Does climate action destroy jobs? An assessment of the employment implications of the 2‐degree goal

Guillermo Montt, Kirsten Wiebe, Marek Harsdorff, Moana Simas, Antoine Bonnet and Richard Wood

International Labour Review, 2018, vol. 157, issue 4, 519-556

Abstract: The Paris Agreement lays out the objective of keeping global warming below 2 °C. The goal can be achieved by increasing both the share of renewables in the energy mix and energy efficiency. Such action entails a transformation of the energy sector, which, given its linkages with the rest of the economy, will have a knock‐on effect on other sectors. Using scenarios based on a multiregional input–output database, this article explores the economy‐wide and worldwide employment impact of such a transition. Findings suggest that by 2030 most economies will experience net job creation and reallocation across industries. Job creation is driven by the construction, manufacturing and renewables sectors.

Date: 2018
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