Home
About Us
Fast fashion is here to stay, at least according to a new report from the European Commission, which notes that by 2050, the fashion industry is expected to be responsible for more than one-third of the world's greenhouse gas emissions.
The report, titled "Dressing the Future: Europe and the grounding of sustainability policies," notes that the fashion industry is one of the largest sources of greenhouse gas emissions, with an average annual growth rate of 7.31% between 2021 and 2025.
It also uses more than 92 million tons of waste and consumes 79 trillion liters of water per year, according to a press release.
"The European Commission carries out an important commitment to the sustainability of the textile and fashion sector," the report states.
"The fashion market is worth over 1.3 trillion euros and offers work to more than 290 million people in the world thanks to 'fast fashion,' which has led to an exponential growth in production, with around 100 billion pieces sold today, 400% more than 20 years ago."
The fashion industry is expected to triple by 2050, according to the report, which also states that by 2030, the fashion industry is expected to be responsible for more than half of the world's carbon emissions.
(Here's how fast fashion is helping the environment.)
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
People of color make up about 20% of Spokane County, Wash., but they own about 8% of the county's businesses, reports the Spokesman-Review. That's why the Spokane Workforce Council is...more
The New Brunswick Teachers Association is asking teachers and voters in the Canadian province to take a survey ahead of the next provincial election in September, the CBC reports. "We've seen a...more
The National Institute of Dramatic Arts in Australia is offering a master's degree in "ecoscenography"that is, "ecological design for performance," reports the Guardian. The program is the first...more
At least 31 trees in Ann Arbor, Mich., are being killed or damaged by natural gas leaks, according to a new report commissioned by the city. The report found that gas was damaging roots and the...more
A Tennessee law firm has changed its name in order to better reflect its role in the financial services, real estate, construction, and insurance industries. Puryear Pippenger & Cook, founded in...more
A company in Australia that processes up to 100% of e-waste has just secured $5 million in funding, making it the country's largest e-waste processor and the only one capable of diverting up to 100%...more
A new $100 million fund aims to make a positive difference in the world's food and water supply. The Natural Ventures Fund I, a 10-year closed fund, is the first from a consortium of investors...more
"There are few people as informed about the latest state of AI developments and its level of adoption in financial services, who have also sat shoes in the shoes of investment managers and asset...more
One of the world's most popular electric-vehicle ride-hailing services is getting a big boost from one of India's most famous sons. Mahendra Singh Singh Jaggi, former captain of the Indian...more
Sweden's Trill Impact has made its first venture fund a success with the final close of its $90 million fund. The fund, the first of its kind in Europe, was backed by institutional investors...more
Social Entrepreneurship
Spotlight
Boost for Prison Entrepreneurship Program Extending its Reach in the Northwest UK
Entrepreneurs Unlocked, a Bolton-based social enterprise, has received National Lottery funding to expand its mentoring program to 200 prison inmates in the Northwest.
