APEC Workshop on Supporting MSMEs’ Transition to Circular Economy in Textile and Garment Industries
| Published Date | September 2025 |
|---|---|
| Type of Publication | Proceedings |
| Publication Under | SOM Steering Committee on Economic and Technical Cooperation (SCE), Small and Medium Enterprises Working Group (SMEWG) |
| Accessed | 0 |
| Pages | 26 |
| Download publication | Download |
Description
The APEC Workshop on Supporting MSMEs’ Transition to Circular Economy in Textile and Garment Industries aims to promoting capacity building for MSMEs in textile and garment industry to adopt CBM through sharing knowledge, experiences and practices from speakers, experts, and participants from the APEC member economies. From the sharing, they came up with a number of highlights and recommendations that are beneficial to promote MSMEs in textile and garment industry to adopt CBM. For example, they might include but not limited to: raising awareness for MSMEs in textile and garment industry of the importance and benefits of adopting CBM as an intrinsic business strategy for long-term growth and development; invest further in infrastructure and innovation (e.g.: establishment of digital centres, regional hubs for innovation, etc.,); promoting MSMEs’ access to green loans, grants, tax reduction for eco-friendly textile products, etc., to facilitate their adoption of CBM as well as promote networking market platforms to enhance market access; promoting collaboration and cooperation between multi-stakeholders; developing an APEC circular fashion innovation lab (including developing a directory of experts; compilation and sharing of local wisdom/knowledge/culture/indigenous; establishing a center of excellence, etc.,); launching and sustaining APEC circular awards to encourage and/or inspire the adoption of CBM in industries in general, textile and garment industry in particular; developing an APEC digital platform for promoting CBM products and lifestyles; supporting eco-label certifications; and so on.