China’s textile sector needs $40.8 bn to halve emissions by 2030

China’s textile and apparel sector needs at least $40.8 billion to cut emissions by 50 per cent by 2030, as per Aii.
Despite supportive ‘dual carbon’ policies, decarbonisation remains uneven.
Around 44,000 scaled enterprises are best placed to act but face technical and financing gaps.
Industrial parks, green finance, and coordinated action are seen as key to scaling emissions reductions.