there's already a governmental initiative in vietnam to reduce emissions. we had nom as encouraging fossils not to clear the rise fuse of left all was shaw by burning, but rather turning it into mushrooms and organic fort eliza. significant reductions in rice production or challenging as it is critical for food security, farmers, livelihoods, and exports. it is thus essential for vietnam to transition to low carbon rice production as a step towards sustainable low carbon agricultural transformation. so now they've invented arise, which is no own carbon. have you ever heard of arise, which is better for the environment. now you have the now the world bank is urging weird nom to go green. looks like for the west, it's convenient to leave the developing countries around the blame themselves.

vietnam's agricultural sector is that at infection point, it is supported both growth and poverty reduction. but there is now an urgent need to transform and adopt sustainable and low carbon practices to maintain growth. let's recall here that to an average rate is responsible for producing more carbon dioxide emission than say somebody in a democratic republic of congo produces in an entire year. our analysis shows that in just a few days, the average person in the u. k. produces more climate emissions than people in many low income countries do in an entire year. it would be a cruel irony if the countries that have least contributed to this problem won't be able to have access to energy infrastructure despite the government shifting priorities in vietnam. director of the charity make gong plus c's. rice farmers have limited options at an uncertain future. it's

a shared responsibility. but for the farmers of course, there are not many alternative options available. it is hard for them to say ok, really grow less intensively will grow less crops. how can they do that? the developing countries couldn't afford to cut emissions while there's no such opportunities there. according to vietnam, nationally did tell him and contribution to the paris climate agreement. the country intends to use the alternate wetting and drying method of a total of $1700000.00 acres or rice land nationwide. although effective and reducing the theme of the system will not work for all formals that are already out of the forefront. all several issues like explain why the patterns that have crypt the region. so the big question here is will it be more polls for the environment then corns for we have nom, runs and sharma r t rendering,

taken us through that? no, that's a time of rapidly rising prices. what can you do to ring fence your savings? us banks find new and innovative ways to park you from your cash. next our teas new show, the cost of everything gets into. that's plenty more. besides, stick with a wrong one. i just don't know. i mean, you well, yes to shape out the same becomes the after kid and engagement equals the trail. when so many find themselves worlds apart, we choose to look for common ground. ah,

for generations, people have been coming here to case with lots to good health. taking advantage of the mineral waters and the fresher, today the city is up before for of cutting edge research, helping off weeks, not by utilizing better, but by depriving them from it. today we are speaking to the head of the innovation center of the russian, the olympic committee world renown trainer, alexander christian with social media, has given birth to many trends from viral make. a looks to crazy shopping halls and insane challenges like the infamous tortillas lab. but it has also given rise to fast fashion as these influence, those need to rotate outputs quickly in order to keep up with their content. fast fashion refers to clothes that are designed quickly and cheaply to keep up with trends, things like zora forever. 21 h and and she and,

and others. and while. 7 historically, fashion trans lasted about a decade, the cycle is now much faster lasting only 3 to 5 months. i'm christy. i and you're watching the cost of everything we're today. we're going to be looking at the fast fashion industry and the true cost of this past paste life cycle and how it affects production to the environment with fast fashion is quite distinct from other retailers as these be tell us design, produce and deliver fashion goods to consumers in significantly less time, given their agile supply chains. fast fashion retailers, lazara and h n. m, are generating successful financial results when compared to non fast fashion retailers are only generating 7 percent profit margins. fast fashion retailers are

16 percent profit margins more than doubled, that of comparable stores. so how did they achieve such high margins? well, fast fashion aims to reduce the processes involved in the buying cycle and lead times for getting new products into stores to satisfy customer demand at its peak. because the markets are changing rapidly, the success or failure of the stores is largely determined by the organization's flexibility and responsiveness. first, the agents for fast fashion companies are always scouting out new fashion, trans clubs, and social scenes. when they find something they like, they quickly sketch it, send it out to design studios, and garments can be designed and sent out to stores in a matter of 4 to 6 weeks. this fast turnaround is achieved in several ways. companies like vara, by large quantities of only a few types of fabrics, just 4 or 5 different types,

but they can change it year to year. they do all the garment design and cutting and dying in house, so that the process is condensed. each design is made in a short production run in order to create scarcity of the given design and generates a sense of urgency to buy while supplies last. this way, it can also manage excess inventory. she and as also a jug are not in the fast fashioned space, it doesn't work with very large factories, but instead relies on small to mid size workshops that pickup orders daily. it is very much like an over system where new orders are always coming into factories, owners, phones, when, when they receive an order. it is incredibly efficient with over $6000.00 clothing factories. styles are optimized with she and internal software which connects to its entire business from design to delivery. and it contains very simple design, specifications that help manufacturers execute new orders quickly. a big brand

