Just transition: managing the social impact of a low-carbon transition - AXA Investment Managers

The transition to a low-carbon energy and resource-efficient economy could have a profound effect not only on the climate - but also on millions of workers around the world.

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... Switching to a low-carbon economy is expected to eventually have a positive impact on jobs which rely directly on healthy ecosystem services. However, while the overall net impact on jobs is expected to be positive, we shouldn’t forget the fate of people working in industries contributing to environmental degradation - some of them also depending on the environment to thrive.

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