Workshop on the application of measurement tools and indicators for the circular economy

Circular Innovation Lab (CIL) is pleased to participate in the upcoming webinar, "Part 1: Material Shift – From Overproduction to Circularity," scheduled for Monday, January 20, 2025, at 3:00 PM CET. This session is the inaugural installment of the "One-Earth Fashion" discussion series hosted by Public Eye, aiming to address critical paradigm shifts necessary for transforming the fashion industry towards sustainability.

​

The webinar will explore the imperative transition from overproduction to circularity within the fashion system, emphasizing that merely substituting unsustainable materials with sustainable alternatives is insufficient. The discussion will also delve into comprehensive changes in fashion design, consumption patterns and the need to move away from fast-fashion business models. Key focal points include reducing the use of virgin materials and extending the lifespan of garments.

​

​​​​​Key Presentations

Our presentation online, delivered by Arpit Bhutani, COO of Circular Innovation Lab, and Evangelia Lily Moumtzi, Circular Economy Research Intern, focused on the EU Taxonomy for circular economy. The session provided an in-depth overview of the taxonomy, highlighting its criteria for classifying sustainable economic activities and its role in promoting resource efficiency, waste reduction, and material recycling.

 

Discussions and Impact

We discussed the benefits of adopting the EU Taxonomy, such as enhanced market transparency, mitigation of greenwashing, and alignment with broader policy objectives like the EU Circular Economy Action Plan. The presentation included examples of global best practices and recommendations for tailoring these practices to Vietnam's unique environmental, social, and economic contexts. Participants engaged in a lively discussion, exploring the practical applications of the EU Taxonomy in Vietnam and the steps needed to implement these practices effectively.