Launch of Alliance for a Climate Resilient Earth (ACRE): The Global Insurance, Investment and Infrastructure Sectors
Fall 2020 • Global
The Earth Council Alliance (ECA) and the bipartisan Stimson Center in Washington DC have created this initiative to advance the development of climate resilient infrastructure in cities in the U.S. and around the world.
A primary focus will be on the relationships between the global insurance, investment and infrastructure sectors. This is based on the recognition that it is these sectors that will have to develop new metrics and standards if the effects of the major weather events are going to be addressed at the needed scale.
ECA is developing a network of leaders in these sectors that will complement and work with other partnerships they have formed over the past several years. There is a concern and seriousness of intent to deal with climate resilience challenges in these sectors at global scale that has matured in the past few years.
One of the partners in the alliance is the American Society for Civil Engineers, which is developing a set of climate resilient building code standards for major infrastructure projects which will have global influence. Other partners from these three sectors are being brought into the alliance.
ECA has also been in discussion with partners in Amsterdam and Miami, which will serve as pilot cities for the application of many of the standards developed by members of the alliance.
The alliance will be officially launched via teleconference at the world’s leading climate change conferences in the coming year.
Blackstone Ranch Institute provided an early grant to help support the launch.