2024-10-01 – INAPP: ‘GREEN TRANSITION STILL LIMITED BUT DRIVING LABOUR DEMAND’

PRESS RELEASE

INAPP: ‘GREEN TRANSITION STILL LIMITED BUT DRIVING LABOUR DEMAND’

Investment in green technologies is associated with an increase in labour demand (+1.3%)

Rome, 1 October 2024 – The green transition is set to accelerate and trigger strong structural changes in the labour market, and there are signs that it is already helping demand for labour and new jobs. ‘In particular, the data tell us that the adoption of green technologies in the period 2019-2021 was accompanied by an increase in labour demand, measured by the ratio between the number of new professional figures that companies were looking for in 2022 and the total number of their employees (+1.3%)’. This was stated by Andrea Ricci, research manager at the National Institute for Public Policy Analysis (INAPP), speaking at the workshop organised by the Gse where the Report on the National Energy Situation 2023 was presented.

The analysis conducted by INAPP on a representative sample of 30,000 partnerships and corporations shows that ‘only’ 15% of companies with at least one employee in the 2019-2021 period adopted technologies for the green transition of production processes, a percentage that corresponds to around 1.7% of total investment expenditure amounting to around €174 per employee. ‘These figures vary significantly by size, geographical location and business sector. In spite of the fact that the green transition is rather limited in the entrepreneurial system,’ concluded Ricci, ’interesting signs are emerging in terms of its effects on the labour market, starting with the labour demand and, in perspective, economic growth’.

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