Managing Climate Risks in Sri Lanka’s Fashion and Apparel Sector
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SLYCAN Trust
Sri Lanka’s fashion and apparel sector is vulnerable to the impacts of climate change. From village artisans to factories supplying major global brands, actors across the supply and value chain face a complex landscape of climate-related risks, such as heat stress, water scarcity, extreme weather events, unavailability of raw materials, or damages to infrastructure. It is imperative to assess these risks as well as the available risk management mechanisms and tools, including financial instruments and risk transfer schemes. This scoping paper provides an overview of the state of play as well as the current and emerging challenges, needs, and priorities of Sri Lanka’s fashion and apparel sector, with a view towards long-term resilience-building and climate-smart development.