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Transforming Our Economy

About This Collection

Inspired by the Capital Institute's Third Millennium Economy initiative, this collection highlights those voices - ecological economists, sociologist, finance professionals, environmentalists, community developers - advocating a restructuring of our economy to transition to a truly sustainable economic system.

Curated by mokiethecat

A new textiles economy: Redesigning fashion's future
December 01, 2017

Ellen MacArthur and Stella McCartney co-hosted the launch of the Ellen MacArthur Foundation’s report, "A new textiles economy: Redesigning fashion's future." The report urges the fashion industry to adopt a new vision and foster cross-industry collaborations to achieve it.

The current "take-make-dispose" model causes significant environmental damage and economic loss. Every second, a garbage truck of textiles is landfilled or burned, resulting in an estimated USD 500 billion loss annually. By 2050, the industry could consume a quarter of the world's carbon budget. Additionally, it pollutes oceans with half a million tonnes of microfibres yearly, impacting food chains.