New York Climate Exchange: A Unique Partnership of Academia, Private Sector, and Grassroots Organizations to Pioneer Climate SolutionsKaren Mercer - J.P. Morgan The New York Climate Exchange (“The Exchange”) is a first-of-its-kind model for developing and implementing solutions to the global climate crisis in New York and around the world. Anchored by Stony Brook University, leverages over 40 different partners from academia (CUNY, Duke University, Georgia Tech, New York University, Oxford University, Pace University, Pratt Institute, Rochester Institute of Technology, SUNY Maritime, University of Washington), the private sector (IBM, Moody’s), and grassroots organizations (Billion Oyster Project, Good Old Lower East Side, WE ACT), to pioneer climate solutions. Universities work with a diverse array of partners, across several sectors and on a number of topics. In most cases, a bilateral partnership is formed around a narrow, desired outcome, such as a university working with city government on job training programs, or with one private firm on the commercialization of a particular innovation. It is rare for universities to work within a consortium as large as that of The Exchange, to tackle an issue as crosscutting as climate change, and with the added complexity of an ambitious capital plan. This panel will explore how The Exchange was formed, and what the diverse partner institutions will contribute as well as get out of the partnership. It will also look at trends in giving, and how joint proposals or consortium models can attract funds by reducing risk and offering the potential to scale impact. Learning Objectives
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