In Q2 2023, the EU's GHG emissions fell to 821 million tonnes CO2-eq. Despite this, the EU's gross domestic product remained stable with a minimal 0.05 per cent change. Manufacturing and gas supply
2024-11-01read more >
China recorded the highest annual electricity consumption growth at 6.92 per cent from 2016-2021, reaching 78,05,656 million kWh in 2021. India followed with a 4.43 per cent growth. The US, with a modest
2024-11-01read more >
Global leaders are convening at COP28 in the UAE to address climate issues. Central topics include the environmental impact of various industries including textiles, particularly emissions and pollution.
2024-11-01read more >
Adhering to Environmental, Social, and Governance (ESG) compliances is increasingly becoming crucial, especially in the wake of the EU and the US regulating their textile and apparel imports. In the
2024-11-01read more >
The textile industry is witnessing a transformative shift towards sustainability through innovative practices like carbon recycling, which can be used in the production of fibres like polyester. The
2024-11-01read more >
A new partnership between Turkiye and WRAP aims to boost Turkiye's textile industry in the US market, focusing on sustainability standards. Despite exiting the US Generalized System of Preferences in
2024-11-01read more >
UK is facing challenges in its textile recycling sector due to inadequate infrastructure, leading to reliance on exporting used clothing, mainly to African and Asian countries. However, these countries
2024-11-01read more >
UN is drafting a global charter to mitigate plastic waste, holding countries accountable for plastic disposal. Despite the surge in plastic production and low recycling rates, this initiative seeks collective
2024-11-01read more >
The major markets for modal fibre in China, India and Pakistan have shown divergent pricing trends. Recently, China traded modal fibre at $2.89 per kg, India at $2.51 and Pakistan at $3.20. Prices
2024-11-01read more >
The European Union reported a 4 per cent decrease in greenhouse gas emissions in Q4 2023, down to 897 million tonnes of CO2-eq, despite a stable GDP with a 0.2 per cent increase....
2024-11-01read more >
Prime minister Sheikh Hasina asked all concerned to build waste management system while constructing industries for environment-friendly industrialisation to save the country...
2024-11-01read more >
The UK has overachieved against three consecutive carbon budgets and halved emissions since 1990. The country will not carry forward surplus emissions cuts from the past...
2024-11-01read more >
The European Council has adopted the electricity market reform, allowing EU consumers to enjoy more stable energy prices, less dependence on the price of fossil fuels and...
2024-11-01read more >
The European Commission has cleared a $4.34-billion French scheme to support measures to reduce greenhouse gas emissions in manufacturing. The aid will take the form of...
2024-11-01read more >
The European Council has adopted the net-zero industry act to strengthen Europe's net-zero technology manufacturing. The regulation simplifies permits, enhances workforce...
2024-11-01read more >
The European Council has adopted a regulation under the 'Fit for 55' package to track and reduce methane emissions. It mandates measuring, reporting, and verifying emissions,...
2024-11-01read more >
The European Council has adopted the ecodesign regulation, setting stringent sustainability requirements for all products in the EU. This regulation mandates product durability,...
2024-11-01read more >
The European Council has adopted the corporate sustainability due diligence directive, imposing obligations on large companies to monitor, prevent, and remedy human rights...
2024-11-01read more >
European Council has adopted the right to repair (R2R) directive, facilitating easier, cheaper, and faster repairs. This legislation incentivises manufacturers to create...
2024-11-01read more >
The WBG and the IMF are strengthening cooperation to address climate change. They'll aid countries in developing climate strategies, focusing on policy reforms and investments....
2024-11-01read more >
Over 450 textile and RMG factories in Bangladesh under IFC-led programme 'Partnership for Cleaner Textile' reduced freshwater consumption by 35 billion litres and cut wastewater...
2024-11-01read more >
Vietnam's rank rose by five spots in the Southeast Asia's Green Economy 2024 index released by Bain & Company, GenZero, Standard Chartered and Temasek. Though it has set...
2024-11-01read more >
EU regulations on waste shipments and textiles will be more effective if they are backed by capacity-building measures for producers in EU textile trading partners like India,...
2024-11-01read more >
Global clean energy investment is set to nearly double fossil fuel spending in 2024, driven by better supply chains and lower technology costs, as per an IEA report. Total...
2024-11-01read more >
EU nations invested an estimated $73 billion in 2023 into assets to offer environmental protection services. These included wastewater treatment plants, waste transport...
2024-11-01read more >Copyright © 2024 SBS Corporation All Rights Reserved.