As nations gather for COP29 in Baku to address climate finance, the urgency for significant investment in global supply chains has intensified. Originally estimated at $100 billion annually for developing countries, the required investment has surged to $1 trillion due to increasing climate disasters. A key focus will be establishing a framework for “green finance” and ensuring transparency in reporting. The fashion industry, a major carbon emitter, exemplifies the need for supply chain traceability to measure emissions effectively. Companies are adopting traceability platforms to collect essential data, vital for informing sustainable investments and achieving net-zero goals.

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