Projects: Finance | Overview | Technology | Economic Opportunity

Economic Opportunity

New technology promises opportunities for economies to develop new markets and diversify and create new jobs, but these will not be realised without government intervention. Our ongoing study of low-carbon employment in the energy sector argues that the bolder government policies to promote rapid growth in climate-friendly innovations and industries are, the higher the likelihood of new job creation on a significant scale.

The work also suggests that because of the openness of global markets, creating demand in one country will generate employment opportunities elsewhere. Since interconnectedness requires policy coordination, governments will need to work together if the benefits of low-carbon development are to be widespread and evenly distributed.

By the end of 2010, members of the Global Climate Network will have each published 'shadow' low carbon industrial strategies to help ensure governments are able to capitalise on the opportunities available to them in a new global low-carbon economy.

Read our report: Creating Opportunity: Low carbon jobs in an interconnected world