"With the adoption of the European Green Deal (EGD) as its growth strategy, the EU bolstered its commitment towards a more sustainable economy and society. As underlined by global leaders at the COP26, the green transition means investing in bettering the lives of all citizens and workers, bringing about new jobs and better opportunities and life conditions. As with all investment policy decisions, understanding future trends and possible bottlenecks is crucial to facilitating the green transition. This is not only for making policy choices prudently, but also to be able to focus on success drivers and to build on existing green capacities in the economy and society. Becoming ‘greener' will bring about such profound changes in technology, design, production, services, consumption and investment that it is impossible to achieve without sufficiently skilled people. The skills forecast scenario presented in this report looks at the implications of the European Green Deal from a vocational education and training (VET) and skills perspective. Insights into the main green transition employment trends aim to inform policy-makers, social partners, education and training providers and individuals about where upand re-skilling should focus to ease employment and career transitions. A key scenario finding is that reaching the EGD goals is possible, with reasonable and attainable adjustment of relevant policies. The scenario also shows that the European Parliament's more ambitious goal of 60% reduction in greenhouse gas emissions by 2030 (compared to 1990) is also achievable with a reasonable uptake of renewables and technologies that lead to improved energy efficiency. Over the entire forecast decade, employment with the implementation of the EGD is higher than without it. The expected 1.2% additional employment growth up to 2030 associated with meeting the EGD targets, translates into approximately 2.5 million additional jobs in the EU. The fluctuation in additional employment growth at EU and sectoral level is likely a result of life cycles in implementing new technology. Expected additional employment growth is more pronounced in 2021-22, slows down in the middle of the decade and then accelerates from 2026 onwards."

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ISBN (PDF) : 978-9289632836