How To Deal With Employment Crises And Climate Change COVID-19? Invest In Clean Energy

During covid, there has been a lot of impact on the economy of the country and during the same time there has been a lot of impact on employment, which we are going to know in this blog, basically in this blog you will be told how you can deal with the problem of employment crisis. Is

Investing in clean energy could help offset the slowdown caused by the COVID-19 pandemic as it will add more jobs backed by fossil fuels, researchers said Monday.

A report by the US -based think tank World Resource Institute (WRI) says, “Green investment can be an important part of the recovery package, leading to job creation and positive economic outcomes and helping tackle climate change.”. ”

But to spur growth after millions lost their jobs during coronavirus closures around the world, governments are spending more on heavy-carbon industries that don’t address climate change and don’t give workers sustainability.

Analyzing more than a dozen studies done in the past decade, the WRI report estimates that a $ 1 million green investment will create more short -term jobs than the amount invested in roads and fossil fuels.

But the quality of jobs created in climate -positive regions should be protected by ensuring fair wages and working conditions, the report said, which called on the government to engage with trade unions and employers on the issue.

Researchers say that as the world struggles with rising heat and more extreme weather as well as job losses, greening will provide an opportunity to overcome both of those problems.

“Investing in a climate is not a cost but an economic opportunity,” Joel Jagger, lead author of the WRI report, told the Thomson Reuters Foundation.

According to the International Labor Organization, the outbreak eliminated nearly 255 million full -time jobs last year and caused revenue losses of about $ 3.7 trillion for workers worldwide.

But the stimulus package to revive the pandemic -hit sector tells the story of green apathy, the WRI report said.

According to data from the Energy Policy Tracker cited in the report, industries that rely on fossil fuels have amassed $ 334 billion in government investment, compared to $ 276 billion for renewable energy and public transportation.

It is estimated that Indonesia could add 15.3 million jobs by 2045 and the United States could add 4.5 million jobs per year over 10 years if those countries invest in clean energy and implement low-carbon development strategies.

pandemic benefits
The report says climate -friendly industries have offered better jobs and salaries during the outbreak.

For example, electric vehicle manufacturing in China has attracted people because of high wages, and in Pakistan, the country’s $ 135 million investment in plantations and forest protection has created 85,000 daily wage jobs in the past year.

More broadly, investment in the manufacture of solar-photovoltaic equipment generates 1.5 times more jobs than the amount spent on fossil fuel production, while for wind energy the amount is 1.2 times, according to a study analyzed by WRI. Find out from.

According to the International Renewable Energy Agency, which promotes clean energy and technology, the renewable energy sector has increased the number of jobs in recent years to 11.5 million in 2019, up from 11 million the previous year.

Jaeger researchers say installing solar panels or re -installing buildings to make them more energy efficient is a labor -intensive activity that has the potential to create more jobs.

The report urges that communities and workers who depend on fossil fuels should be retrained and offer alternative lifestyles as the world transitions to clean energy while ensuring quality jobs in renewable energy.

“We should avoid a race to the bottom line where a reduction in the cost of green technology is achieved by cutting wages, job security or working conditions,” the report said.

‘Winners and Lossers’
Proponents say the transition from coal, gas and oil to green energy will create millions of new jobs, redeeming those lost in dirty areas.

But the transition faces political resistance as well as opposition from those whose livelihoods depend on mining and fossil fuel extraction.

Researchers studying coal -dependent communities around the world warn that change will not be quick or easy.

“More and more studies show that there will be more jobs in renewable and clean energy – but they won’t go to the same people who will lose jobs in fossil fuels,” said Sandeep Pai of the Washington -based Center for Strategic and International Studies. .

New jobs will not necessarily be created in the same geographic location, and some of them – such as making solar panels – may not provide high -skilled and sustainable jobs.

“When countries are carbonated, there will be winners – more jobs for people, healthier air and water – but (the losers) will be huge,” Pai said, referring to efforts to diversify the economy of coal -rich regions. Called to start immediately.

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