Adams rolls out plan to boost New York’s growing ‘green economy’

By Janaki Chadha | 02/29/2024 12:26 PM EST

New York City committed to creating 12,000 apprenticeships by 2040.

Framed by the Manhattan skyline, electricians with IBEW Local 3 install solar panels.

Electricians with IBEW Local 3 install solar panels on top of the Terminal B garage at LaGuardia Airport on Nov. 9, 2021. Mary Altaffer/AP

NEW YORK — The city is putting $100 million into a new climate innovation hub and expanding workforce training as part of a new plan to grow employment in sectors that will help combat climate change.

The investments will help prepare the city for some 400,000 “green-collar” jobs projected by 2040, Mayor Eric Adams said Wednesday.

“From building resiliency projects in retrofitted apartment buildings, to installing solar panels, EV charging stations and wind turbines, these ‘green collar’ jobs are already in demand,” Adams said during an announcement at the Brooklyn Army Terminal. “We must put people in the position in the pipeline to fill the jobs.”


The planned hub, located at the terminal, will provide space for climate tech startups and other “green economy” businesses. The facility will serve 150 startups over 10 years, officials said, generating $2.6 billion in economic impact and 600 jobs. The city’s Economic Development Corporation will release a request for proposals next month for an operator.