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Fashion Industry Faces $1 Trillion Financing Gap to Hit Climate Goals

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

Getting the fashion industry to net-zero emissions by 2050 is going to require some very deep pockets. According to a new analysis published Wednesday by the Apparel Impact Institute (Aii) and Fashion for Good, the current investment shortfall exceeds $1 trillion, a number that not only throws into relief the formidable challenge of transitioning to…

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