Jeffrey Sachs and Experts Unite in One Earth Alliance to Foster Green Finance in Hong Kong
One Earth Alliance: A New Coalition for Climate Action
One Earth Alliance (OEA) has assembled a star-studded governing council and board of advisers to promote its sustainability initiatives in Hong Kong. This coalition, leveraging expertise from leaders like Jeffrey Sachs from Columbia University and Vuk Jeremic, aims to position Hong Kong as a vital green financing center.
Council Members and Their Expertise
- Vuk Jeremic, former UNGA President
- Prince Max of Liechtenstein, CEO of LGT Bank
- Arun Majumdar, Dean of Stanford Doerr School of Sustainability
- Hiromichi Mizumo, CEO of MSCI
- Johan Rockstrom, Director at Potsdam Institute
- Jeffrey Sachs, Director of Columbia's Centre for Sustainable Development
Strategic Vision for Green Finance
The alliance, founded by Poman Lo, envisions a collaborative effort that integrates family offices, investors, companies, and academic institutions to foster sustainable growth in Asia. Climate-change vulnerable nations are projected to need at least US$1.3 trillion yearly from wealthy countries, highlighting the urgency for financial support.
Upcoming Events and Global Engagement
The OEA will host two events next week in Hong Kong, aiming to galvanize support from business and community leaders. Notable figures like Jane Goodall are expected to partake, emphasizing Hong Kong's role as a bridge between the East and West in tackling climate change.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.