Connect with us

Reports

Private sector holds key to future employment growth in the Arab region

Published

on

The job-creating potential of the private sector is key to future employment growth in the Arab region, said ILO Regional Director for Arab States Ruba Jaradat at the 45rd Arab Labour Conference (ALO) in Cairo, Egypt.

“It is evident that our region, amidst protracted social and political unrest, and the continuing conflicts in some countries, is subject to ever more critical labour market and employment challenges,” said Jaradat, speaking during the conference’s opening session.

Jaradat noted that total unemployment in the Arab region remained high at 10.2 per cent in 2017 (almost double the global rate of 5.6 per cent), with more than 13 million individuals looking for a job. Youth are particularly disadvantaged with a 27.6 per cent unemployment rate among those aged 15-24, compared to a global average of 13 per cent.

Gender inequalities are also acute, with the female unemployment rate standing at 18.7 per cent, more than double the rate of males (8.2 per cent) and three times their unemployment rate globally. Vulnerable employment has also increased by 32 per cent in the Arab region between 2000 and 2017, constituting 26.5 per cent of total employment in 2017.

“High shares of public sector employment remain a problematic characteristic of the region’s labour markets, particularly amidst the recent oil price crisis. The share of employment in the public sector ranges from 14 per cent to an estimated 80 per cent, excluding expatriate workers,” Jaradat told delegates from 21 Arab states at the conference.

“Future employment growth in the region must come from unleashing the job-creating potential of the private sector. This, together with the expected growth in population over the next decade, and the expected impact of globalization, technology and other drivers of change, will indeed necessitate better, more inclusive policy development to promote structural transformation, job-rich growth and decent work for all,” she said.

On the sidelines of the conference, Jaradat met with League of Arab States Secretary-General Ahmed Aboul Gheit, Arab Labour Organization Director-General Fayez al-Muteiri, and with ministers of labour from Saudi Arabia, United Arab Emirates, Kuwait, Yemen, Iraq and the Occupied Palestinian Territory, as well as with regional worker and employer representatives from the region. She was accompanied by senior ILO specialists from the Arab States region.

This year, the annual event takes place under the auspices of Egypt’s President Abdel Fattah El-Sisi from 8-15 April. It brings together delegates from 21 member states to discuss labour issues and policy responses.

Key panel sessions in this year’s event focus on the ALO Director General’s report on “The dynamics of Arab labour markets: transitions and ways forward,” as well as on two technical reports on “The corporate social responsibility of private sector institutions” and “The role of productivity in promoting competitiveness and growth.”

Jaradat said the ILO noted, with great appreciation, the many advancements Arab countries have made in the world of work over the past year. In particular, she noted Iraq’s ratification of Convention No. 87 on Freedom of Association and Protection of the Right to Organise, and Lebanon’s imminent ratification of Convention No. 144 on Tripartite Consultation – as well as a number of important labour policy reforms across the region.

She added that the ILO Regional Office for Arab States (which covers countries in the Gulf and Levant) has also been hard at work over the past year to provide technical and advisory support to governments, workers and employers in the region.

Of the many examples she cited, Jaradat noted that through the Employment Intensive Infrastructure Programmes (EIIP) in Jordan and Lebanon, the ILO is facilitating the creation of employment opportunities for refugees and host communities. In Jordan alone, over 4,600 jobs were created. Out of all the workers employed, 13 per cent were women and 2 per cent were persons living with disabilities. The programme has seen the rehabilitation of 660 km of roads, and the maintenance of 8 km of terracing and 152 hectares of forestry areas, as well as environmental cleaning and improvement activities.

Jaradat also noted that the ILO is set to embark on projects with Syria and Yemen to fight the worst forms of child labour, including child involvement in armed conflict.

The ILO and ALO have a long history of cooperation in the Arab region, dating back over four decades, and the two agencies signed a Memorandum of Understanding in 2007.

