Bold climate action could create more than 65 million new jobs by 2030, many of them in sustainable infrastructure fields like clean energy, public transit and efficient buildings. However, as part of a just transition, it is imperative to ensure that men and women benefit equally from these new jobs – especially as women have historically been left out of traditional infrastructure fields.
Females hold only 17.5% of jobs in the EU’s transport sector and represent only 20-25% of the workforce in the energy sector. Ensuring that women have more opportunities in sustainable infrastructure projects can spur economic growth, improve environmental outcomes and generate social benefits for all.
Research from the New Climate Economy shows that women’s equal participation in the economy could boost global GDP by as much as $28 trillion per year by 2025 and improve companies’ profits. Plus, more women on boards in the energy sector can bring higher returns on both equity and investment.
Read the full article by Ayushi Trivedi, Ginette Walls and Rachel Spiegel here.