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Bangladesh to provide funds to help units go green

Textile factories in Bangladesh will be provided funds to help adopt eco-friendly technologies and practices. The fund can be accessed by wet processing units, which are export-oriented or supply to the garment sector. Inefficient resource use and poor environmental practices are major challenges for the textile sector. Textile factories in Dhaka consume 1,500 billion liters of groundwater annually to produce five million tons of fabric, with every kg of fabric gobbling up 300 liters against the global standard of 100 liters per kg of fabric.

Textile dyeing and finishing units in Bangladesh are known to waste large amounts of water as they consume five times the best practice benchmark. Environmental sustainability is important for a country’s mid- and long-term development. It’s estimated Bangladesh can raise its garment exports to $50 billion by 2021 if factories are eco-friendly.

Toxic discharges of the industry pollute both surface and ground water. Long-term sustainability of the industry lies in its ability to produce green textile products mainly due to the growing consumer demand for eco-friendly products. However, factories need financial support from the government and price support from buyers to adopt eco-friendly practices.

 
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