Investing in Skills Development to Ensure a Just Transition
How will the transition to a clean energy economy shift economies and labor markets around the world?
Reductions in fossil fuel use and the transition to a clean energy economy portends significant shifts in economies and labor markets around the world. According to new research by Deloitte, nearly a quarter of the global workforce – over 800 million jobs – have a high vulnerability to climate extremes and economic transition impacts. These climate-related impacts are likely to be felt most acutely across the Global South, particularly in countries that are dependent on fossil fuels and extractive industries. A keen focus on economic and workforce policy coupled with near-term investment in skills training is imperative in order to minimize economic dislocation and harness the economic opportunity associated with the energy transition. This panel conversation, curated by Foreign Policy with support from Deloitte, focused on strategies for adaptive education and ways in which the public and private sectors and civil society can collaborate to facilitate a just transition by strengthening green collar workforces around the world.
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