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dc.titleLabor Markets and Climate Change: How to Adapt Labor Market Policies and Improve Employment Opportunities?
dc.contributor.authorBaptista, Dulce
dc.contributor.authorSandoval Ayala, Juan Manuel
dc.contributor.authorNoh, Heewan
dc.contributor.authorNovella, Rafael
dc.contributor.orgunitLabor Markets Division
dc.contributor.orgunitClimate Change Solutions Division
dc.coverageLatin America and the Caribbean
dc.date.available2024-04-05T00:04:00
dc.date.issue2024-04-05T00:04:00
dc.description.abstractIn the wake of a robust economic recovery from the COVID-19 pandemic in 2021 and 2022, Latin America and the Caribbean (LAC) now face a less promising growth outlook for 2024, with slowing employment growth and rising concerns over inflation. In this context, climate change is increasingly affecting labor markets. As global temperatures continue to rise due to human-induced greenhouse gas emissions, the negative effects on employment, labor conditions, and productivity pose significant threats to the region's workforce. However, amidst these challenges lies an opportunity for strategic intervention through effective labor market policies. By embracing adaptation and mitigation strategies, such policies can not only mitigate the adverse impacts of climate change on employment but also catalyze job creation, skills development, and economic resilience. Decarbonization policies, while potentially disrupting traditional employment sectors, present avenues for transitioning to a green economy with sustainable job opportunities. Central to this endeavor is ensuring a just transition that protects vulnerable populations and fosters social cohesion. This paper proposes an analytical framework to understand the mechanisms through which climate change affects labor markets and identifies policy options to address these challenges. By integrating environmental goals into labor market policies, countries in the Latin America and the Caribbean region can simultaneously pursue adaptation, mitigation, and socioeconomic development agendas contributing to a more sustainable and equitable future.
dc.format.extent52
dc.identifier.doihttp://dx.doi.org/10.18235/0012889
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Labor-Markets-and-Climate-Change-How-to-Adapt-Labor-Market-Policies-and-Improve-Employment-Opportunities.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Los-mercados-laborales-y-el-cambio-climatico-Como-adaptar-las-politicas-laborales-y-mejorar-las-oportunidades-de-empleo.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectLabor
dc.subjectLabor Market Policy
dc.subjectLabor Market
dc.subjectClimate Change
dc.subjectLabor Force
dc.subjectLabor Policy
dc.subjectDisaster
dc.subjectSkills
dc.subjectBiodiversity
dc.subjectDecarbonization
dc.subjectGreen Job
dc.subjectFuture of Work
dc.subjectLow-Carbon Economy
dc.subjectEquality
dc.subjectSocial Equity
dc.subjectEnergy Transition
dc.subjectHuman Capital
dc.subjectFormal Labor
dc.subjectSkill Gap
dc.subjectSkills Need
dc.subjectResilience
dc.subjectClimate Resilience
dc.subject.jelcodeJ08 - Labor Economics Policies
dc.subject.jelcodeJ21 - Labor Force and Employment, Size, and Structure
dc.subject.jelcodeJ24 - Human Capital • Skills • Occupational Choice • Labor Productivity
dc.subject.jelcodeJ38 - Public Policy
dc.subject.jelcodeQ54 - Climate • Natural Disasters and Their Management • Global Warming
dc.subject.jelcodeQ56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth
dc.subject.jelcodeQ58 - Government Policy
dc.subject.keywordsjust transition;Active Labor Market Policies;climate change;decarbonization;Inequality;jobs;skills;Green Economy;economic resilience;Green jobs;green skills
dc.typePolicy Briefs
idb.identifier.pubnumberIDB-PB-00400
idb.operationRG-T4063
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