The Government must earmark £10 billion for 250,000 green apprenticeships over the next three years to minimise the long-term economic damage of the coronavirus pandemic, an environmental group says.
Ahead of Wednesday’s budget, Friends of the Earth said subsidising the apprenticeships would help meet the Government’s net zero by 2050 goals while staving off disastrous long-term youth unemployment.
Research commissioned by the charity with funding from the People’s Postcode Lottery found there are currently 500,000 16 to 24-year-olds out of work which could rise to one million by summer when the furlough scheme comes to an end.
According to modelling conducted by consultancy Transition Economics, one year’s unemployment for someone aged 18 to 20 could see them lose between £42,000 and £133,000 in earnings over the next 20 years.
Create 250,000 green apprenticeships to cut youth unemployment, says environmental group
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Create 250,000 green apprenticeships to cut youth unemployment – charity
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