Kazi Awal
Climate Week NYC 2022 is taking place September 19-25.
This is the 14th year of the event, which this year is themed “Getting it Done”.
Insider is live blogging from the event, covering everything from the vibe on the street to the sessions and conversations.
Climate Week NYC
Climate Week NYC 2022 is underway and Insider’s reporters are on the scene. We’ll be providing updates throughout the week on some of the most provocative speakers and topics.
Stephanie Osmanski
Spotted at the Climate Week NYC opening ceremony, Bowen, like many attendees, is doing double duty at the United Nations General Assembly. According to a report in The Guardian yesterday, Australia is hoping to play host to an upcoming COP event.
Stephanie Osmanski
Kristalina Georgieva, managing director of the International Monetary Fund, spoke during the opening session about the need for cooperation in order to tackle the climate crisis.
“It is very important for all of us to recognize that even if it is more difficult because of political frictions, we must work together…That is not a pie in the sky. We know we have the tech to do it. We know the money is out there. We just have to muster the will to act.”
Stephanie Osmanski
The session was titled “What’s stopping us from getting it done.” Andrew Steer, CEO of the Bezos Earth Fund, has one answer.
“So, if the question is why are we not making as much progress? There are several reasons. One of the is too many decision-makers are still living in the economics of the 20th century.
The economics of the 20th century said, ‘it would be nice to act on climate change, but it’s going to be costly. It’s going to make us uncompetitive; we’re going to lose jobs. We must slow down.’
But there’s a new economics, which is now vitally exciting and some of the best research institutions on the planet, which says, ‘no, actually bold climate action leads to more resource efficiency.
It drives new technology. It lowers risk and it reshapes expectations about the future. And those four things combined are a very powerful cocktail of creating more ingenuity, more investments, more jobs, more growth, exactly as [another speaker] is saying.”