Green economy energy jobs and green economic growth

Green economy: energy, jobs and green economic growth Sue Ferns Head of Research and Specialist Services

What’s at stake • Environmental goods and services sector worth $800 bn by 2015 • UK forecasts 60% growth in jobs in 10 years to 2015 • Excludes other key sectors and value of supply chains

Labour in government • Energy White Paper 2007 • CEMEP Report 2007 • Climate Change Act 2008 • New Industry, New Jobs 2009 • Energy Act 2010

Unlocking green enterprise – tackling the recession Commitment to delivery of envirnmental policy A central role for the state Increased support for innovation / R&D Ensuring the skills base

Just transition: a green and fair Long term planning future framework Education and training Decent jobs Greening the workplace Transition packages for workers Support for communities Funding Monitoring and research

Skills • STEM skills at core of green economy: in high demand from other sectors of national and global economies • Industry-wide challenges from ageing workforce and under-representation of women and BME groups. • The current demand-led skills delivery framework is ill equipped to anticipate and respond to importance of sustainability skills • Current skills infrastructure not well suited to reaching and upskilling those already in workforce • Government does not have sufficient in-house expertise to act as intelligent customer

Congress policy • Reforms to support a stable floor price for carbon • Regulatory framework to encourage investment in staff, skills and infrastructure renewal • Strategic government support to stimulate innovation and UK supply chains • A binding global carbon reduction agreement to prevent carbon leakage