The potential economic growth and job opportunities for the circular economy over the next decade are immense. If London’s businesses, policymakers and communities work together to adopt a circular economy and achieve the targets outlined in the Mayor’s Environment Strategy, this could create an additional 284,000 jobs by 2030.
The circular economy at work: Jobs and skills for London’s low carbon future is the latest research report from ReLondon, in collaboration with Valpak, that explores the contribution of the circular economy to substantial job creation and economic growth. These new jobs are not just in the waste and recycling sectors – they are everywhere, right across a wide variety of sectors in the economy as well as a diverse range of skill levels, creating opportunity to accessible jobs for all Londoners.
The report highlights the fact that London’s circular economy currently contributes around £11bn to London’s economy, a contribution which has the potential to grow to a total of £24.2bn by 2030. It also highlights the skills required to achieve this growth and the opportunities to incorporate the circular economy at schools, in further and higher education and in the workplace to ensure all Londoners have access to the potential 515,000 circular jobs that could be available by 2030.
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