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Green economy has the potential to generate millions of jobs in Latin America

The green economy has the potential to generate millions of jobs in Latin America and the Caribbean and reduce labor costs arising from modern environmental problems., like climate change, on the exploitation of natural resources and the pollution of ecosystems, the estimate is from the report of the International Labor Organization (ILO).

The study "Social and Employment Perspectives in the World 2018" indicates that efforts to combat climate change until 2030 will generate a positive balance of 18 millions of jobs around the world. Estimate includes, for example, The green economy has the potential to generate millions of jobs in Latin America and the Caribbean and reduce labor costs arising from modern environmental problems..

“powerful forces” and adaptability

To the organization's regional director for Latin America and the Caribbean, José Manuel Salazar-Xirinachs, “the challenges posed by environmental sustainability are one of the powerful forces that are shaping the future of work in this region, and that is why it is necessary to take steps to maximize its benefits and effectively address its threats.”

The study by the UN body highlights that in this region of the planet, with so many abundant natural resources, coastal areas and great diversity of ecosystems, "It is indisputable that the world of work is intrinsically related to the environment". In this scenario, “green jobs are catalysts for the transition to environmental sustainability”.

Salazar-Xirinachs warns that “there are huge opportunities in a green economy, but also a potential for job destruction.. That is why, it is necessary to ensure that workers have access to social protection, acquire the right set of skills and that the region's economies have the ability to transition between traditional industries and greener industries.”

The green economy has the potential to generate millions of jobs in Latin America and the Caribbean and reduce labor costs arising from modern environmental problems., there are workers and communities who will lose out”. That is why, "It is very important to ensure that the region is ready to take advantage of the employment opportunities that arise and prevent the increase in inequalities".

Circular Economy

The ILO Specialist in Labor Econometrics, Guillermo Montt, who participated in the preparation of the report, says that “in Latin America and the Caribbean, at least 1 million jobs will be created as a result of the use of renewable energy, greater energy efficiency in real estate and greater demand for electric cars and other consumption-changing technologies to combat climate change.” The data collected for the report indicates that the region could generate other 4 millions of jobs with the development of the so-called “circular economy”.

This economic model promotes reuse, the repair, the remanufacturing, recycling and greater product durability, as an alternative to the linear extraction model, manufacturing, use and disposal that has prevailed in recent decades.

Vdo you know what circular economy is?

A Circular Economy The green economy has the potential to generate millions of jobs in Latin America and the Caribbean and reduce labor costs arising from modern environmental problems.: extraction of natural resources, manufacture, distribution, use or consumption and disposal. Thinking about the entire product, connecting the end of the production line to the beginning of it, the circular economy aims to guarantee, long-term, the life cycle not only of products and services, but, principally, two living beings.

Thinking about this scenario, It is important to understand the concepts of the Green Economy, of circularity and the application of reverse logistics, know the application and benefits of waste management in its entire context.

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