free account with membership 2019 prodigy

The World Energy Employment Report aims to deliver the most comprehensive assessment of the global energy labour market to date, and provide a foundational resource for policy makers, industry, jobseekers and students. To navigate the evolutions in the workforce on the horizon, decision makers require better visibility into energy employment today. While worldwide labour markets remain in flux since the start of the Covid-19 pandemic, energy has been among the fastest evolving industries globally in the last five years. Shortages of skilled labour across energy supply chains are already translating into project delays and impacting investment decisions in some sectors, such as oil, gas, and offshore wind. This builds on the unprecedented USD 710 billion governments made available to clean energy in the wake of the Covid-19 pandemic in the name of sustainable recoveries.Ĭompanies cannot respond to these market and policy signals without the skilled workforce needed to deliver these projects in the regions they are being developed. Governments are working with the private sector to localise production and address global supply chain weaknesses, both within fossil fuels and key clean energy segments, including the minerals critical to their manufacture. This creates urgent imperatives for the energy sector, some of which are accelerating the switch off fossil fuels, and others which are focused on shoring up security of supply.

However, this report also comes out amidst an energy crisis incurred by Russia’s invasion of Ukraine. In addition to these new roles, 16 million workers will require shift to work in clean energy segments, requiring additional skills and training. The IEA’s seminal report, Net Zero by 2050: A Roadmap for the Global Energy Sector (NZE Scenario), projects that the energy transition will create 14 million new jobs related to clean energy technologies and require the shift of around 5 million workers away from fossil fuel sectors. A paradigm shift in the energy workforce will require strategic foresight to train up the requisite workforce for deploying clean energy at scale as well as just transition policies that provide for employees negatively affected by these changes.

Countries representing over 70% of global emissions today have committed to net zero emissions targets by mid-century, which will create millions of new clean energy jobs around the world. Clean energy transitions and efforts to decarbonise energy are the prevailing trend reshaping global energy employment.

Free account with membership 2019 prodigy