The Economic and Social Benefits of Renewable Energy Economic and social benefits of renewable energy Renewable energy is more than just a tool for reducing greenhouse gas emissions—it drives economic growth, promotes social equity, and leads to improvements in public health . By transitioning to renewable energy sources, countries can unlock a range of economic and social benefits that extend beyond environmental sustainability. This section examines how renewable energy generates employment opportunities, expands energy access, alleviates poverty, enhances public health, and fosters global equity. Job Creation and Economic Growth (12.7 mil. workers) The renewable energy sector has become a significant source of job creation and economic growth, particularly in developing and emerging economies. As the demand for renewable energy technologies grows, so does the need for skilled labor across manufacturing, installation, operation, and maintenance. In 2021, the renewable en...
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