UNIDO: industry driver of job creation

  • 📰 TheNationNews
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 69%

United States News News

United States United States Latest News,United States United States Headlines

The Nation Newspaper UNIDO: industry driver of job creation

Every manufacturing job has the potential to generate more than two jobs in other sectors of the economy, the 2024 edition of the Industrial Development Report by the

The report, which was released on Tuesday and accessed by The Nation, shows the transformative potential of modern industrial policies to offer novel solutions to current global challenges, from resource scarcity and climate change to widening socioeconomic disparities and a growing world population.

Müller, however, said a precondition is access to sustainable energy for all because energy is the basis of any and all development. “Moreover, the growing population in developing countries will need decent jobs and industry can provide these,” he added. IDR24 emphasises why and how modern industrial policies must leverage megatrends such as the energy transition, the Fourth Industrial Revolution , global trade rebalancing and demographic shifts.The report said such policies must not only be Sustainable Development Goals -oriented, but also future-ready, collaborative, and regionally coordinated.

“There has been significant progress in infrastructure, energy and resource efficiency over the past decade, with great opportunities for transformative economic growth by leveraging abundant renewable resources to leapfrog into clean industrialization,” the report said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines