Friday February 10th 2012         |       40 years of foresight, insight and integrity

Background on Climate Prosperity

CLIMATE PROSPERITY
Green Savings, Green Opportunities, and Green Talent:
Generating Jobs, Incomes, Innovation, and Resource Efficiency


GLOBAL CLIMATE PROSPERITY AGREEMENT:

“THE ONE TRILLION DOLLAR DEAL”

Dr. Tariq Banuri, Director, Division of Sustainable Development, United Nations Department of Economic and Social Affairs, and Dr. Marc A. Weiss, Chair, Climate Prosperity Alliance, Chairman and CEO, Global Urban Development, and Chairman, Climate Prosperity Strategies.

The Global Climate Prosperity Agreement — “The One Trillion Dollar Deal” — can become the worldwide game-changer that will demonstrate the positive path forward for human civilization in the 21st century, namely the peaceful transition from the current globally unsustainable economy to an advanced technology-driven and environmentally sustainable industrialized society. Key private sector executives are organizing this completely voluntary, market-oriented, public-private investment and development strategy whereby corporations, financial institutions, insurance companies, pension funds, and equity investment funds, and others will commit to invest one trillion dollars in developing countries over the next decade to build a new and modern infrastructure based entirely on renewable energy and clean technologies, including plug-in electric vehicles and “smart” and “super” electric grids. These investments and related projects will be supplemented and enhanced by additional funds, tax incentives, and regulatory policy support from governments, along with funds that will come from international donor agencies, official development assistance, and private philanthropy. The United Nations and World Bank, including various UN agencies and regional development banks, can play a key role in enabling these investments to succeed.

The Global Climate Prosperity Agreement will help achieve the Millennium Development Goals in developing countries, by raising living standards and promoting sustainable economic and employment growth and sustainable business and community development through innovation, efficiency, and conservation in the use and reuse of all natural and human resources. It will benefit developing and developed nations alike, generating a dynamic upward cycle of sustainable economic prosperity, job creation, and income growth worldwide, while simultaneously reducing greenhouse gas emissions, through increased production and distribution of renewable energy and clean technologies that optimize overall resource efficiency. Under Climate Prosperity, economic livelihoods and well-being, quality of life, public health and safety, and peace and security, will improve for billions of people in every place throughout the world. It will revive the global economy from its current market recession, stimulate massive long-term employment and income growth, and protect the economy and environment from resource supply shortages, catastrophic climate change, and other major threats and challenges.

For more information, please contact: Dr. Tariq Banuri, Director, Division of Sustainable Development, United Nations Department of Economic and Social Affairs (banuri@un.org); Lawrence Bloom, Vice Chair, Climate Prosperity Alliance, and Vice Chairman, Climate Prosperity Strategies (lawclive@aol.com); Dr. Hazel Henderson, Vice Chair, Climate Prosperity Alliance, and President, Ethical Markets Media (USA and Brazil) (hhlibry@hazelhenderson.com); Tony Manwaring, CEO, Tomorrows Company (UK), and Member, Climate Prosperity Alliance Executive Board (tony@tomorrowscompany.com); James Nixon, President, Climate Prosperity Strategies (jnixon@ctcluster.com); and Dr. Marc A. Weiss, Chair, Climate Prosperity Alliance, Chairman and CEO, Global Urban Development, and Chairman, Climate Prosperity Strategies (marcweiss@globalurban.org).

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