What is Green Collar Economy?
The green collar economy is the term used to describe the emerging sector that is created by the intersection of technology, sustainability and green business practices. At its core, the goal of a green collar economy is to reduce the adverse environmental and social impacts while driving sustainable economic growth.
Growth of Sustainable Industry
In the past decade alone, we have seen substantial growth of the sustainable industries such as renewable energy. Solar panel installation, in particular, has experienced monumental growth worldwide. The rising demand for renewable energy creates numerous employment opportunities, positioning solar technicians, wind farm maintenance experts, and manufacturing personnel for a bright employment outlook in the years ahead. By 2021, renewables accounted for at least half of the $120 billion in new-energy installations.
This sustainable industry growth benefits from not only the positive impacts of the environment ‘ but even also as it drives development of advanced manufacturing, material, technology and innovation.”
Clean Energy Outlook: Workforce and Talent Demand
In line with the fast-rising demand for these sectors comes a pressing job creation task. Renewable clean energy now is a multitrillion-dollar industry today with expected growth of jobs for all professionals. While in various areas, engineers and manufacturing personnel are also included for job opportunities by new materials, advanced nanomaterials, the integration with IoT, emerging clean fuel technology, along with grid-scale energy applications.