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Jobs for a strong and sustainable recovery from Covid-19

Author

Listed:
  • Pia Andres
  • Giorgia Cecchinato
  • Penny Mealy
  • Charlotte Taylor
  • Sam Unsworth
  • Anna Valero

Abstract

The UK's future economic, social and environmental prosperity will be shaped by how it deals with, and recovers from, the impact of Covid-19. This paper sets out coordinated net-zero-aligned investments which the UK can place at the heart of its recovery plan including: energy efficiency in buildings; natural capital projects; active travel equipment and infrastructure; renewable power generation and distribution; electric vehicle production and charging infrastructure; and carbon capture, utilisation and storage (CCUS) and hydrogen production. We summarise evidence from a range of sources including ex-post evaluations and more forward-looking forecast-based studies; looking at short-run and long-run job creation and broader benefits. We also present new analysis on where these economic opportunities might lie. Together, these analyses can inform UK decisions on where to focus investment in the recovery from Covid-19.

Suggested Citation

  • Pia Andres & Giorgia Cecchinato & Penny Mealy & Charlotte Taylor & Sam Unsworth & Anna Valero, 2020. "Jobs for a strong and sustainable recovery from Covid-19," CEP Covid-19 Analyses cepcovid-19-010, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcvd:cepcovid-19-010
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    File URL: https://cep.lse.ac.uk/pubs/download/cepcovid-19-010.pdf
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    References listed on IDEAS

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    1. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
    2. Cameron Hepburn & Brian O’Callaghan & Nicholas Stern & Joseph Stiglitz & Dimitri Zenghelis, 2020. "Will COVID-19 fiscal recovery packages accelerate or retard progress on climate change?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 359-381.
    3. Claudia Hupkau & Barbara Petrongolo, 2020. "Work, Care and Gender during the COVID‐19 Crisis," Fiscal Studies, John Wiley & Sons, vol. 41(3), pages 623-651, September.
    4. Dieter Helm, 2013. "British infrastructure policy and the gradual return of the state," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 29(2), pages 287-306, SUMMER.
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    Cited by:

    1. Crescenzi, Riccardo & Giua, Mara & Sonzogno, Giulia Valeria, 2021. "Mind the Covid-19 crisis: An evidence-based implementation of Next Generation EU," Journal of Policy Modeling, Elsevier, vol. 43(2), pages 278-297.
    2. Massimiliano Manfren & Lavinia Chiara Tagliabue & Fulvio Re Cecconi & Marco Ricci, 2022. "Long-Term Techno-Economic Performance Monitoring to Promote Built Environment Decarbonisation and Digital Transformation—A Case Study," Sustainability, MDPI, vol. 14(2), pages 1-17, January.

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    More about this item

    Keywords

    covid-19; sustainable recovery; investment; net zero greenhouse emissions; jobs; employment;
    All these keywords.

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