The Green Transition is no longer coming – it is here. And with the Green Transition comes a greater need for upskilling, reskilling, and training workers to new types of job roles. The transformation of skills and jobs needs to happen quickly, our whitepaper "Skills for the Green Economy" and LinkedIn’s Global Green Skills Report 2022 both found.
The Adecco Group paper reveals that without skills development, it is estimated that the global economy could shed as many as 71 million jobs in its move towards becoming circular. On the one hand, a green economy and a move towards a more sustainable future will no doubt affect the demand for skills in the labour market. On the other hand, progress towards a green transition would not even be possible without the right skills.
The shift to green jobs and skills is underway
Millions of workers have left their jobs amid a period of unprecedented instability and disruption in search of roles that offer a better work-life balance. From the “Great Resignation”, the pandemic-era phenomenon where millions of Americans voluntarily quit their jobs in 2021, to the “Great Reshuffle”, where employees are searching for more fulfilling roles and purpose in their work, to the green transition jobs.
Amid this “Great Reshuffle” and in addressing the climate crisis, how can we apply what we have learned so far?
“This green skills report is one way we’re doing our part,” says LinkedIn’s CEO, Ryan Roslansky. “We leverage our unique data and labour market expertise to highlight actionable insights that are crucial to delivering a successful green transition and avoiding potential pitfalls.”
“We expect to see millions of new jobs created globally in the next decade driven by new climate policies and commitments,” Roslansky reveals.
Why are green skills important?
The European Centre for the Development of Vocational Training (Cedefop) defines green skills as “the knowledge, abilities, values and attitudes needed to live in, develop and support a sustainable and resource-efficient society”.
Climate change is an emergency. Lack of food, water, and biodiversity, along with forced migration will have a devastating impact on our world if we don’t change our practices. Identifying, assessing and developing green skills is essential in transitioning to a low-carbon economy and capitalizing on all the benefits it has to offer socially, environmentally, and economically.
New environmental standards and regulations will lead to changes in products and services in the economy, as well as in jobs and skills in the labour market. We need to transform the skills and jobs people have if we want to achieve real change.
“It’s more than jobs — we need to zoom in on the skills that power these jobs,” says Roslansky “Green skills.”
The five trends that shape the green economy
According to LinkedIn’s Global Green Skills Report 2022 these are the trends defining the green economy:
1. Demand for green talent will soon outpace supply.
Green talent in the workforce worldwide is rising. The share of green talent increased from 9.6% in 2015 to 13.3% so far in 2021 (a growth rate of 38.5%).
2. Hiring of green talent is accelerating faster than overall hiring.
It seems this trend has been further accelerated by the pandemic, which shows that green talent has been relatively more resilient to an economic downturn than non-green talent.
3. There’s currently a good balance in the green skills that are needed.
Sustainability, Renewable Energy, Environmental Awareness, Environment, Health and Safety (EHS), and Corporate Social Responsibility comprise half of the top 10 in-demand green skills.