Bank of America Chairman Charles Holliday has been named as the co-chairman of the United Nations’ new high-level ‘Sustainable Energy for All’ group set up by Secretary-General Ban Ki-moon.
Holliday will co-lead the group alongside Kandeh Yumkella, the Director-General of the UN Industrial Development Organization (UNIDO).
“Private sector investment, innovation, and the entrepreneurial spirit had a significant role to play” in the initiative, Holliday said.
The UN has assembled an ‘A-list’ membership from business, finance and policy-making.
They include US energy secretary Stephen Chu, Duke Energy Chairman and CEO James Rogers and China Development Bank Chairman Chen Yuan.Among other prominent names are Sultan Ahmed Al Jaber, the CEO of the United Arab Emirates’ Masdar and Siemens’ CEO Peter Löscher.
Figures from the world of investments include Wolfgang Engshuber, the chairman of the UN Principles for Responsible Investment and Michael Liebreich, CEO, Bloomberg New Energy Finance.
Other names include former BP CEO Lord Browne and former Shell CEO Sir Mark Moody-Stuart in his capacity as chairman of the UN Global Compact Foundation and Achim Steiner, Executive Director of the UN Environment Programme.
Mark Fulton, Global Head of Climate Change Investment Research at Deutsche Bank, will sit on the technical group. UN Announcement