United Nations Foundation convenes global business leaders at the U.N. for investor summit on climate change
In Wake of Copenhagen Climate Summit, Investors Vow to Seize Initiative; Government Policies Must be Key Driver to Spur Low-carbon Global Economy
New York — January 14, 2010
Today, the United Nations Foundation, Ceres and the UN Office for Partnerships are convening the fourth Investor Summit on Climate Risk at the United Nations in New York. At the summit, more than 400 top investor and corporate leaders, from China to Wall Street, will discuss the current landscape for clean energy investing and what U.S. and other national governments can do to catalyze the large-scale private investments needed to finance clean energy development worldwide. If seized, this opportunity would create entirely new industries, millions of good-paying jobs, and deliver the greenhouse gas reductions needed to prevent the most dire impacts of global warming.
Summit speakers include:
• U.S. Climate Envoy Todd Stern
• Goldman Sachs Senior Investment Strategist Abby Joseph Cohen
• Ted Turner, Chairman of the United Nations Foundation
• Former Vice President Al Gore
• AFL-CIO President Richard Trumka
• George Soros, Chairman, Soros Fund Management, LLC
At 11 a.m. 190 investors with more than $13 trillion in combined assets will release a statement calling on governments to put in place policies that will catalyze the private sector investment needed to put the world decisively on the path toward a low-carbon economy.
The entire event will be webcast at http://www.un.org/webcast.
The Investor Summit can also be followed live on twitter at http://www.twitter.com/ceresnews -- look for #unclimate.
A full agenda can be found at http://www.ceres.org/Document.Doc?id=503.
About Ceres and INCR
Ceres is a leading coalition of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as climate change. Ceres directs the Investor Network on Climate Risk (INCR), a network of 80 institutional investors with collective assets totaling more than $8 trillion. For more information, visit http://www.ceres.org and http://www.incr.com.
About the United Nations Foundation
The UN Foundation was created in 1998 after entrepreneur and philanthropist Ted Turner's gave a historic $1 billion gift to support UN causes and activities. The UN Foundation builds and implements public-private partnerships to address the world's most pressing problems and also works to broaden support for the UN through advocacy and public outreach. The UN Foundation is a public charity. For more information, visit www.unfoundation.org.
About the United Nations Office for Partnerships (UNOP)
The United Nations Office for Partnerships serves as a gateway for collaboration between the private sector, foundations, and the United Nations family. It promotes new partnerships and alliances in furtherance of the Millennium Development Goals and provides support to new initiatives of the Secretary-General. UNOP oversees the United Nations Fund for International Partnerships (UNFIP), the United Nations Democracy Fund (UNDEF) and Partnership Advisory Services and Outreach to a variety of entities. For more information, visit: http://www.un.org/partnerships/YAboutUs.htm