2 June 2022; 3:00 – 4:30 PM
Venue: Tonino Lamborghini International Convention Center Sharm El Sheikh (Sinai Hall)
OVERVIEW:
The concept of a resilient economy has become increasingly important since the 2008 financial crisis. With the onset of the COVID-19 pandemic, many jobs disappeared leading to a rise in unemployment rate. Experts believe that one of the most adequate solutions is to redirect the capital towards sustainable economic sectors that have a significant potential to generate green jobs. The green economy is characterized by a considerable increase in investment in economic sectors that supports the natural capital of earth or contribute to reducing environmental deficiencies and environmental threats. Moving towards a more circular economy could deliver benefits such as reducing pressure on the environment, improving the security of the supply of raw materials, increasing competitiveness, stimulating innovation, boosting economic growth, and creating decent jobs. When seeking to promote sustainability in the transportation sector it is important also to pay attention to employment outcomes and to policies that support job creation and decent work.
KEY ISSUES TO BE ADDRESSED:
- How does technology adoption in large conventional sectors affect efficiency and value-addition?
- How can technology enable business continuity and provision of goods and services during times of crisis?
- How could the utilization of data increase social and environmental benefits?
- How does a synergy between the public and private sectors allow for faster technology adoption in the different economic sectors?
- How green is the labor market? What are the environmental properties of jobs, and how do those properties vary across economies and sectors? How are they associated with demographic characteristics (such as educational attainment and urbanicity) and earnings?
- How do environmental policies affect the reallocation of workers into greener jobs? Can policies help make the labor market greener? Is the effectiveness of such policies affected by an economy’s labor market policies and structural features? What are the consequences for overall employment and income distribution?