Continue Reading
Comments

Reports

Nearly half of City GDP at Risk of Disruption from Nature Loss

Published

on

Cities contribute 80% to global GDP – but they also account for 75% of global greenhouse gas emissions. Integrating nature-positive solutions can help protect cities from growing risks associated with extreme weather while driving sustainable economic growth.

In collaboration with the Alexander von Humboldt Institute and Government of Colombia, the World Economic Forum’s BiodiverCities by 2030 Initiative published a report addressing the urgency of cities’ untenable relationship with nature. The Initiative’s goal is to reverse this existential global threat and move forward with a plan that will result in cities and nature co-existing in harmony by the end of the decade.

The report is a call for multistakeholder action to integrate nature as infrastructure into the built environment. In making the economic case for BiodiverCities, Nature-based Solutions (NbS) for infrastructure and land-sparing are found to be cost-effective ways for cities to innovate and meet current challenges. Spending $583 billion on NbS for infrastructure and on interventions that release land to nature could create more than 59 million jobs by 2030, including 21 million livelihood-enhancing jobs dedicated to restoring and protecting natural ecosystems.

“In the conventional paradigm, urban development and environmental health are like oil and water,” said Akanksha Khatri, Head of Nature and Biodiversity, World Economic Forum. “This report shows that this does not have to be the case. Nature can be the backbone of urban development. By recognizing cities as living systems, we can support conditions for the health of people, planet and economy in urban areas.”

The report finds that by incentivizing investments in natural capital, cities can unlock the benefits of nature. Nature-based Solutions are on average 50% more cost-effective than man-made alternatives and deliver 28% more added value. This capitalization, in turn, instils and nurtures nature-positive values and fosters bio-inspired innovations that will ultimately optimize economic competitiveness and prosperity.

“As cities think about building for the post-pandemic future, they have a priority to provide their citizens with a more equitable and prosperous quality of life by protecting their natural resources,” said Mauricio Rodas, Co-Chair of the Global Commission on BiodiverCities by 2030 and former mayor of Quito, Ecuador. “In this report, we offer actionable solutions to heal the relationship between cities and nature. We need all stakeholders to invest in urban nature.”

“Cities don’t need to be concrete jungles in conflict with nature in and outside their boundaries,” said Jo da Silva, Arup Global Sustainable Development Leader. “They should be places where all people and nature co-exist and thrive together. Nature-based solutions offer wider benefits than traditional engineered ‘grey’ solutions – such as improving resilience, increasing citizens health and wellbeing and moving cities to net zero. Using powerful new digital mapping tools to help us understand cities as complex systems, we are increasingly adopting nature-based solutions in our projects – this needs to be accelerated on a global scale.”

Continue Reading

Reports

Labour market recovery still ‘slow and uncertain’

Published

on

As the COVID-19 pandemic grinds on and global labour markets continue to struggle, the latest International Labour Organization (ILO) report, published on Monday, warns that recovery will remain slow.

In its flagship World Employment and Social Outlook Trends 2022 (WESO Trends), ILO has downgraded its 2022 labour market recovery forecast, projecting a continuing major deficit in the number of working hours compared to the pre-pandemic era.

“Two years into this crisis, the outlook remains fragile and the path to recovery is slow and uncertain”, said ILO Director-General Guy Ryder.

Disheartening outlook

Last May’s previous full-year estimate, forecasted a deficit equivalent to 26 million full-time jobs.

While this latest projection is an improvement on the 2021 situation, it remains almost two per cent below the number of pre-pandemic hours worked globally, the report pointed out.

Moreover, global unemployment is expected to remain above pre-COVID levels until at least 2023.

The 2022 level for those without jobs, is estimated at 207 million, compared to 186 million in 2019.

“Many workers are being required to shift to new types of work – for example in response to the prolonged slump in international travel and tourism”, added the ILO chief.

‘Potentially lasting damage’

WESO Trends also warns that the overall impact on employment is significantly greater than represented in the raw figures, as many people have left the labour force.

