The G20, a forum comprising the world’s major economies, holds the potential to steer a transformative shift towards green jobs in emerging economies.
This move is critical not only for economic growth but also for addressing the pressing challenges of climate change and achieving sustainable development goals. Green jobs, which contribute to the preservation of environmental quality, are integral to a green economy. They align development with equity by ensuring the creation of decent job opportunities for all. These jobs aim to reduce energy and raw material consumption, limit greenhouse gas emissions, minimise waste and pollution, and protect ecosystems. The concept has gained traction in the developed world, particularly in the energy sector, with forecasts indicating that green transitions will generate 24 million jobs by 2030.
Green jobs in emerging economies do not mirror their counterparts in developed nations. They may begin with roles such as green farmers and green fishermen, focusing on ecosystem services. Infrastructure is indispensable for emerging economies to create jobs in sectors that demand high-value skills, particularly in renewable energy. Investments in areas like transportation and smart electricity grids are prudent, considering the growing returns on green investments.
