ADDIS ABABA – Ethiopia has signed a $28 million deal with the United Nations Industrial Development Organisation (UNIDO) to drive the sustainable growth of the country’s textile and garments sector.
Backed by the Global Environmental Facility (GEF), a multilateral environmental fund that provides grants and finance for projects related to biodiversity, climate change and land degradation, the five year project will focus on the promotion of the circular economy in the textile and garment sector including investment in new, resource efficient technologies for manufacturers.
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