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IKI-COBENEFITS Employment Impact Study: Renewable energy create more jobs than fossil fuels

The expansion of renewable energy in Vietnam will not only benefit the climate, but also the labour market – this is the conclusion of a study conducted by the global IKI project COBENEFITS. Depending on the energy scenario, the renewable energy sector could generate between 1.7 million and 1.93 million working years between 2015 and 2030 (one working year = one year full-time employment for one person).Consequently, the clean energy sector could create more jobs than fossil fuels. The biggest job potential can be deployed by advancing solar and wind energy, especially in the areas of manufacturing, construction and installation. The study is expected to be published at the end of July 2019.

Key findings of study were presented on 14 and 15 March 2019 as part of a training session for key Vietnamese stakeholders. The Institute of Labor and Social Affairs (ILSSA), a local research institute under the Ministry of Labour, Invalids and Social Affairs, conducted the study in Vietnam. ILSSA lecturers presented the results of the study to the 15 trainees. Practical exercises also provided basic methodological knowledge for estimating and calculating the employment effects of renewable energy in Vietnam.

The two-day training session was organized by the Renewables Academy (RENAC) in close collaboration with the project´s local focal point, Green ID. The IKI project “Mobilizing the Co-Benefits of Climate Change Mitigation through Capacity Building among Public Policy Institutions” (COBENEFITS) addresses policy makers from various ministries in Vietnam, India, South Africa and Turkey. The project will carry out further capacity building training in Vietnam in 2019. Interested climate policy stakeholders can also apply to participate in co-benefits online courses via the RENAC website  (https://www.renac.de/projects/current-projects/cobenefits/online-trainings/).

 

Further information:

 

Contact: Roman Buss, Renewables Academy (RENAC) buss@renac.de; Nguy Thi Khanh (Ms) Green Innovation and Development Centre (GreenID) ntkhanh@greenidvietnam.org.vn

 

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In charge of this newsletter:
Daniel Herrmann, IKI.vietnam@giz.de
IKI Interface Vietnam
GIZ Office Vietnam
Project “Support to Vietnam for the Implementation of the Paris Agreement II” (VN-SIPA II)

Editor: Tran Xuan Quynh

Photo Credits:
GIZ, Climate-smart agriculture for ethnic minorities in central Viet Nam, DeRISK SE, ETP, Café REDD, Pixabay

The IKI Vietnam Newsletter is administered by the IKI interface in Vietnam hosted by GIZ. It informs regularly about news of climate change and biodiversity projects in Vietnam financed by the International Climate Initiative (IKI). The International Climate Initiative (IKI) is an important part of the German government’s international climate finance commitment. Since 2022 the IKI is implemented by the Federal Ministry for Economic Affairs and Climate Action (BMWK) in close cooperation with the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) and the Federal Foreign Office (AA).

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