Monday, June 24, 2024
spot_imgspot_img
spot_imgspot_img
HomeNews & ViewsSustainabilityEthiopia Textile Industry to be supported by World Bank in sustainable initiatives

Ethiopia Textile Industry to be supported by World Bank in sustainable initiatives

World Bank Launch XBRLEthiopia’s textile industry is rapidly growing. The World Bank plans to launch a project to support the eco-friendly initiatives of Ethiopia’s rapidly growing textile industry. The bank is seeking contractors to improve efficiency in textile mills around Ethiopia as well as lowering production costs and minimizing environmental impacts. Industrial parks will be a key focus as they are the main tool being used by the government to develop the textile and footwear industries.

The project will support efficiency improving interventions which will lower the production cost and minimize environmental impacts that will consequently attract and retain investment. At a broader level, the project will decrease greenhouse gas emissions through the removal of regulatory barriers to the implementation of energy efficiency and water efficiency investments in the private and public sectors. By providing support to the government and relevant industries on sector specific interventions, the project will ensure that the textile and footwear sector remain competitive while the growth of the sectors is environmentally sustainable.

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
SUBSCRIBE

YOU MAY ALSO LIKE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - spot_img

Join Our Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
Sign Me Up
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

OSDA Solar Enters BNEF Tier 1 Solar Photovoltaic Module Manufacturers List

On May 23rd Bloomberg New Energy Finance (BNEF) published the latest list of global photovoltaic module manufacturers for the second quarter of 2024. Osda,...

HOPETECH is dedicated to apply new industrial digital printing technology into textile industry

Guangzhou International Textile, Clothing and Printing Industry Expo (ITCPE) has become a professional exhibition with wide influence, high popularity and good effect. Focusing on...

Jean-Paul Haessig Stays President of the Bremen Cotton Exchange

Bremen Cotton ExchangeBremen, 21 June 2024: The Board of the Bremen Cotton Exchange confirmed Jean-Paul Haessig as President of the association on the occasion of the...
Get hand picked industry updates delivered straight to your inbox
Sign Me Up

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
SUBSCRIBE