We’d like to inform about a recently established World Bank Group – European Commission collaboration taking aim at coordinating approaches to tackle the issues related to the future of work. "Rapid digitization of our economies, globally diverging demographic trends, climate change and evolving globalization are having a profound impact on the nature of work worldwide. In particular, the impact of the ongoing digital revolution on labour market outcomes across the globe, requires enhanced attention, coordination and collaboration."
The collaboration focuses on three areas:
» boosting skills
» social protection
» creating more and better jobs
The final part of the statement is about the contents and modalities of the scheduled collaboration.
Through this joint effort the two organisations strive for remaining determined "to bring a decisive contribution to the 2030 Agenda for Sustainable Development, leaving no-one behind in the pursuit of a sustainable future."
World Bank Group 2019
Joint Communique of the European Commission and the World Bank Group on 'The Future of Work', 4 February.