Climate Change

Banking, Climate Change, Pollution & Circular Economy, Principles for Responsible Banking, Publications | 18 July 2024

Circular Economy as an Enabler for Responsible Banking: Circular Solutions to Achieve Climate Targets in the Textile Sector

A sectoral supplement to the climate-focused “Circular Solutions to Achieve Climate Targets”, this paper is designed to assist banks in integrating circular solutions in the textile sector as part of their climate transition plans to achieve net zero emissions or climate mitigation targets, though a reduction of their financed emissions and through transition finance strategies.

Banking, Climate Change, Pollution & Circular Economy, Principles for Responsible Banking, Publications | 18 July 2024

Circular Economy as an Enabler for Responsible Banking: Circular Solutions to Achieve Climate Targets

This report focuses on the nexus between circular economy and climate mitigation, outlining steps for banks to effectively embed circular solutions in their climate transition plans to achieve climate mitigation targets, including by increasing financing for circular solutions and opportunities, and through advocacy and partnerships with policymakers to enhance circularity.