1. Themes
  2. Just Transition
  3. Transition-ready skill and labour market

Transition-ready skill and labour market

Investing in training programs that develop clean energy and climate-related skills is vital for a just transition, ensuring those impacted by the decline of fossil fuels have fair access to emerging opportunities

2030 Goals

01

Establish comprehensive, well-funded training programs to build the workforce needed for the climate transition and enable workers displaced by the decline of fossil fuels to transition seamlessly into emerging roles in clean energy and climate sectors. -Global stakeholders must work toward a unified funding strategy to support large-scale reskilling efforts, ensuring that the workforce is fully prepared to capitalize on the green economy's potential.

Status

No Progress

The International Labour Organization (ILO) estimates that transitioning to a green economy could generate approximately 24 million new jobs worldwide by 2030. However, achieving this potential will require significant investment in reskilling workers, and there is not yet a strong global consensus on how to fund these vital training programs.

Leading Actors

Cooperation is required between these actors and audiences to drive progress foward in Transition-ready skill and labour market.

Multilateral Development Banks

African Development Bank (AfDB)

Multilateral Development Banks

European Bank for Reconstruction and Development (EBRD)

Multilateral Development Banks

World Bank

Multilateral Development Banks

Inter-American Development Bank (IDB)

Multilateral Development Banks

Agence Française de Développement (AFD)

International Organizations

International Labor Organization (ILO)

International Organizations

Food and Agriculture Organization of the United Nations (FAO)

International Organizations

OECD

International Organizations

UNICEF

International Organizations

UNEP

International Organizations

UN Women

Leading Countries

Angola

Leading Countries

Colombia

Leading Countries

Egypt

Leading Countries

European Union

Leading Countries

France

Leading Countries

Indonesia

Leading Countries

South Africa

Leading Countries

Spain

Leading Countries

Germany

Leading Countries

Canada

Leading Countries

United Kingdom

Supportive Stakeholders

World Economic Forum (The Reskilling Revolution)

Supportive Stakeholders

Climate Investment Funds

Alliances

Global Accelerator on Jobs and Social Protection for Just Transitions

Alliances

Global Partnership for Universal Social Protection

Supportive Stakeholders

World Resources Institute (WRI)

Supportive Stakeholders

Human Capital Project Network

Key Milestones

Showcasing the key reform milestones for Transition-ready skill and labour market that have been addressed at global events.

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Washington, DC

WBG/IMF Annual Meetings

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  • Green Supply Chains

     The case for diversified supply chains was discussed. It was highlighted that supply chain diversification strengthens resilience but comes at the cost of efficiency; a tradeoff that can be eased with the help of targeted policies.

  • Transition-ready skill and labour market

    1. Discussions highlighted a clear focus on skills for future, while exploring the role of flexible pathways and partnerships between government employers to prepare workers for tomorrow’s in-demand jobs. 2. CSOs raised the demand of reparations from IFIs and rich Global North countries and emphasized the need of a Just Transition Agenda ensuring protection of people’s rights and equitable sharing of costs and benefits.

Learn More

Publications and educational material to deepen understanding of Transition-ready skill and labour market.

Just Transition Planning Toolbox

Transition-ready skill and labour market

Supports practitioners in planning for equitable and sustainable transitions in regions and sectors facing structural change.

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Skills Development for a Just Transition

Transition-ready skill and labour market

This policy brief presents the linkages between just transition and skills development, providing stakeholders with information and recommendations for implementation.

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Skills for a greener future: a global view

Transition-ready skill and labour market

The first global report on the implications of the transition to low-carbon and resource-efficient economies for skills, gender and occupations.

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Just Transition Taxonomy

Transition-ready skill and labour market

This report contextualizes the Just Transition Taxonomy by examining coal’s role in the global energy system, international coal phaseout commitments, and the principles of a just transition, providing a framework to identify activities aligned with an equitable shift away from coal-based energy.

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Related Topics

Transition-ready skill and labour market | Climate Finance Reform Compass