might need a very high end designer or a designer with top technology. and even then may only be able to produce $20.00 to $30000.00 a month, but shan does not have high design requirements. so a typical university student could get started designing quickly. and because of the variety of styles that she and demands suppliers that have already have a range of production capabilities and function more like a factory, have an easier time working with the company. this agile business model has allowed the company to persevere through a number of challenges from worsening tensions between the u. s. and china. global supply chain slowdowns and the ongoing pandemic. whereas are on the other hand, typically as manufacturers to turn around minimum orders of 2000 items in 30 days. she and asked for as you, as a 100 products and as little as 10 days. in both cases, factories need to be highly nimble in order to compete in the fast fashion space

and satisfy the short trans cycle. so now let's bring in doctor patsy perry, author, researcher, and fashionista. so patchy fast fashion has always been a trend now with the popularity of instagram and tick tock. do you see this trend going anywhere or? well, the industry just continued down this path because it is so convenient and affordable . yes, as question is really influenced the entire fashion industry really in terms of speeding up for the life cycle, speeding up the rate of change on the number of trends that we're, we're seeing and that we buying into whether that's kind of low market level luxury designer i think everyone really is now producing too much, which is leading to consumption and not keeping things very long. the cost and the price is a major part of a consumers decision when they evaluate what to buy. how can

a consumer be attracted to a, say durable piece of clothing that cost $5.00 times more than a fast fashion piece? that is often an easy impulse buy. is really hard, isn't it? because we often don't see the extra value of something that's more expensive. and often now we're seeing some of the fast question retailers offering and brands offering some kind of sustainable collections and sustainable casual ranges. so that when you see something this 5 times more expensive, you don't know what the extra is paid for. and obviously for a lot of people struggling with the cost of living increases and so on, you know, there's, there's only so much that you can stretch to, to purchase. i think, being offered low price products. it's, you know, irresistible, isn't this? it's really hard to say, no, i'm not going to buy that. i'm going to save up and buy few investors things. it's just so easy to get into that cycle of buying lots of cheaper items and often,

you know, not everyone's able to save up and purchase that won't think it's not always accessible to people who so what are the margins like for fast fashion companies versus traditional fashion companies are they more profitable these days? to be honest, i couldn't comment on the margins, but i think it's really a case of just selling more stuff and making your revenue based on the volume. so you're selling a lot more items at lower prices, a rule, but the volume of things that you sell being that you're, you're making that march in that way. often they're made of, you know, cheap topics, cheaply manufacturers, a quality your ability. longevity is not built into them. so they, they, they pay to be quite cheap. you know, if we look more carefully at them, sometimes you think that the fabric construction is not so you know, elegance and, and so on. so, you know, they really are made for,

for pennies. when they call me the way it is and people starting to save and consume less, people are going to be spending less on impulse buys and discretionary items like clothing. what companies do you think will be the most impacted fast fashion or traditional fashion companies? i think that you know, when, when the purse strings are being tightened, you know, we can't always afford to spend on those kind of mid market companies. so it may be the actually, all you can afford is to, you know, replace clothes for yourself or the kids sorts hefa by buying from those fast russian companies. but i think people will be little more discerning and they will be looking for things that i can last because they can't afford it to buy somebody just to i wants for a night out. but they're going to want things that they can maybe style in different ways. allen is going to work for, you know, they were going out and so on. and they might be a little bit more discerning about, you know, the quality of things that are going to wash well and, you know,

kids are not going. i, so grab them or destroy them too quickly. thank you so much patsy. patty will be joining us after the break, but when we come back, while fast fashion is cheap by the consumer, the long term cost on society can be very expensive. we'll explain more after the break. i ah, look forward to talking to you all. that technology should work for people. a robot must obey the orders given by human beings, except where such orders at conflict with the 1st law show your identification. we should be very careful about artificial intelligence. and the point obviously is to great trust or rather than fear i would like to take on various job with artificial intelligence, real summoning with

a robot must protect its own existence with oh, during the 2nd well, when nazi occupied, poland, virginia was a farming region today it's part of ukraine between 1943 and 945 members of the ukrainian insurgent army led by step on bendara. nasa could thousands of poles and valeria in a diabolical ethnic cleansing process. the murders were particularly horrific and brutal villages were burned and property looted. valinda massa is without doubt one of the bloodiest episodes in polish ukrainian history. my al ukrainian politicians, still reluctant to talk about these events, how to modern day ukraine and poland view. this tragedy of the past. and why does

the memory of belinda us to divide people i rick sanchez. i'm here to play with you. what are we going to do rod? watch my new show. certainly. why watch something rub. so different little opinions that you won't get anywhere else working, but please if you have the state department to see i weapons records, multi 1000000000 dollar corporations. true your fax for you. go ahead or change or whatever. if you don't want marshall state managed videos. i'm probably gonna make you uncomfortable. my show is called spectrum fun, but again, but we don't want to watch because it might just change the way you ah, welcome back. we are discussing the cost of fashion a while fast fashion is cheap for the consumer. the long term cost on the society

