The World Bank's top climate adviser has been named CEO of the New York Climate Exchange, a new consortium of universities, governments, and businesses working to solve climate change in New York City and around the world, the New York Times reports.
"He has an international network and unrivaled New York City experience, and he's uniquely qualified to be a 'Convener-in-Chief' for experts everywhere at a time when humanity needs it most," University of Washington College of the Environment dean Maya Tolstoy tells the Seattle Times.
The New York Climate Exchange will eventually be housed in a $700 million state-of-the-art facility on Governors Island, and its plans include an interactive living laboratory with 400,000 square feet of green-designed building space, research labs, classroom space, greenhouses, mitigation technologies, and housing facilities, the University of Washington reports.
The Exchange is a core member of the New York Climate Exchange, which launched in April and is being led by the University of Washington.
Mayor Michael Bloomberg says Hammer's "academic expertise and proven record of leadership in New York City and across the globe make Dr. Hammer uniquely positioned to serve as the Exchange's first leader."
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