The participation rate of the 2022 global labour force is projected to remain 1.2 percentage points below that of 2019.

The downgrade reflects the impact of COVID variants, such as Delta and Omicron, as well as the ongoing uncertainty surrounding the pandemic’s future course.

“We are already seeing potentially lasting damage to labour markets, along with concerning increases in poverty and inequality”, said Mr. Ryder.  

Starkly different impacts

The report warns of stark differences in the impact that the crisis is having across groups of workers and countries – deepening inequalities within and among nations – while weakening the economic, financial and social fabric of almost every State, regardless of development status.

The damage is likely to require years to repair, with potential long-term consequences for labour forces, household incomes, and social and possibly political cohesion.

While effects are being felt in labour markets globally, ILO observes a great divergence in recovery patterns, which seem to correlate with the containment of the coronavirus.

Regional differences

The European and the North American regions are showing the most encouraging signs of recovery, while southeast Asia, and Latin America and the Caribbean, have the most negative outlook.

At the national level, labour market recovery is strongest in high-income countries, while lower middle-income economies are faring worst.

And the disproportionate impact of the crisis on women’s employment is expected to last in the coming years, according to the report.

At the same time, WESO Trends flags that the closing of education and training institutions “will have cascading long-term implications” for young people, particularly those without internet access.

There can be no real recovery from this pandemic without a broad-based labour market recovery. And to be sustainable, this recovery must be based on the principles of decent work – including health and safety, equity, social protection and social dialogue”, said the ILO chief.

Projections

The analysis includes comprehensive labour market projections for 2022 and 2023 and assesses how labour market recovery has unfolded worldwide – reflecting different national approaches to pandemic recovery and analysing the effects on different groups of workers and economic sectors.

As in previous crises, it also highlighted that for some, temporary employment had created a buffer against pandemic shocks.

And while many temporary jobs were terminated or not renewed, alternative ones were created, including for workers who had lost fulltime work.

On average, ILO maintains that the incidence of temporary work did not change.

The publication also offers a summary of key policy recommendations aimed at creating a fully inclusive, human-centred crisis recovery at both national and international levels.

Continue Reading

Reports

Green Infrastructure Development Key to Boost Recovery Along the BRI

Published

on

The Belt and Road Initiative (BRI) presents a significant opportunity to build out low-carbon infrastructure in emerging and developing economies throughout the world. A new insight report from the World Economic Forum, Advancing the Green Development of the Belt and Road Initiative: Harnessing Finance and Technology to Scale Up Low-Carbon Infrastructure,” illustrates the green potential of this new development paradigm. It also highlights the ‘Vision 2023’ action plan of the Green Investment Principles of the Belt and Road, jointly developed within the World Economic Forum’s Climate Action Platform.

Emerging and developing economies face rising demand for energy and mobility as they grow, industrialise and urbanise. Today’s infrastructure investment decisions will lock in emissions trajectories for decades and could make or break the world’s ability to achieve the Paris Agreement objective of limiting global temperature rise to well below 2°C.

“The Belt and Road Initiative offers a new development paradigm through investment in green infrastructure that avoids the irreversible carbon lock-in effect on global climate change,” said Antonia Gawel, Head of the Climate Action Platform, World Economic Forum. “Collaborative action from public and private stakeholders will be needed to facilitate bankable green infrastructure projects, supported by international standards and forward-looking climate policies. The private sector is especially important for infrastructure construction, bridging the investment gap and scaling up promising green technologies.”

“By accelerating the buildout of low-carbon infrastructure, the Belt and Road Initiative can play a leading role in decoupling economic development from emissions growth for emerging and developing economies,” said Raymund Chao, Asia Pacific Chairman, China Chairman and Chief Executive Officer, PwC. “To capitalise on the increasing global appetite for green assets, the financial sector will play a vital role in channelling investment flows towards green energy and transportation projects.”

