Skills

The pressing challenge of closing the skills gap has been amplified by societal unrest, technological shifts and the green transition. 39% of all employees will need reskilling by 2030, while closing the global skills gap could add an estimated $11.5 trillion to global GDP by 2028.

We need new mechanisms for upskilling and reskilling of human and digital skillsets. While the online education and training industry has seen a surge in interest from digitally connected workers since the pandemic, it is critical that employers double down on retraining workers and that governments proactively include upskilling and reskilling in fiscal stimulus packages.

Tackling challenges together

The Skills Accelerator model is the flagship initiative of the Reskilling Revolution. Through a community of changemakers, it incentivizes governments to provide upskilling and reskilling to all workers, regardless of education levels or employment status; and encourages industry-led collaboration on skills mapping and talent redeployment. Drawing on the World Economic Forum's Global Skills Taxonomy, the model seeks to mobilize public investment in lifelong learning through worker training tax credits, government-funded personal training accounts, labour insight exchanges and industry and sector partnerships to promote regional jobs and career paths. It stands to be enhanced by the 'skills first' approach that is explained and advocated for in the White Paper Putting Skills First: A Framework for Action.

Skills

18

Accelerators

$23.5M

Resources mobilized for skills development

195+

Governments and private sector leaders

3.4M

Individuals impacted by Accelerator activities

Objectives

Tackling challenges together

See our accelerators

Join us