OECD COP29 Virtual Pavilion

Jobs, skills and ensuring a just transition to a green economy

OnlineNov 20, 2024 | 1:30 PM - 3:00 PM

Jobs, skills & education

Description

The transition to net‑zero emissions by 2050 will profoundly impact the labour market. While the overall effects on employment are estimated to be limited, many jobs will be lost in high‑emission industries and many new jobs will be created in low‑emission sectors. Moreover, climate-related events are increasingly disrupting economies and societies worldwide. The challenge for policymakers is to design policies that help workers adapt to new tasks and secure employment in growing sectors of the economy. Moreover, policies must also enhance the resilience of the labour market to the increasing severity of extreme weather events. This session will explore the implications of the transition to net zero on the labour market and discuss some of the initiatives countries and companies are taking. These initiatives include equipping workers with relevant skills through adult learning and vocational education, and training programmes, as well as supporting displaced workers with income support measures and active labour market policies.

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