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.)
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