Validation workshop on Vulnerability of Sri Lanka's Fashion Industry and Apparel Sector to Climate Change

31st July 2024 | 14:30 to 17:00 (IST)

Colombo, Sri Lanka

Validation workshop on Vulnerability of Sri Lanka's Fashion Industry and Apparel Sector to Climate Change

31st July 2024 | 14:30 to 17:00 (IST)

Colombo, Sri Lanka

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Introduction

The fashion and apparel sector is a cornerstone of Sri Lanka's economy, serving as a major driver of employment and economic growth. It directly employs over 350,000 individuals, including a significant portion of the country's workforce, particularly women, and indirectly supports the livelihoods of nearly 1 million people across various related industries, such as textiles, logistics, and retail. The sector plays a crucial role in the nation’s economic landscape, contributing approximately 7% to the national GDP. In 2023, export earnings from the sector exceeded USD 5.5 billion, highlighting its importance as one of the largest foreign exchange earners for the country.

As climate change continues to affect production processes, raw material availability, and operational costs, the sector must adapt rapidly to mitigate these risks and maintain its competitive edge in the global market. Moreover, the sector's vulnerability to climate-related risks underscores the need for a comprehensive approach to sustainability, integrating climate resilience into business strategies, enhancing energy efficiency, and investing in sustainable practices. 

Multi-stakeholder platforms, like the Multi-Actor Partnership on Climate and Disaster Risk Management and Finance initiated by SLYCAN Trust can play a key role in enhancing coordination and information-sharing to manage climate risks and drive a just transition of the fashion and apparel sector.

In response, SLYCAN Trust has undertaken a comprehensive scoping study to evaluate the sector's vulnerability, explore climate-related risks, and emphasize the need for integrating climate considerations into risk management and adopting sustainable practices.

Objectives

  • To review and validate the findings presented in the scoping paper, ensuring that the identified vulnerabilities and risks to Sri Lanka's fashion and apparel sector are accurately represented.
  • To engage with key stakeholders from the fashion and apparel industry, government agencies, and environmental organizations, gathering their insights and feedback to refine the scoping paper.
  • To identify any gaps in the current research and knowledge on the sector’s vulnerability to climate change and discuss potential areas for further study or data collection.
  • To develop practical strategies for mitigating the identified climate risks, focusing on enhancing the resilience of the sector through sustainable practices and policy recommendations.
  • To strengthen collaboration among various stakeholders, fostering a coordinated approach to addressing the climate challenges faced by Sri Lanka’s fashion and apparel sector.

Guidelines & Templates

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Information Note

Agenda

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