The Green Investment Principles (GIP) for the Belt and Road was launched in 2018 to accelerate green BRI investments. Membership has recently expanded to 41 signatories and 12 supporters from 15 countries and regions, holding or managing combined assets in excess of $49 trillion and providing significant funding to BRI projects.

“This insight report uses a number of vivid cases on low-carbon technologies, financial instruments, and policy measures to showcase how the effective combination of such approaches can facilitate the green development of the Belt and Road Initiative. Multilateral cooperation platforms such as Belt and Road Initiative International Green Development Coalition (BRIGC) and the Green Investment Principles for the Belt and Road play an important role in sharing best practices and fostering international cooperation on green development with countries that benefit from the Belt and Road Initiative,” Li Yonghong, Deputy Director General of the Foreign Environmental Cooperation Center, Ministry of Ecology and Environment, People’s Republic of China.

“This insight report offers an important contribution to low-carbon development in diverse countries along the Belt and Road. It signals that financial institutions and enterprises are taking action now to incorporate environment and climate risks into their investment portfolios to avoid transition risks and improve outcomes for sustainable economies and societies. “said Rebecca Ivey, Chief Representative Officer, Greater China, World Economic Forum

“Since the launch of the GIP, our member institutions have invested extensively in green projects in emerging market economies. However, greater efforts are needed to help these economies achieve their climate goals. This report provides a fresh perspective of how green and sustainable finance can facilitate the wide application of low-carbon technologies in emerging markets and developing economies. The GIP will continue to expand its reach and actively support the climate transition activities of the EMDEs,” said Dr. Ma Jun, Chairman of Green Finance Committee of the China Society for Finance and Banking.

The report uses case studies to highlight the financial sector players, financial instruments, low-carbon technologies and conducive local policies and can and need to come together in advancing the green development of the Belt and Road Initiative.

  • JinkoSolar expands its South-East Asia solar photovoltaic module supply chain
  • Silk Road Fund invests in renewable power assets across Africa and the Middle East
  • Huaneng finances and builds Europe’s largest battery storage project
  • Santiago’s innovative PPP financing structure to electrify its bus fleet
  • Kazakhstan advances its transition from fossil fuels to green energy
  • Asian Infrastructure Investment Bank (AIIB) helps investors manage climate and other ESG risks

Above all, this report sets the premise for a global infrastructure development strategy and calls for further action to protect our planet and build a sustainable tomorrow.”

Continue Reading

Publications

Latest

Middle East1 hour ago

UAE schoolbooks earn high marks for cultural tolerance, even if that means praising China

An Israeli NGO gives the United Arab Emirates high marks for mandating schoolbooks that teach tolerance, peaceful coexistence, and engagement...

Defense3 hours ago

What is driving Russia’s security concerns?

The current discussions between Russia and NATO pivot on Russia’s requirement for the Alliance to provide legally binding security guarantees:...

Finance5 hours ago

Global Policy-makers Face Complex Set of Divergent Economic Challenges in Coming Year

From the impact of a new COVID variant to continued inflation, governments will continue to face economic challenges in 2022....

Economy9 hours ago

Can e-commerce help save the planet?

If you have logged onto Google Flights recently, you might have noticed a small change in the page’s layout. Alongside...

Africa Today13 hours ago

1.5 million children lack treatment for severe wasting in Eastern and Southern Africa

At least 1.5 million children are not receiving life-saving treatment for severe wasting in Eastern and Southern Africa, warned the United Nations...

Human Rights15 hours ago

UNRWA condemns demolition of Palestinian home in East Jerusalem

The UN agency that supports Palestinian refugees, UNRWA, on Thursday urged Israeli to immediately halt all evictions and demolitions in...

South Asia17 hours ago

India’s Unclear Neighbourhood Policy: How to Overcome ?

India has witnessed multiple trends with regards to its relations with its neighbours at a time vaccine diplomacy is gaining...

Trending