How much does it cost to create a job?

A $10 million investment can actually create just a couple hundred direct jobs. /Photo: Nugroho Nurdikiawan Sunjoyo / World Bank (Yogyakarta, Indonesia)

Creating more and better jobs is central to our work at the World Bank and a shared goal for virtually all countries —developed and developing alike. But oftentimes the policy debate turns to the cost and effectiveness of programs and projects in creating jobs. Tiếp tục đọc “How much does it cost to create a job?”

Germany’s Transition from Coal to Renewables Offers Lessons for the World  
Germany's Transition from Coal to Renewables Offers Lessons for the World
Credit: Krisztian Bocsi Getty Images

From Ensia (find the original story here), from an article commissioned by Courier; reprinted with permission.

August 1, 2017—Seventy-seven-year-old Heinz Spahn—whose blue eyes are both twinkling and stern—vividly recalls his younger days. The Zollverein coal mine, where he worked in the area of Essen, Germany, was so clogged with coal dust, he remembers, that people would stir up a black cloud whenever they moved. “It was no pony farm,” he says—using the sardonic German phrase to describe the harsh conditions: The roar of machines was at a constant 110 decibels, and the men were nicknamed waschbar, or “raccoons,” for the black smudges that permanently adorned their faces. Tiếp tục đọc “Germany’s Transition from Coal to Renewables Offers Lessons for the World”

Food and job security: two challenges for Asia Pacific

Eco-business – Anna Simpson, curator of Forum for the Future’s Futures Centre discusses two mutually reinforcing pressure points that urge sustainable change in the Asia Pacific region.

The forest fires that raged across Chiang Mai in March may have dissipated, but the cancer risk for those who breathe in the dust particles year on year has not. Nor has the pressure on contract farmers to meet growing demand for animal feed and ethanol: a factor contributing to illegal slash-and-burn practices. According to one resident, an area more than six times that of Bangkok (which occupies 1,569 square kilometres) of dry corn stalks is set alight after the harvest to make way for the next crop.

A confluence of visible environmental and social crises has led to a surge of awareness of sustainability pressures facing the Asia-Pacific region. The vast human cost to a region that supplies much of the world’s cheap food and consumer goods is increasingly evident. In March, 80,000 Vietnamese workers at a factory making shoes for brands such as Adidas, Converse, Nike and Reebok went on strike in protest against changes to Vietnam’s social-insurance system. In May, a fire at another shoe factory north of Manila in the Philippines killed 72 workers. Tiếp tục đọc “Food and job security: two challenges for Asia Pacific”