News from 2022-07-06 / KfW Development Bank

Harnessing the potential of an integrated approach to employment promotion

Development Brief

The labour markets of the less developed countries currently lack employment prospects and the situation is getting worse. In Africa alone, 25 million new jobs would have to be created every year to provide people with opportunities and to strengthen their resilience. This situation is already inherently difficult but it has been exacerbated by the negative consequences of additional shocks such as natural disasters and the COVID-19 crisis. Profound changes leading to a green economy are also affecting employment opportunities. A “Just Transition” is designed to ensure that the significant benefits of this transition are shared widely while supporting those who are economically disadvantaged.

One possible method for promoting sustainable employment is the internationally recognised “integrated approach to employment promotion” discussed in the current issue of “Development in Brief”.

Harnessing the potential of an integrated approach to employment promotion