IMF Working Papers

Jobs Impact of Green Energy

By Jaden Kim, Adil Mohommad

May 27, 2022

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Format: Chicago

Jaden Kim, and Adil Mohommad. Jobs Impact of Green Energy, (USA: International Monetary Fund, 2022) accessed September 19, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

This brief paper accompanies the Green Energy and Jobs tool, which is a simple excel-based tool to estimate the job-creation potential of greening the electricity sector. Specifically, it calculates the net job gains or losses from increasing the level of energy efficiency, and from increasing the share of clean and renewable electricity generation in the total electricity output mix. The tool relies on estimates of job multipliers in the literature, and adds evidence from firm-level data on the job-intensity of different energy sources. The paper illustrates applications of the tool using data from the IEA’s Sustainable Development Scenario compared to business-as-usual. This tool is intended to help country teams engage further on climate change issues in bilateral surveillance.

Subject: Commodities, Electricity, Environment, Job creation, Labor, Non-renewable resources, Renewable energy, Technology

Keywords: Electricity, Electricity generation, Electricity sector, Global, Job creation, Job multiplier, Jobs, Jobs tool, Net job gain, Non-renewable resources, Renewable energy, Sustainable development

Publication Details

  • Pages:

    17

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Working Paper No. 2022/101

  • Stock No:

    WPIEA2022101

  • ISBN:

    9798400210631

  • ISSN:

    1018-5941