The Circular Fashion Partnership aims to reduce dependency on virgin materials and increase the availability of recycled materials by establishing a long-term, scalable transition to a circular fashion system in garment manufacturing countries.
P4G has provided this partnership with US $449,904 in catalytic grant funding.
Through a cross-sectoral approach, the Circular Fashion Partnership captured and directed post-production fashion waste back into the production of new fashion products and presented a compelling business case to scale domestic textile recycling. With demand for recycled materials from global brands, this model also secured consistent access to high quality traceable post-industrial feedstock from local manufacturers.
By February 2022, the partnership had onboarded 22 brand and buying agents, 45 factories, and 18 recyclers to mobilize textile waste recycling and collected 1569 tonnes of fashion waste, 42% of which was traced to participating recyclers.
The partnership published an analysis that highlighted how Bangladesh could save 3/4 of a billion dollars on virgin cotton imports if it recycles 100% of its cotton waste domestically. They also hosted a Policy Gaps & Opportunities discussion that included speakers such as the Bangladesh State Minister of Foreign Affairs.
When scaled, the partnership has targeted a 15% reduction in carbon, water footprint and waste-to-landfill, and a 20% increase in 100%-recycled material clothing products among participating brands. This will be a key factor in contributing to Bangladesh’s national priority of creating an inclusive circular fashion system that creates jobs and protects the environment.