The NYC Economic Development Corporation and Mayor Eric Adams recently announced the details of the Green Economy Action Plan to expand research, training, employment, and innovation in the City’s climate-related economy. By 2040, this plan will create 400,000 new jobs, $87 billion in annual GDP growth, and a workforce training facility in every borough, including 12,000 apprenticeships, a Climate Innovation Hub at Brooklyn Army Terminal, and the New York Climate Exchange on Governors Island.
“With the support of Mayor Adams and NYCEDC, the members of Local Union No. 3, IBEW look forward to continuing and strengthening our role in the growing green economy in New York City in support of the ‘Green Economy Action Plan,’ working on the transition necessary to address the climate crisis,” said Business Manager Christopher Erikson. “In alignment with the Mayor and EDC, we believe these green jobs of the future should be union jobs with family-sustaining wages and benefits, and as the work opportunity expands, we look to welcome more apprentices supported by this plan into our ranks, making New York City a better place to live and work.”
Together with the Building and Construction Trades Council of Greater New York and Cirrus Workforce Housing Advisors, Mayor Adams also recently announced a new partnership to build more affordable workforce housing designed for essential workers and their families. BCTC and Cirrus have already pledged to invest $100 million to increase the city’s affordable housing supply, which will be constructed under project labor agreements, and Cirrus intends to raise an additional $400 million from private investors. This announcement follows the Mayor’s “City of Yes for Housing Opportunity” proposal to create 100,000 more homes within city limits.
