Francesco La Camera Discusses China's Renewable Energy Job Growth Amidst Economic Challenges
The Rise of Renewable Energy Employment in China
Francesco La Camera indicates a significant growth in renewable energy jobs in China, totaling 7.4 million in 2023, representing 46% of the global total. This figure highlights a 32% increase compared to 2022, as per insights from the International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO).
Contrasting Economic Landscape
- Despite the booming renewable sector, youth unemployment rates have surged to 17.6% for ages 16-24.
- China continues to lead with close to two-thirds of new global installations, enhancing clean energy’s role in the economy.
Key Industries and Future Outlook
Employment in renewable energy grew globally by 18%, reaching 16.2 million jobs. The dominant growth in China comes from the rapidly expanding solar photovoltaics (PV) sector, supporting 5.1 million jobs in China alone.
- China’s solar capacity addition reached 217 gigawatts last year.
- Wind sector jobs saw China contribute 52% of the 1.5 million jobs created globally.
Future Skills and Economic Contributions
The clean energy sector contributed an astonishing 11.4 trillion yuan (US$1.6 trillion) to China's economy, making up 9% of GDP. The transition to clean energy is crucial in ensuring a just economic landscape amid shifting job markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.