Global Fashion Agenda unveils 2023 GFA Monitor at COP28
©Global Fashion Agenda
During COP28, Global Fashion Agenda (GFA) released the 2023 edition of The GFA Monitor a report to guide fashion leaders towards a net-positive fashion industry. The second GFA Monitor has been updated to include the latest guidance and insights from over 25 industry organizations in one cohesive publication. For the first time, the report includes new data insights from the Fashion Industry Target Consultation - drawn from over 900 industry participants in 90 countries.
The GFA Monitor is an extensive resource that presents expert insights on the status of the industry, clear actions to take, and proven best practices. In a time of poly crisis when the implementation of sustainable practices is challenged, GFA is supporting the industry by consolidating an abundance of available solutions that can be applied today.
The tool is grounded by the sustainability framework laid out in the Fashion CEO Agenda, featuring in-depth guidance according to the five sustainability priorities: Respectful and Secure Work Environments, Better Wage Systems, Circular Systems, Resource Stewardship, and Smart Materials Choices. Embracing additional expert knowledge from other industry organizations, each priority includes insights from GFA's Impact Partners: Fair Labor Association, Social & Labor Convergence Program (SLCP), Ellen MacArthur Foundation, Apparel Impact Institute, and Textile Exchange, respectively.
The 2023 publication presents new findings from the Fashion Industry Target Consultation (FITC), launched by GFA and the United Nations Environment Programme (UNEP) in November 2022, which invited stakeholders from across the global value chain to share their thoughts on the performance indicators and milestones that the industry must strive to meet. The 2030 deadline to achieve the UN Sustainable Development Goals is fast approaching. Moreover, to deliver the Paris Agreement and limit global warming to 1.5°C, greenhouse gas emissions must peak before 2025 and decline by almost 50% by 2030 at the latest. Nevertheless, the temperature rise predicted for this century is still well above what was promised in Paris eight years ago. With COP28 providing a critical moment to take stock globally, GFA and its partners are presenting the fashion sector's progress towards net positive and guiding them on how to accelerate actions on its pathway.
