Pioneering the Future: New York Climate Exchange Gears Up for Climate Challenges
In a proactive move to address future climate challenges, New York City has initiated the New York Climate Exchange, spearheaded by a consortium led by Stony Brook University. This collaborative effort, boasting 14 academic and corporate organizations along with 30 community entities as partners, is entering a new phase with the appointment of its Chief Executive, Stephen Hammer, a seasoned climate adviser at the World Bank.
The New York Climate Exchange, introduced several months ago, is positioned as a dynamic platform, envisioned to be "part think tank, part do tank." Hammer, who assumes his role next month, envisions the exchange as a training ground for future thought leaders, emphasizing both research into climate solutions and the training of individuals for green jobs.
While the exchange aligns with the city's broader environmental agenda, Hammer expresses a commitment to understanding partners' focuses, challenges, and contributions in the initial phase of his role. The collaborative effort aims to bring a sense of urgency to environmental issues, drawing from the collective expertise of its diverse partners.
Hammer's extensive background, including co-founding the Urban Climate Change Research Network and serving on an energy policy task force during Michael Bloomberg's mayoral term, positions him well for this crucial role. His lived experience in New York, particularly witnessing the unexpected impact of distant wildfires on air quality, highlights the need for comprehensive planning in response to climate change.
Reflecting on the unprecedented occurrence of wildfire smoke reaching New York, Hammer emphasizes the importance of anticipatory planning. This includes adapting healthcare systems to air pollution hazards and addressing mold conditions in flood-prone neighborhoods amid increasing frequency of heavy storms.
The New York Climate Exchange aligns with the city's commitment to sustainable environmental practices, evident in Mayor Eric Adams' long-term environmental plan. Hammer will operate from temporary quarters on Governors Island while a $700 million campus, including classroom and research buildings, is constructed.
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