GRACELIN BASKARAN: Greening of African industry an antidote to economic woes

There are three words that have become synonymous with the continental development narrative: youth, jobs and energy. Though they are large areas, the nexus at which these strategic development priorities intersect — green industrialisation — may be an antidote to many economic woes.Green industrialisation seeks to decouple growth from emissions and environmental damage by using clean energy and green production technologies.

The jobs dimension is one of the most understated benefits of renewable energy. Global renewable energy employment reached 12.7-million people last year, including 4.3-million jobs in solar photovoltaic , the fastest growing sector; 2.4-million direct jobs in hydropower, including manufacturing, construction and installation and operation and maintenance; and 1.3-million jobs in wind power.The employment growth potential is significant.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BBC World Service - Business Daily, Why are African flights so expensive?✈️ How much did your last plane ticket cost? Plane tickets in Africa are around 45% more expensive than equivalent trips elsewhere, and it's often cheaper to fly out of the continent and back in. What's going on? $300 Sierra Leone 🇸🇱 has the expensive ticket 🎟️ in Africa ebklegacy POTUS sema mnasukama sana 😢 mtuachie afrika yetu promotions from outside companies
Source: BBCAfrica - 🏆 23. / 61 Read more »

South African business confidence falls further in March - SACCISouth African business confidence fell further in March, with power blackouts, rising interest rates and lower share prices on the Johannesburg bourse among factors weighing on sentiment, data showed on Tuesday.
Source: ReutersAfrica - 🏆 31. / 53 Read more »