The transition to a green economy naturally changes the employment market, with the International Labour Organization finding that the shift to a green economy will result in 0.5-2% in employment gains, translating into 15-60 million additional jobs globally. Likewise, IRENA studies have found that jobs in the renewable energy industry alone are growing by over 5% per year.
There will, however, be certain economic sectors that will likely see a reduction in their workforce as a result from this transition. Retraining and learning ‘green’ skills would make employees and employers alike more competitive and adaptive to this economic shift and is therefore crucial for businesses. Online courses and training exist to assist employees and businesses adapt their skills.