This Science-Industry Roundtable was hosted by the University of Oxford and Bangladesh University of Engineering and Technology (BUET). The event gathered a group of key global manufacturers and retailers that have major investments and interests in a sustainable garment industry.
Bangladesh’s garment industry aims to double annual revenue by 2021 to $50 billion. Employing four million people, mainly women, the growth of the sector contributes around three quarters of foreign export earnings. Water security risks will shape the sector’s future growth as hundreds of factories impact water ecosystems through abstraction and effluent releases. Corporate water risks are growing, with international companies and national stakeholders increasingly aware of liability and attribution concerns on aquatic ecosystems and human health. The need for robust monitoring and management of water quality hazards is linked to improving public health and sustainable growth, which is increasingly recognised by government, private sector and civil society.
The REACH programme is establishing a Water Security Observatory focused on Dhaka, working with the Department of Environment and General Economics Division (Government of Bangladesh), International Finance Corporation, UNICEF, BUET, University of Dhaka and icddr,b to promote sustainable growth, resource management and poverty reduction.
© 2023 REACH