Energy scenario: employment implications of the Paris Climate Agreement

For Eurofound, the European Foundation for the Improvement of Living and Working Conditions (an agency of the European Union), Cambridge Econometrics prepared projections for the number and type of jobs that could be available in Europe in 2030 if the Paris Climate Agreement were successfully implemented.

The study found that a transition to a low carbon economy would be beneficial overall both to employment and the EU economy, with a boost to EU28 GDP of 1.1% (compared to baseline) by 2030.

For more information and to download the full report please see the Eurofound website.

The scenarios were carried out using the E3ME global macro-sectoral econometric model and combined with Eurofound’s European Jobs Monitor to examine the tasks and skills content to inform its research project The Future of Manufacturing in Europe.

The Future of Manufacturing in Europe includes two further studies: one looking at the consequences of the spread of protectionist global trade policies and the second exploring the impact of an acceleration in the adoption of automation and digitalisation technologies – both due to be published in Spring 2019.

Richard Lewney Chairman rl@camecon.com