can be very expensive. something as basic as buying a t shirt can directly impact someone half way around the world and the chemicals that are used to die, the fabric, polluting the waterways. the human environment program claim that the fashion industry is the 2nd highest for water consumption and makes up approximately 8 to 10 percent a global carbon emissions. clothing production is ari at an all time high with brands like zara producing over a $140000000.00 garments a year. and with zora. you know that if you don't buy it right then and there, within 11 days, the entire stock will change. because the price are so low, you'll probably end up buying it there and have immediate gratification. take talk has played a large part in these company success were haul videos, which depict people showing off new pieces are immensely popular. these 20 pieces will likely fall out of style quickly as fast fashion companies sacrifice quality

for inventory. this means that these items will unlikely survive more than 10 wash cycles before falling apart. on top of that, most cheap clothes are made of synthetic fibers, like nylon or polyester that are created from oil or coal. they won't be composed for hundreds of years and one washed. they released tiny, microscopic pieces of plastic, which find their way into the oceans. and even our bodies, on average, a piece is worn 7 times before being discarded or given away to charities that won't take them anymore. this also means that the majority of these close and up in landfills currently approximately 85 percent of textiles are discarded in the us. only about 13 percent of clothing and shoes are recycled and globally, we are expected to discard more than a 134000000 tons of textiles annually by 2030. that means that

$100000000000.00 worth of materials is lost every year as less than one percent of textiles produced for clothing is recycled into new clothing. vast fashion has also called ethical problems in developing nations like gonna, the u. s. textile waste has created a salvage market in recipient countries like gonna where they can re purpose clothing. however much fast fashion is so cheap and of poor quality that it simply cannot be reused. this ends up polluting ghani, and marketplaces, beaches and dumps. and in order to make clothing as cheap as possible, the fashion industry harness the cheap labor in countries such as cambodia, my am our vietnam and bangladesh. and in fact, bangladesh as minimum wage is one of the world's very lowest, as we just continue to rise in china. so it has increasingly become an attractive place to make close. it is now the 2nd largest garment export in the world. and

today, 97 percent of apparel and foot where items are made overseas, where cheap labor is exploited. and for more let's bring in again dr. patsy perry, author, researcher, and fashionista. so patsy, what is the average wage for sowers and government manufacturer workers in these countries? i think you can find something like a proportion of, you know, how, how much money does say missed is, are make per 2nd compared to how much the work is making a year. i'll maybe have a whole amount of find something for you, but i don't know that there's a global average because it depends on the country. but it's, it's very little. now, it looks like a lot of clothing manufacturing has moved out of china. so what is china replacing its capabilities with, say, china, asynchronous economies developing the, you know, the evolving, it's more of a knowledge based economy and they don't want to be making cheap. does she fast

fashion anymore? you know, that's maybe what they start out asked. but now this is the work is the more skilled, the younger generation don't want to work in the factories behind say machine all day. they want to be working and i had off face to electronics or something like that. so those industries will then move on to the next cheapest place or they'll move kind of in latins but you know, china such a big country fuel that she's quite in land. it might take a long time to get to put it out to the, the port to the airport. however, it's not always make sense to kind of move that around the move to another low cost labor country. and they don't want to be bringing all that pollution to their country, making stuff either for domestic consumption offer, you know, an export because really we've kind of externalized all about pollution to other countries that produced the governments for us. and as fast fashion production lend itself to other industries like the toy industry, are we going to see cheaply manufactured products like toys and plastic goods

proliferating? i guess we would have done yet, but i think the tide is turning and you know, people were seeing the negative in of too much plastic al, you know, we don't want lots of cheap throw away plastic things. so many countries we see in a plastic bags carry bikes, get out of fashion, plastic straws, plastic disposable cutlery and so on. because it all finds its way into the environment, the, you know, that the waterways and so on. and it's never good, is it? so i think that the tides, the tide will turn and also if you're buying things to your case, you don't wanna, you know, buy tea cheap because you don't want it to break him in a honda child or whatever. so think you might be more conscious if you're buying things for the children that you do want to have that certain level of quality. your ability of safety is really important in terms of how it's made and what is made from. and now how should consumers think about the true cost of fast fashion,

