On a per capita basis, the UK commits only 6% of the amount of funding for the green recovery of Covid-19 pledged by the US, and only 13% of that pledged by Italy.

Increased investment to match G7 peers could help UK create 1.24 million green jobs, TUC report says

It depends a damning new report of the Trade Union Congress (TUC) today (June 1).

Posted ahead of the G7 summit, which begins in Cornwall on Friday, June 11, the report assesses how many ‘green’ Covid-19 stimulus measures have been proposed by each of the G7 governments. Activities classified as “green” include renewable energy production and related infrastructure, energy efficiency, electric cars, nature conservation and restoration, public transport and active travel. Funding is assessed both at the total level and per person.

On a total funding level, the UK is in the bottom of the seven, with £ 12.13 billion pledged. The TUC has represented the £ 12 billion ten-point plan and a handful of other programs, including the now-closed Green Homes Grant and the Public Sector Decarbonization Program. The top three countries in terms of total funding are the United States (£ 971.75 billion), Italy (£ 83.87 billion) and Germany (£ 49.39 billion).

The UK is second to last in the per capita cash flow table, only Japan faring worse. While the UK Treasury invests £ 180 per person, the US plans to allocate more than £ 2,960 per person and Italy has allocated more than £ 1,380 per person.

According to the TUC, the UK could increase its portfolio of quality green jobs tenfold if it chooses to increase its investments to match the better half of the G7 table. The trade body predicts that current plans will create 44,000 new jobs by 2030, but that number could exceed 338,000 if the investment matches Canadian proportions, or 712,000 if the investment matches Canadian proportions. American.

These numbers cover roles that “would last a decade”; temporary roles associated with construction phases or testing are not counted. When such roles are added, the potential rises to 1.24 million jobs. The TUC highlights particular opportunities in the areas of low carbon steel, hydrogen, electric vehicles (EVs) and tidal power.

The Conservative government’s main commitment to green jobs is to host two million jobs by 2030. Organizations such as the TUC, the Aldersgate Group and IEMA have warned that it is currently far from realizing this vision.

“Good green jobs should be at the heart of our economic recovery from the pandemic, but the Prime Minister’s plans are far from ambitious enough,” TUC General Secretary Frances O’Grady said.

“The government should look to the rest of the G7 and invest more money in green jobs and infrastructure. It’s a chance to replace jobs lost in the pandemic and level the UK.

“Every area needs good green jobs close to home. We can revitalize cities and communities that have lost their traditional industries and provide better jobs for people. millions of precarious jobs on the wages of poverty. “

The current state of affairs

The government recently launched a Green Jobs Task Force – a coalition of businesses, education providers and NGOs.

The work of the organization is to help the unemployed and those in industries in transition to new skilled jobs, while developing a roadmap to intensify this work in the long term. The task force, however, has no legal authority to hold ministries to account.

Before the pandemic, government figures revealed that UK green economy revenue was just 1% of domestic non-financial revenue. Similar surveys of official employment figures have found that while national jobs in the renewable energy sector have grown year on year in 2018 and 2019, they ultimately declined from 2014 levels.

The publication of the Hydrogen Strategy and the Heat and Buildings Strategy, both imminent, may well increase funding for some of the focal points of the ten-point plan, giving investors and businesses the certainty to change supply chains and skill pools. The transport strategy is also planned for this parliamentary session.

Sarah george

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