By Grace Ademulegun
Green technologies are showing promise as a game-changer in the fight against unemployment and environmental degradation as Africa’s youth population continues to increase at an unprecedented rate.
With more than 420 million young people between the ages of 15 and 35, one-third of whom are unemployed or depressed, the continent has a big problem finding solid employment possibilities for its youth.
Experts are hopeful, nevertheless, that funding environmentally friendly and sustainable technologies will help combat unemployment and propel Africa’s economy in the direction of a more sustainable future.
According to the International Renewable Energy Agency (IRENA), the number of jobs in the African renewable energy sector could increase from 247,000 in 2019 to up to 4 million by 2030 with the right investment policies.
Additionally, according to the International Labour Organisation (ILO), by the same year, green transitions in industries like energy, trash, and natural resources could provide an extra 60 million employment.
Despite the enormous potential for job development, green technologies have not yet been widely adopted throughout Africa.
Although South Africa, Morocco, and Kenya have made great progress in putting renewable energy projects into action, many African countries continue to confront severe obstacles. These issues, which include social, economic, and infrastructure components, include a lack of public-private partnerships, insufficient infrastructure, gaps between policy and implementation, and restricted access to funding.
Notwithstanding these obstacles, researchers think Africa may gain knowledge from nations that have effectively adopted green technologies. Youth employment is the goal of programs like the Mastercard Foundation’s “Young Africa Works” and the African Development Bank’s “Jobs for Youth in Africa.” The high unemployment rates, however, suggest that these initiatives would not be sufficient on their own.
A number of strategic measures are recommended by experts to fully realise the promise of green technologies. One of the most important of these is filling in skill development gaps so that the workforce is prepared to prosper in the green economy.
In addition to aggressively promoting entrepreneurship, it is imperative that green startups and businesses have better access to financing.
Stronger public-private partnerships and increased international cooperation can also aid in addressing infrastructure deficiencies and guaranteeing the successful scaling of green projects throughout the continent.
An expert in sustainable development stated that “green technologies hold transformative potential for Africa, not only by creating jobs but also by promoting inclusive growth.” “Africa can create a more robust and sustainable economy for coming generations by coordinating green initiatives with more general development objectives.”
Green technologies stand out as a crucial instrument for sustainable development as Africa tackles the dual challenges of resolving environmental issues and creating jobs for its expanding youth population.
The continent has the potential to establish itself as a worldwide leader in green innovation, generate inclusive economic growth, and generate millions of employment if the appropriate collaborations, investments, and policies are implemented.
Given the concerning rates of youth unemployment, now is the moment to take action. Investing in green technologies could help Africa’s future generations live better, more sustainable lives.