Spanish Government Allocates €30.5 Million to Promote Circular Economy in Textiles
MITECO has announced a €30.5 million funding package to support circular economy initiatives in Spain's textile industry.
- • MITECO allocates €30.5 million for textile circular economy support.
- • Funding aims to promote recycling and sustainability in the sector.
- • The initiative targets companies developing innovative textile solutions.
- • Efforts align with broader environmental goals and competitiveness.
Key details
On September 16, 2025, the Ministry for the Ecological Transition and the Demographic Challenge (MITECO) announced financial support of €30.5 million aimed at advancing circular economy practices within the textile sector. This initiative seeks to enhance sustainability and reduce waste in the industry by fostering innovative projects that promote textile recycling and efficient resource use.
MITECO has outlined that this funding will be available for companies and organizations that develop viable solutions and projects focusing on recycling textiles and minimizing their environmental impact. The ministry emphasized that the support aims to bolster competitiveness in Spain's textile industry while contributing to broader environmental goals.
Previously, in other initiatives aimed at promoting circular economy in various sectors, the government has laid a foundation for more sustainable practices. This latest funding is seen as a specific effort to target the textile sector, which has faced scrutiny for its environmental footprint.
The ministry highlighted in its announcement that understanding and implementing the principles of a circular economy are crucial for transitioning to sustainable economic models. "With these funds, we are not just investing in economic growth but are also committing to a greener future," stated a MITECO spokesperson. This funding is part of a larger strategy to reshape the textile industry into one that prioritizes sustainability and innovation over traditional, linear practices.