University of Zurich and Arnold Schwarzenegger seal climate deal
Arnold and Christian Schwarzenegger are forging a new sustainable financing alliance
University of Zurich
The University of Zurich has agreed to create a sustainable finance alliance with Hollywood legend Arnold Schwarzenegger’s USC Schwarzenegger Institute and the R20 environmental non-governmental organisation founded by the former governor of California.
This content was published on
2 minutes
UZH/sb
Русский
ru
Арнольд Шварценеггер и Университет Цюриха создали альянс
Their “Green Economy and Finance Initiative” aims to combine green finance initiatives in the US and Switzerland together with academic research.
“The three organisations will work together to help accelerate the transition to sustainable clean energy and make the world safer and healthier for all its citizens. By combining academic research with green financing initiatives and sub-national leadership I am confident that we can meet the ambitious goals outlined in the Paris Agreement,” said Schwarzenegger in a statement External linkon Monday.
According to the university, the United Nations’ Sustainable Development Goals (SDGs) and Paris Climate Change agreement will cost at least $90-100 trillion (CHF90.3-100.3 trillion) over the next 15 years, leaving an estimated $2.5 trillion funding gap.
“These ambitious, but imperative goals can only be achieved through a joint effort by academia, political leaders, the non-profit sector, technology holders and the financial markets,” the statement said.
The University of Zurich says it will bring expertise in economics, banking and law to the alliance and use transparent, peer-reviewed methodologies to offer “powerful metrics and analysis to assess both the climate risk and the climate impact of financial portfolios”.
More
More
Geneva to host new sustainable finance network
This content was published on
The United Nations Environment Programme is establishing the secretariat of its new network of Financial Centres for Sustainability in Geneva.
This content was published on
Gabriel Brenna, Chief Executive Officer (CEO) of Liechtensteinische Landesbank (LLB) since 2021, has been appointed head of Raiffeisen.
This content was published on
“Wait and see" seems to be the position adopted by large Swiss companies in the face of US President Donald Trump's trade policy.
Eurostar plans direct link between London and Geneva
This content was published on
The Eurostar railway company wants to offer a direct connection between Switzerland and Great Britain for the first time in the coming years.
Lucy Liu to receive career award at Locarno Film Festival
This content was published on
The Locarno78 Career Achievement Award goes to American actress Lucy Liu. The award will be presented to her on Thursday 14 August on the Piazza Grande.
Swiss foreign minister travels to Israel and Palestinian territories
This content was published on
Swiss Foreign Minister Ignazio Cassis is travelling to the Middle East on Tuesday and Wednesday for official visits to the Palestinian and Israeli authorities.
This content was published on
This year's Zurich city lake crossing is planned for 2 July. Should the weather not play ball or the water be too cold, two alternative dates are planned.
June 14 women’s strike: no equality without pay rises for women
This content was published on
Although pay inequality persists, large companies are ignoring the basic provisions of the Equality Act, Swiss trade union Unia criticised on Tuesday.
Israeli army has committed crimes against humanity, say UN investigators
This content was published on
The Israeli army has committed crimes against humanity of extermination by targeting civilian refugees in schools and religious sites, say UN investigators.
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Schwarzenegger flexes green muscles in Geneva
This content was published on
The Hollywood action hero was in Geneva this week in his latest role as green activist to inaugurate his R20 non-profit environmental group, which has established a headquarters at Versoix, on the city outskirts. During his three-day visit Schwarzenegger broke Geneva University audience records at a public conference on his latest “crusade” – climate change…
Swiss stock exchange stays on sustainability initiative sidelines
This content was published on
Switzerland's SIX Group is one of the few major global trading platforms not to be part of the UN Sustainable Stock Exchange initiative.
This content was published on
Keeping the Earth’s temperature rise to only 1.5 degrees Celsius is “in principle possible”, says a Swiss scientist, but time's running out.
This content was published on
The United Nations Environment Programme is establishing the secretariat of its new network of Financial Centres for Sustainability in Geneva.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.