Half baked – How do finance professionals stay relevant in the green economy?

I recently stumbled upon a podcast episode by Vietnam Weekly that mentioned by 2050, there will be around 5.5 million renewable jobs created in Southeast Asia, with 50% of those in Indonesia and Vietnam (link in the comment). 2050 seems distant, especially for someone nearing retirement around that time, like me.

According to a report by ManPower, green skills were most sought after in Vietnam’s manufacturing sector (48%) in 2022, followed by energy (34%), agriculture (11%), and technology (4%). This trend is likely to continue as industries adapt to meet sustainability goals. Still, as someone working in Finance in general, should I be concerned?

While browsing job sites recently as a due diligence exercise, I noticed considerable changes in job descriptions and in-demand skills, particularly in marketing and business. Proficiency in creating TikTok content, livestreaming, or managing a fan page can now provide a (decent) living or a viable career path (who would have thought of that 10 years ago?). Although the career progression and categorization of these roles are beyond my expertise to comment on, it’s evident that the job market is evolving rapidly in response to socio-economic developments and technology changes.

In contrast, I haven’t observed such dramatic changes within the finance or investment field in the Southeast Asian context. Apart from articles discussing AI’s potential to replace jobs or companies laying off employees due to cost reduction fuelled by AI, there seems to be less discussion about changes in the nature of the job or the impact of sustainability on these sectors.

This leaves me wondering: what green skills are needed for professionals in investment and finance to remain relevant in today’s changing landscape? I’m curious to hear your thoughts and experiences on this topic 🤓

#GreenSkills #FutureOfWork #SoutheastAsia #investment #finance

This post was originally posted here