OECD Analysis of Innovation for Clean Energy Emphasizes the Importance of Human Capital

A recent OECD working paper reviews case studies of renewable energy initiatives in Australia, Brazil, China, Mongolia, Spain and the United Kingdom, and  emphasizes the importance of local governments in the transition to low-carbon economies. “What sets a region on a path to innovation is openness to new ideas of business…their ability to source and absorb new ideas; in effect, a region’s ability to learn. This is also strongly related to the training and skills ecosystem present in the region. A region’s capacity to innovate relates to the stock and quality of human capital embodied in its workforce. The successful transition to a low-carbon economy will only be possible by ensuring that the labour force is able to transfer from areas of decreasing employment to other industries, and if adequate human capital exists to develop new industries that will grow as a result of climate change mitigation and adaptation activities. Skills development activities will play a major role in each of these transitions.”

LINKS

Improving the Effectiveness of Green Local Development: The role and Impact of Public Sector-led Initiatives in Renewable is available from a link at: http://www.oecd-ilibrary.org/environment-and-sustainable-development/improving-the-effectiveness-of-green-local-development_5k3w6ljtrj0q-en

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