A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Circular Economy Meets the Fashion Industry: Challenges and Opportunities in New York City
With increasing awareness and urgency to address the risks of climate change, resource depletion, and waste accumulation, the concept of the circular economy is gaining momentum as a guiding framework to design and implement system-level strategies and policies to enable sustainable economic development. Today’s fashion industry is one of the sectors that has the greatest opportunity to transform from a linear take-make-waste approach to a circular model that minimizes non-renewable resource consumption and landfilling of textile waste. The key is to extend the fashion product life cycle and incentivize value-creation opportunities. With the principles of making the fashion industry circular in mind, this paper focuses on New York City to examine the various stakeholders and their collaborations that seek novel ways of closing the loop of the fashion value chain. The stakeholders’ current strategies and main bottlenecks are analyzed to assess opportunities for technological and policy interventions. We argue that, while technologies such as the Internet of things and digital identification have great potential to increase feedback loops and transparency throughout the fashion product value chain, thereby addressing existing challenges in making the circular transition, it is crucial to understand the context in which to apply these technologies and assess policy and regulatory incentives that need to accompany them. This paper provides an explorative overview of the experiences in New York City, which serves as a useful case study for policymakers, organizations, and individuals who are interested in knowing the actual practice and challenges in applying circular economy principles to the fashion industry.
Circular Economy Meets the Fashion Industry: Challenges and Opportunities in New York City
With increasing awareness and urgency to address the risks of climate change, resource depletion, and waste accumulation, the concept of the circular economy is gaining momentum as a guiding framework to design and implement system-level strategies and policies to enable sustainable economic development. Today’s fashion industry is one of the sectors that has the greatest opportunity to transform from a linear take-make-waste approach to a circular model that minimizes non-renewable resource consumption and landfilling of textile waste. The key is to extend the fashion product life cycle and incentivize value-creation opportunities. With the principles of making the fashion industry circular in mind, this paper focuses on New York City to examine the various stakeholders and their collaborations that seek novel ways of closing the loop of the fashion value chain. The stakeholders’ current strategies and main bottlenecks are analyzed to assess opportunities for technological and policy interventions. We argue that, while technologies such as the Internet of things and digital identification have great potential to increase feedback loops and transparency throughout the fashion product value chain, thereby addressing existing challenges in making the circular transition, it is crucial to understand the context in which to apply these technologies and assess policy and regulatory incentives that need to accompany them. This paper provides an explorative overview of the experiences in New York City, which serves as a useful case study for policymakers, organizations, and individuals who are interested in knowing the actual practice and challenges in applying circular economy principles to the fashion industry.
Circular Economy Meets the Fashion Industry: Challenges and Opportunities in New York City
Green Energy,Technology
Bisello, Adriano (editor) / Vettorato, Daniele (editor) / Haarstad, Håvard (editor) / Borsboom-van Beurden, Judith (editor) / Kim, Younghyun (author) / Wu, Savannah (author)
International conference on Smart and Sustainable Planning for Cities and Regions ; 2019 ; Bolzano, Italy
2021-03-23
20 pages
Article/Chapter (Book)
Electronic Resource
English
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