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Leaders convene at Climate Week NYC to urge action to finance a Clean Industrial Revolution

Date
20 September 2010
Leaders convene at Climate Week NYC to urge action to finance a Clean Industrial Revolution

International NGO, The Climate Group, and its partners, including the United Nations, the City of New York, and founding sponsor Swiss Re, today kicked off Climate Week NYC. From September 20-26, Climate Week NYC will bring together the world’s most influential government and business leaders to discuss the policies and public-private partnerships necessary to unlock the financing needed to ignite a clean industrial revolution.

A cast of international government, business and non-profit leaders, including: Christiana Figueres, Executive Secretary, UNFCCC; HSH Prince Albert II of Monaco; George Soros, Chairman, Soros Fund Management LLC; and Alan Salzman, CEO and Managing Partner, VantagePoint Venture Partners will headline discussions on how best to capitalize on the progress made by cities, states, regions and corporations around the world since Climate Week NYC last year. Topics will include risk transfer and adaptation in developing economies, the launch of the EV20 alliance – a group focused on speeding the deployment of electric vehicles – and policies to stimulate the growth of emerging clean technologies.

"Climate Week NYC exists to focus the attention of world leaders on climate change and show innovative solutions that reduce emissions and create jobs," said New York City Mayor Michael R. Bloomberg. "While New Yorkers' carbon emissions per capita are already among the lowest among big cities, we know that our efforts to reduce carbon emissions begin in our neighborhoods, through coating cool roofs and planting hundreds of thousands of trees. Only through efforts like those we will achieve our PlaNYC goals to lower citywide emissions 30 percent by 2030 and create a greener, greater New York."

“Climate Week NYC 2010 provides an essential global platform to discuss the fundamental changes needed in the way we produce and consume energy,” said Steve Howard, CEO of The Climate Group. “Cutting greenhouse gas emissions in half by 2050 will require investment of US$45 trillion. Financing of this magnitude will require the biggest public-private partnership of all time but will unlock a clean industrial revolution that will be good for the economy, good for jobs and good for the environment.”

Continue reading the full press release here

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