given all the widespread environmental and social impacts? i think we, we need to question why think, say cheap and you know what the reasons are for it being so cheap, but it's normally because somebody or some think he's paying the cost for that. whether it's work in the factory, in a lower labor cost country, whether it's the environment being polluted because there's no way to, to really make things well and make them at such a low cost. so i think we just need said, if we're able to just be a little bit more discerning and try to buy your best to things really be a bit more conscious about what we're buying and making sure that we, we kind of buying it, not just about 11 less, you know, the best way really is to kind of think about what you already have tried to make more of what you already have. how can you, where different ways because certainly in the u. k wardrobes bulging with and warm clothing and yet we still cannot stop shopping. and it's really thinking about how

you can maximize the effectiveness, submit the use of your existing war trip rather than just buy more will new stuff. but i was quite hard today because all of the marketing messages about tempting each buy more new stuff, you know, even 2nd hands consignment, retail site. the email marketing is always about, come on, have a look when you collections and so on. so it's really hard to kind of re call from us, you know, we look at what's in your water ape and try to make more use of fast. and even though consumers are aware of these costs, do you think it is enough to change consumer behavior? when fast fashion is just like fast food, cheap and convenient, it got worse because it's faster and more. there's more of that, there's much more choice now. as of now you've got all of the online, super fast, all flash and retail, as well as the ones with physical store. so really, the, the original ones have them for 21. even. you want to say they're kind of like slow,

free to fast fashion retailers because to let the online ones like shine, who and so on there so much faster, so much more responsive to what's happening in the marketplace. and i have a huge amount of data that they can use from being online and seeing what people are buying, what they're searching for, what's going into people's baskets and so on, that it would be harder to get that information through a physical store. so they, they have that advantage really making small runs and, you know, testing lots of new designs, you know, cities in society and consumers, they're increasingly holding brands and seen, i believe that these browse to account really and nobody wants landfill in their backyard. do they say an equal it's not right to have the landfills in other countries though they always have a lot choice about you know, what, what is there. and so i think it's increasingly distasteful answer poplar,

you know, asking for better behavior from, from these brands. and also legislation is firming up in many countries. and but it really, we can't rely on voluntary action from corporations, but it needs to be legislated, but things are getting straighter. so i do have hope and i think you know, consumers material good do not bring eternal joy and happiness. we know that anyway, we still buy into it, but it's ready by experiences, you know, relationships with friends, with family experiences, you know, nature going to night, trove locked down. so it's not really about buying laser laser more new stuff. it's, it doesn't really make you happy to. so i think when you can, when yourself, off of thoughts, you can actually save a lot of money that you might have been wasted by connect shopping every week or every month for buying stuff that really needs that you don't get lost if you start

off on so, you know, channeling about money into other activities. thank you so much patsy. for joining us today. the fashion industry has been stagnant for quite some time, but fast fashion has employed 300000000 people globally and has grown to a 1.3 trillion dollar industry. the fashion industry is complex and there is no central figure to blame for the perceived injustice. in fact, much of it is actually consumer driven, as customers are the ones willing to pay 76 percent of full price. so to deliver on what the consumer wants, fashion brands need to find ever more creative ways to cut costs, reduce wages and set harsh terms for production, which leads to ramp and labor abuses at the garment. factories. suppliers are also squeezed so hard financially that they are incentivized to cut costs in any way possible. however, change is coming to the fashion industry. as

a handful of brands are shining, the spotlight on a more sustainable model. these brands like patagonia market and durable clothing and accessories made with sustainable materials. patagonia market the brand to make consumers aware of the downside of fast fashion, and instead encourages customers to purchase less and only when needed. other brands are working towards a circular system of production and consumption by taking customers calls back and putting them to new use or making them out of a 100 percent recyclable materials. i'm christy. i thanks for watching and we'll see you back here next time on the cost of everything. i oh i

i name it wasn't put bombing in, so you know, it will be a good call yet. no blessed assassin. should it be the should do. so do you know, i don't think she'll let us but that's a grow nest that was on the one on the desktop or joseph national at law to me and i was unable to be to almost my newly stuff that you're going to give me was continue listening to the fact that there was yes, there was just shortly. thank you. me serious and so probably for nice dollars on i box which i you put in a sickly in a little pause. even lynch says, going out of the sky. jenna assistant

image does not say on the present. ask you, i'm sure political mon, i said to us on the, the english american law. so must you know much. nathan saw to see about should be, is a, you know, the run up the year after they were not on a promise she's planning on running away. no plan me i, for generations, people have been coming here to case of lots to get healthy, taking advantage of the mineral waters and the fresh air. today the city is at the forefront of cutting edge research, helping athletes, not by utilizing that in, but by depriving them from it. today we are speaking to the head of the innovation

center of the russian, the olympic committee, world renown trainer, alexander christian a, [000:00:00;00] a least 90 people are killed and hundreds more injured in the gemini capitol following at crush during a charity. it also had been more and more troops off a head of the expected ukrainian calendar events which may will to take place here of moscow and ki, prepare for what looks like a looming escalation or corresponding witnesses events directly from the conflicts