NEW YORK – Extreme weather events could cause apparel exports to decline more than a fifth by 2030 across four major Asian garment hubs, new analysis suggests. Bangladesh, Cambodia, Pakistan and Vietnam risk missing out on US$65bn worth of clothing exports if they fail to adapt in the face of extreme heat and flooding.
Bangladesh, Cambodia, Pakistan and Vietnam collectively represent 18 per cent of global apparel exports, house approximately 10,000 apparel and footwear factories and employ 10.6 million workers.
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