ITHACA – Extreme heat and flooding sparked by climate change will devastate the garment manufacturing industry putting a million new jobs at risk in supply countries this decade, according to a new study.
Analysis from Cornell University’s Global Labor Institute and asset management firm Schroders predicts that global warming-related weather events will cause massive disruption to manufacturers and workers in Bangladesh, Cambodia, Pakistan and Vietnam by 2030.
Likely effects include significant production losses, slowing down the industry’s growth and putting one million potential new jobs and $65 billion worth of apparel exports at risk – equivalent to a 22% decline.
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