Investing 2% of GDP over the next five years in 12 countries will create up to 48 million jobs over five years
New Report: Growing Green and Decent Jobs
18 April 2012: A new ITUC report with economic analysis commissioned by the Millennium Institute shows how investing 2% of GDP in the green economy in each of the next five years in 12 countries could create up to 48 million new jobs over five years.
The report analyses 7 industries in 12 countries across Asia-Pacific, Africa, the Americas and Europe.
For the first time economists have used the number of jobs that can be directly created from investments as a key indicator to analyse the impact of the green economy on creating decent jobs. Unions can now make the employment case for investments in the green economy with the international community, governments and business.
“Trade union leaders can use this report in negotiations on investment and job creation with employers and governments alongside national social policies, ” said Sharan Burrow, General Secretary ITUC.
Union leaders are meeting with governments to urge them to drive investment of GDP in the green economy ahead of the G20 Summit and Rio+20 Summit in June where commitments will be made on green growth and decent job creation.
The report ‘Growing Green and Decent Jobs’ will be released at the Congress of the ITUC Americas Regional Organisation TUCA in Brazil, followed by launches in Asia, Africa and Europe.
Read the report here
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