This article from Future Net Zero explains that research recently published by UK100 suggests the urgency to meet our net-zero goal by 2050 could generate 455,076 jobs in the construction and property sectors alone. UK100 is a network of local government leaders who have pledged to secure the future for their communities by shifting to 100% clean energy by 2050. The article confirms that at least three million jobs will be in demand or created by moving to a green economy across a range of sectors. It is suggested that a £5 billion investment by the government could unlock £100 billion of private sector investment towards meeting the net-zero by 2050 goal.
Polly Billington, Director of UK100 said: “From Essex to Edinburgh, the move to a greener economy will create thousands of new jobs. By unlocking private sector investment through a Net Zero Development Bank, we can reduce the taxpayer burden and ensure the money is spent prudently by disciplined allocators of capital.” Read more here.
The government recently announced an expansion of education for adults. Those over the age of 18 who do not hold an A-Level qualification (or equivalent), will be offered a free, fully funded college course. The objective is to provide more skills and training to help the country 'build back better'. The offer will be available from April and courses included in the offer will be set out shortly. Hopefully, this could help contribute towards building a ‘retrofit army’ as described in the article from Future Net Zero, above. Read the press release here.