Dr. Stephen Hammer was selected as the Founding CEO of The New York Climate Exchange in November of 2023. As CEO, Dr. Hammer will lead a first-of-its-kind collaborative model for accelerating climate change solutions for New York City and beyond.
As one of the world’s leading experts on both local and global climate policy matters, Dr. Hammer brings more than thirty years of experience to this role. Prior to joining The Exchange, Dr. Hammer spent a decade at the World Bank where he served as Senior Policy Advisor on urban scale climate solutions and global climate policy and finance issues. He spearheaded much of the Bank’s early work on urban climate resilience, the modeling of low carbon development, and capacity building, and supported the rollout of efforts to mainstream climate change into all facets of the Bank’s lending operations. As a strategic advisor to senior management, he oversaw many of the Bank’s key climate partnerships with the UNFCCC, the UN Secretary General’s team, and the G20. Dr. Hammer regularly represented the Bank in international for a, most recently supporting the work of the UNFCCC’s Transitional Committee charged with establishing the new global fund on Loss and Damage that was a key outcome at COP27.