Boosting the Textile Sustainability Platform (TSP) could help encourage sustainability and cleaner production in the textile sector of Bangladesh, according to some industry officials. TSP acts as a platform for public-private co-operation to strengthen environmental sustainability and promote efficient use of resources in the textile sector.
Harnessing the potential of digital technology can help strengthen communication and deliberation in the TSP platform and the textile sector, said Asif Ibrahim, former Chairman of Business Initiative Leading Development (BUILD) at the ‘TSP to accumulate ideas for Cleaner Textile’ discussion organised by BUILD and Bangladesh Garments Manufacturers and Exporters Association (BGMEA). The Partnership for Cleaner Textile (PaCT) had led to the origination of TSP. PaCT is an initiative supported by International Finance Corporation (IFC). Faruque Hassan, Senior Vice President of BGMEA said that business organisations are getting sensitised towards the idea of efficient use of water resource, according to a report.
The discussion was summarised under certain points by Ferdaus Ara Begum, CEO of BUILD. They include tax incentives for green investment, regional peer learning, strong information dissemination, strong policy advocacy, promoting research and innovation, and zero discharge policy, highlighting energy and water saving benefits among others.