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Strategies on Reducing and Utilizing CO2 for Cost Effective Business

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Strategies on Reducing and Utilizing CO2 for Cost Effective Business
Type: Webinar
Location: Online
Organizer: UN-ESCAP-ILO
Garment Sector Dialogue

When:  20 April 2021    I     Time:  14:00 - 17:45 (Bangkok Time)     I        Register:  here

The Asia-Pacific region is set to play a key role in transition toward net zero emissions. Emissions reduction, a just transition and increased climate resilience will all be required to meet the Paris Agreement, but the region is faced with substantial challenges. The region contributes to over half of the world’s total greenhouse gas emissions (GHGs), with six out of the ten top global emitters in the Asia-Pacific region, and it is the most vulnerable region in the world to the impacts of climate change. However, these challenges also represent a significant opportunity for regional co-operation to scale up climate action.

To accelerate the transition to clean and sustainable growth in the Asia-Pacific Region, private sector driven innovation is a necessity. Large scale industries need to reduce their formidable carbon footprints, and SMEs who are at the heart of economic activity must implement sustainable production processes that reduce the high levels of resource depletion, waste and pollution, that are currently causing irreversible environmental degradation and climate change. There is an opportunity for SMEs to be a strong part of a paradigm shift toward a carbon neutral future.

Objective

The objective of the ESBN Roundtable is to bring together and engage the textile and garment sector and the cement industry to share, discuss and further CO2 reduction activities. The 2015 Paris Agreement united nearly 200 nations in a commitment to limit global temperature increases to between 1.5 and 2 degrees on pre-industrial levels. To meet this goal requires significant Greenhouse Gas (GHG) emissions reduction in the global economy, 45% reduction by 2030 on 2010 levels, and a net zero global economy by 2050. The Textile and Garment and Cement industries have large emissions profiles that need to rapidly decarbonize. The Roundtable will discuss the clear business imperative in reducing carbon emissions and highlight examples of how these sectors are approaching emissions reduction activities, as well as balancing the social and economic impacts of transitioning to zero carbon business, to ensure a just transition. The Roundtable will also introduce a project proposal titled “Strategies on Reducing and Utilizing CO2 for Cost Effective Business”.

Roundtable participation

The Roundtable will see the participation of national, and local governments from targeted countries, chambers of commerce, industry associations, sustainability leaders in the apparel & fashion industry as well as the cement industry, embassies and their funding mechanisms, international organisations, non-government organisations and other key stakeholders.

Featuring Bradley Abbott, Project Lead, SWITCH Garment Cambodia, Global Green Growth Institute (GGGI)