G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain. The agreement comes in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which over 1,100 people died when a building housing garment workers collapsed. The fund would help provide compensation in the event of further similar disasters. It would also provide cash to improve fire inspection and building safety regulations. The G7 will recommend that western consumers have access to apps that better inform them about whether clothes they intend to buy were manufactured in decent working conditions.
It has take more than two years for a compensation fund for relatives of the Rana Plaza victims to reach its target of £20m.
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