are also exacerba ted due to international trade of two important aspects of new and second- hand clothing markets.<\;/p>\;<\;p>\;First\, trade of secondhand t extiles poses environmental and social challenges that threaten this impor tant reuse market\, especially in the global south. Second\, the lack of t ransparency about how textiles are produced\, including whether renewable energy or low-emission methods are used.<\;/p>\;<\;p>\;This sessio n will explore trade policy solutions to decarbonize textile value chains\ , addressing both new and second-hand garments\, and how governments are r esponding to the fast fashion trend with policies aimed at reducing enviro nmental harm while promoting sustainable development in this industry.​& lt\;/p>\;<\;h4>\;Agenda<\;/h4>\;<\;p>\;<\;strong>\;Moder ator: Niklas Hagelberg\,<\;/strong>\; UN Environment (UNEP)<\;/p>\ ;<\;ul>\;<\;li>\;<\;strong>\;Chantal Line Carpentier\, <\;/s trong>\;UN Trade and Development (UNCTAD)<\;/li>\;<\;li>\;<\;s trong>\;Abid Qaiyum Suleri\,<\;/strong>\; Executive director of Sust ainable Development Policy Institute (SDPI)<\;/li>\;<\;li>\;<\;s trong>\;Jesper Wohlert\,<\;/strong>\; European Partnerships Director of Humana People to People<\;/li>\;<\;li>\;<\;strong>\;Yasmin Ismail\,<\;/strong>\;&\;nbsp\;Senior Policy Advisor\, Trade\, Clim ate &\;amp\; SDGs\,&\;nbsp\;Forum on Trade\, Environment &\;amp\; &\;nbsp\;the SDGs (TESS)<\;/li>\;<\;/ul>\;<\;p>\;&\;nbs p\;<\;/p>\;\n\nView meeting on unctad.org\nhttps://unctad.org/meeting/ cop29-trade-and-investment-house-event-decarbonizing-global-textile-value- chains-trade DTSTAMP:20260716T103352Z END:VEVENT END:VCALENDAR