Recycling Textile Waste Can Create Jobs, Unlock Investment, and Boost Competitiveness in Morocco
Morocco, June 10 -- Pilot trials conducted as part of the Morocco Textile Circularity program, led by the World Bank Group's IFC, show that recycling textile waste in Morocco is technically viable and commercially feasible - and that scaling it could attract US$1.9 billion in additional private investment and generate more than 30,000 jobs, according to the World Bank Group's Country Private Sector Diagnostic for Morocco.The pilot program more than doubled original targets: 427 metric tons of textile offcuts were turned into new materials for manufacturing, with a further 2,400 tons committed for recycling. Recycled-content fabric met standard commercial quality benchmarks across all tested parameters and can re-enter the supply chain witho...
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