COP27 Highlights: Fredrik Timour On Fashion’s Overproduction Problem

The Global Fashion Agenda and McKinsey & Company’s “Fashion on Climate” report finds that if the industry could reduce the share of stock sold at a discount by 15 percentage points, it would achieve a volume and emissions decline of about 10 percent, without any impact on value growth.
Fredrik Timour, the founder of Fashion Innovation Center, is determined to help the fashion industry become more sustainable, both environmentally and economically.
The COP27 panel he was on was organized by Climate-KIC, an EU Knowledge and Innovation Community (KIC) working to accelerate the transition to a zero-carbon, climate-resilient society, in partnership with the United Nations Framework Convention on Climate Change (UNFCCC).
Watch Fredrik’s COP27 key moments on the UN Innovation Pavilion stage: • COP27: Key Takeaways f...