Green Economy can Generate Sixty million Jobs – ILO

A recent study in Europe disclosed that a gain of one per cent in energy and material efficiency could generate up to 200,000 additional jobs. This was reported by International Labour Organisation that the transition to green economy is capable of generating up to 60 million jobs in 20 years.
According to a statement on its website, the organisation said the increasing shift to a greener economy in many countries signified a change in investments and policies towards clean technologies, energy and resource-efficient infrastructure.
The ILO Director-General, Guy Ryder, said “Greener economies can be engines of growth in both advanced and developing economies. They can generate decent green jobs that contribute significantly to poverty eradication and to social inclusion. The Global Academy on the Green Economy offers a unique opportunity to facilitate global experience sharing and peer-to-peer learning’’.
This scheme can also aid the adoption and implementation of efficient national policies by creating a stronger global community with the common purpose of advancing the green economy with decent jobs, said Ryder.
However, the labour organisation said inclusive green growth should entail environmental protection, social inclusiveness, well-functioning ecosystems, a skilled labour force, strong institutions and good governance.
In order to achieve this, ILO said the transition would involve strong commitment and cooperation at the national level among government agencies, the private sector and the civil society.