Latin America can generate millions of jobs and mitigate labor costs derived from environmental problems if it undertakes an urgent transition to a green economy, the International Labor Organization (ILO) said in a statement released in Lima on Monday, May 21.
As a result of the publication of the report “Environmental sustainability with employment”, the director of the ILO for Latin America and the Caribbean, José Manuel Salazar-Xirinachs, affirmed that a sustainable and friendly economy towards the environment can bring many benefits to the countries region.
The ILO report highlighted that efforts to combat climate change by 2030 will generate a positive balance of 18,000 million jobs in the construction and manufacturing sectors worldwide.
Salazar-Xirinachs indicated that it is necessary to take measures to take advantage of the enormous opportunities posed by environmental sustainability, but also to effectively face their threats in the transition of traditional industries and greener industries.
For his part, the ILO specialist in labor econometrics, Guillermo Montt, explained that “in Latin America and the Caribbean will generate at least one million jobs as a result of the use of renewable energy, greater energy efficiency in buildings and the higher demand for electric cars.”
Likewise, the study indicated that Latin America could generate another four million jobs with the development of the so-called “circular economy”, which promotes reuse, repair, recycling and greater durability of goods.
Montt emphasized that the transition to the green economy implies changes in almost all economic sectors, including energy, agriculture, transport, construction, mining and fishing.
He added that those jobs that would be lost would be in industries related to this environmental problem, such as hydrocarbons. (I)