In a resource-constrained world of an estimated 10 billion people in 2050 with the same material aspirations of today's high-income nations there is no question: The future economy will need to
The Paris Agreement lays out the objective of keeping global warming below 2 °C. The goal can be achieved by increasing both the share of renewables in the energy mix and energy efficiency. Such action entails a transformation of the energy sector, which, given its linkages with the rest of the economy, will have a knock‐on effect on other sectors. Using scenarios based on a multiregional input–output database, this article explores the economy‐wide and worldwide employment impact of such a transition. Findings suggest that by 2030 most economies will experience net job creation and reallocation across industries. Job creation is driven by the construction, manufacturing and renewables sectors.
Many jobs can be created by achieving sustainability in the energy sector. Limiting global warming to 2 degrees Celsius by 2100 will 24 million jobs in construction, electrical machinery manufacturing, copper mining, renewable energy production and biomass crop cultivation. 6 million jobs can be created by adopting the circular economy. Promoting sustainability in agriculture will change rural economies. Workers and employers are key actors in the transition towards environmental sustainability.
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