A new report by Oxford Economics highlights the significant contribution of second-hand clothing (SHC) to GDP and job creation in Africa, particularly in Ghana, Kenya, and Mozambique. The report reveals the sector’s vital role in a circular textile economy, supporting over 100,000 jobs and contributing millions of dollars to the GDP of these nations. While facing challenges like high import tariffs, the SHC sector offers immense potential for sustainable economic growth and poverty alleviation in Africa.
Results for: Green Jobs
A new report by Oxford Economics highlights the significant economic impact of the second-hand clothing (SHC) sector, revealing its contribution of billions of dollars to GDP and the creation of hundreds of thousands of green jobs in Europe and Africa. The report emphasizes the sector’s vital role in building a circular textile economy and its positive impact on poverty alleviation and environmental sustainability.
The Energy and Resources Institute (TERI) is partnering with the Assam government to establish an institute in Guwahati aimed at conserving the natural resources of the eastern Himalayas, a region renowned for its rich biodiversity. This initiative follows TERI’s recent announcement of a world-class energy transition institute in Hyderabad and underscores the organization’s commitment to promoting sustainable development and green jobs.
President Joe Biden announced $7 billion in federal grants for residential solar projects serving low- and middle-income communities. The grants are expected to reduce emissions by the equivalent of 30 million metric tons of carbon dioxide and save households $350 million annually. Additionally, Biden expanded the American Climate Corps green jobs training program, offering nearly 2,000 positions in 36 states.