The International Trade Centre (ITC),
The African Development Bank (AfDB)
The Government of Germany
The International Trade Centre (ITC), the African Development Bank (AfDB) and the Government of Germany will co-host a side event and an exhibition highlighting the catalytic role of ODA to leverage investment for a more sustainable fashion value chain.
It will serve as a platform to discuss innovative financing mechanisms to incentivize and promote the growth of a sustainable fashion industry, such as attracting venture capital investment in developing countries that benefits African women and youth. Creative industries, such as the African fashion industry, are important sources of economic growth and job creation, notably for youth and women.
The session will involve private and public partners committed to supporting sustainable development through investments, which provide productive employment, strengthen local communities, facilitate regional integration and spur economic growth.
The discussion will highlight evidence of how the innovative development approach of the ITC Ethical Fashion Initiative, taking the example of Kenya, involving businesses, governments, funders and other investors and how it successfully forges partnerships to align people-centred public and private investments for greatest impact.
The expected outcome of the panel discussion will define the needs for project financing by donors and private sector entities and how to engage new partners.
- International Trade Centre (ITC)
- ITC Ethical Fashion Initiative
- African Development Bank
- Government of Germany
For inquiries regarding this side event, please contact