Green investment brings greater job creation, but job quality not guaranteed

The Green Jobs Advantage: How Climate-friendly Investments Are Better Job Creators  was co-published by the International Trade Union Confederation, the World Resources Institute and the New Climate Economy, and released in mid-October.  The paper reviews a dozen studies from 2009 to 2020 and compares the job creation projections in Brazil, China, Indonesia, Germany, South Africa, South Korea, the United States and globally.  The analysis of these studies compares near-term job effects from clean energy versus fossil fuels, public transportation versus roads, electric vehicles versus internal combustion engine vehicles, and nature-based solutions versus fossil fuels – with the conclusion that greener investments create more jobs, dollar for dollar. The report also addresses the issue of job quality, and notes that in developing countries, many jobs are informal and temporary, with limited  access to work security, safety, or social protections. In developed countries, “new green jobs may have wages and benefits that aren’t as high as those in traditional sectors where, in many cases, workers have been able to fight for job quality through decades of collective action.”  One conclusion: “ Government investment should come with conditions that ensure fair wages and benefits, work security, safe working conditions, opportunities for training and advancement, the right to organize, and accessibility to all.”

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