Pace Magazine

Pace Joins the Climate Exchange

Posted
July 12, 2023
Aerial view of The Exchange, showing the iconic forms designed to evoke the dramatic landscapes and hills of Governors Island

This spring, Pace University joined a winning collaboration chosen by New York City Mayor Eric Adams and The Trust for Governors Island that will create a world-leading climate solutions center on the 172-acre island in the heart of New York Harbor.

As a core partner in “The New York Climate Exchange,” Pace will leverage its proximity and programs—particularly in the areas of ESG, environmental law, climate justice, water science, sustainability, business, and technology—in creating a first-of-its kind international center for developing and deploying dynamic solutions to our global climate crisis, while also acting as a hub for New Yorkers to benefit from the rapidly evolving green economy.

“At Pace University, our students, faculty, and staff walk the walk of sustainability every day and we are thrilled to bring our expertise to the New York Climate Exchange," said Pace President Marvin Krislov. “As home to the nation's No. 1-ranked environmental law program—and our expertise in Land Use, climate justice, ESG and regional clean water initiatives—we are eager to work collaboratively and bring an interdisciplinary approach to climate actions that forge a more resilient future for New York City and communities worldwide. Our expertise, vast student and alumni network, and location in lower Manhattan provides the perfect springboard for creating opportunities in the green economy and engagement on Governors Island.”

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Key stakeholders, including Pace President Marvin Krislov and New York City Mayor Eric Adams at the announcement on Governors Island on Monday, April 24, 2023.

The Exchange will host green job training and skills-building programs for New York residents to help them launch successful careers—and convene the world’s leaders and experts seeking climate solutions.

“Fighting climate change is a real battle and it's a battle that we are going to not only lead the nation, but we are going to win,” Mayor Adams said in his remarks. “And together we are creating climate opportunities across the city, investing in innovation and inventions, so that today's climate solutions become tomorrow's economic powerhouse. And I want to be clear, all New Yorkers will and must benefit from this major investment that we are making.”

Stony Brook University, as the anchor institution, will lead The Exchange while other partners, including President Krislov, will have a seat on The Exchange’s Board of Directors. Local partners include Pratt Institute, New York University, the City University of New York, SUNY Maritime College, Brookhaven National Labs and IBM.

In addition to local schools involved in The Exchange, the organization will also partner with Georgia Tech, University of Washington, Duke University, Rochester Institute of Technology and the University of Oxford. Additional partners are the Simons Foundation, one of the largest charitable organizations in the United States; social justice and local advocacy groups such as GOLES, The Point and WeACT for Justice; treasured New York institutions including the American Museum of Natural History; and research and business leaders such as Boston Consulting Group and Moody’s.

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