Bangladesh has enormous potential to become a pioneer in sustainable fashion, according to the International Chamber of Commerce-Bangladesh’s (ICCB) most recent Quarterly News Bulletin. The report emphasises the importance of recycling textile waste and fostering a market for second-hand clothing as key strategies to mitigate environmental damage while enhancing profitability in the garment industry.
As one of the world’s largest textile exporters, Bangladesh is already home to some of the most eco-friendly factories in the garment sector. Many of these facilities are recognised for their sustainable practices, serving as a model for the global textile and garment industry.
The ICCB report highlights that adopting a circular economy model could help Bangladesh meet its renewable energy goals and decrease reliance on fossil fuels by generating energy from waste. Currently, the country generates approximately 3,000 tonnes of plastic waste daily, with only 30 per cent being recycled. The improper disposal of electronic and agricultural waste further contributes to environmental degradation. The report advocates for investments in recycling infrastructure and waste-to-energy initiatives to address these issues while also generating economic benefits.
Several developed nations have already begun to showcase the potential of a circular economy. For instance, the Netherlands aims to halve its raw material consumption by 2030, while Sweden has achieved a remarkable 99 per cent conversion of household waste into energy. Additionally, outdoor clothing brand Patagonia exemplifies sustainability through its commitment to repair and reprocess clothing, highlighting effective waste reduction and circular practices.
As one of the countries most vulnerable to climate change, Bangladesh’s adoption of a circular economy model is seen not only as an urgent necessity but also as a tremendous opportunity for growth. Transitioning to this model could help the rapidly developing nation tackle pressing environmental challenges, including waste management, pollution, and resource depletion while paving the way for new avenues of economic development.
