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Transforming a Billion Lives: The Job Creation Potential from a Green Power Transition in the Energy Poor World [1]

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Date: 2025-02

30 x

The Covid-19 crisis has resulted in millions of jobs lost across the developing world, with the most vulnerable communities hardest hit, including young people, women, and low-paid and low-skilled workers. There is nothing inevitable about these developments – they can and must be reversed.

According to the recent report from the UN’s climate science body, human-induced climate change is already affecting many weather and climate extremes in every region across the globe. Within this context, the high carbon intensity of the recovery in many geographies is another worrying trend, underlining the urgent need for a global energy transition.

Over the past decade, renewable power generation technologies have rapidly displaced fossil fuels as the most cost-effective building block for economic development. Distributed renewable energy technologies (DREs), in particular, have become a faster, nimbler, and more cost-effective solution for driving inclusive growth and reaching underserved populations.

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[1] Url: https://www.rockefellerfoundation.org/report/transforming-a-billion-lives-the-job-creation-potential-from-a-green-power-transition-in-the-energy-poor-world/

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