Climate Tech: The Growing Job Market of 2024
As the tech sector undergoes a wave of layoffs, one particular industry is thriving: climate tech.
According to a report by industry group E2, clean energy jobs have grown by 10% over the past two years, outpacing the economy as a whole. The report also notes that the fastest-growing job fields through 2032 include wind turbine technicians with a 45% growth rate and solar photovoltaic installers with a 22% growth rate, according to the Bureau of Labor Statistics.
Startups have had a mixed 2023, with some forced to make difficult decisions to ensure their survival. However, many have continued to hire for a variety of roles. Climate tech remains a lucrative prospect for job seekers, especially those who may have been laid off from the tech sector.
While nearly every company requires software developers, project managers, and designers, there's still a noticeable skills gap, and applicants must possess knowledge of climate and energy.
One company working to bridge that gap, Montamo, is hiring and training people to work in the clean energy transition, with an emphasis on assisting migrants seeking new careers.
Many climate tech startups have made it their mission to address the effects of climate change and create sustainable solutions. The industry's growth highlights a shared desire among job seekers and businesses to prioritize the environment, along with the potential for high-growth job markets.
Experts predict that the clean energy sector will continue to grow, providing unprecedented opportunities for job creation. Emerging technologies such as smart grids, energy storage solutions, carbon capture, and renewable energy are essential parts of the growing field.
Climate tech may very well be the hot job market of 2024 and beyond.
As global temperatures continue to rise, and the effects of climate change become more apparent, the need for environmentally conscious job seekers and companies has never been greater. It is time to act—and climate tech presents a viable path for those looking to create a sustainable future.