Powering the Future 2025
Page 17 of 45 · WEF_Powering_the_Future_2025.pdf
The workforce needed to repair, reuse,
repurpose and recycle the number of
batteries expected to reach end of life
in the decades ahead has not yet been
developed. Also, raw material markets
will need to transition much of their
workforce to other industries or other
segments of the value chain.
Enabling a circular economy and enacting the
changes discussed in this report requires a skilled
and well-trained workforce – presenting both a
challenge and an opportunity. In the transition to a
circular battery economy, workers will be needed
in new or expanded segments of the value chain,
such as recycling, reuse and repurposing. Additional
workers may also be needed in existing segments
of the value chain, such as manufacturing, as a
result of a stronger, more resilient value chain that
enables greater EVB production. Recruiting and
training workers to fill these jobs will be essential to
enabling both a widespread transition to EVs and
the development of a circular battery economy.
As raw material extraction needs decrease in the
future, the workforce engaged in extraction would
need to transition into new roles. The extent to which raw material extraction will be needed in the future
is strongly dependent upon the degree to which the
circular battery value chain is realized. Scenarios range
from net-zero extraction (in a fully circular economy)48
to one in which extraction needs continually increase
to meet growing material demand.49
This uncertainty necessitates adaptability and
requires that extraction markets, in particular, be
prepared to recruit, train and reskill workers into
various segments of the value chain as needs
evolve. This presents both an acute challenge and
a meaningful chance for these markets to develop
in a way that avoids the inequities of the past and
capitalizes on the socio-economic opportunities of
a new, circular value chain.
An additional concern in developing markets is
the potential for informal EOL industries, in which
individuals collect, sort, repurpose or recycle
waste without proper training or regulation.
This has happened with lead-acid batteries50
and e-waste,51 and the Indian government has
observed that it is happening with LIBs in India
today.52 Therefore, integrating these informal
processes into the formal economy presents an
opportunity for positive change.2.5 Workforce development and transition needs
Powering the Future: Overcoming Battery Supply Chain Challenges with Circularity
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