Towards Just Energy Transition: Renewable Energy Transition Dynamics and Sectorial Employment in Ghana

Clement Oteng (), Omowumi Iledare, James Atta Peprah and Pius Gamette
Additional contact information
Clement Oteng: Department of Applied Economics, School of Economics, University of Cape Coast, Cape Coast CC-192-2031, Ghana
Omowumi Iledare: Institute of Oil and Gas, University of Cape Coast, Cape Coast CC-192-2031, Ghana
James Atta Peprah: Department of Applied Economics, School of Economics, University of Cape Coast, Cape Coast CC-192-2031, Ghana
Pius Gamette: Department of Applied Economics, School of Economics, University of Cape Coast, Cape Coast CC-192-2031, Ghana

Sustainability, 2024, vol. 16, issue 9, 1-18

Abstract: Energy transition and the creation of sustainable jobs are major concerns towards achieving Sustainable Development Goals (SDGs) 7 and 13, particularly in emerging petroleum-producing economies such as Ghana. Our study examines Ghana’s sectorial employment vulnerability to the dynamics of energy transition. Employing a dynamic ARDL simulation model, we use quarterly data from 2011 to 2021 from Ghana’s Energy Commission, the Bank of Ghana, and the Public Interest and Accounting Committee. We find that transition scenarios increase industrial sector employment. Also, industrial sector employment changes more favorably under the 5% scenario than under the 1% scenario. Agriculture industry employment is positively impacted by the 1% energy transition scenarios but negatively impacted by the 5% scenarios. Up to the sixth year, both transition scenarios increase employment in the services sector; however, employment opportunities are more affected by the 1% scenario than by the 5% scenario. Therefore, developing a policy architecture that aids Ghana’s transition to renewable energy is essential.

Keywords: climate change; Ghana; renewable energy transition dynamics; sectorial employment (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/9/3761/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/9/3761/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:9:p:3761-:d:1386401

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().