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Newly Formed New Mexico Climate Investment Center Seeks First Board Members - City of Albuquerque

City of Albuquerque · last updated

Newly Formed New Mexico Climate Investment Center Seeks First Board Members - City of Albuquerque

Newly Formed New Mexico Climate Investment Center Seeks First Board Members

The New Mexico Climate Investment Center (NMCIC), created in October 2023, is seeking members to fill its first NMCIC Board of Directors.

The NMCIC was established to address the challenges of climate change while bringing greater economic prosperity to low-income households and businesses. Governor Michelle Lujan Grisham and the Coalition of Sustainable Communities have appointed a nominating committee to select candidates for the NMCIC Board of Directors. Albuquerque City Councilor for District 7, Tammy Fiebelkorn is on the board's nominating committee.

"The NMCIC brings an unprecedented approach to diminish the impact of climate change for low-income households, small businesses and tribal communities," said Albuquerque District 7 Councilor Tammy Fiebelkorn, "I strongly encourage anyone interested to submit your name for consideration for the NMCIC board. The NMCIC will be instrumental in helping families and communities across the state overcome the costs associated with making their homes, businesses, and buildings safe and comfortable and help our environment."

Once the NMCIC board positions are filled, the board will be tasked with establishing governance processes, strategic planning, and business structure design, among other responsibilities. The board also will hire the center's first chief executive officer.

There will be five to 11 voting board members who will serve one- and two-year terms, which can be extended. The nominating committee, which was created with appointments from Gov. Michelle Lujan Grisham and the Coalition of Sustainable Communities New Mexico, will evaluate candidates based on their subject matter experience in one or more of the following areas:

Investment or deployment of clean technologies.

Climate change mitigation and adaptation.

Environmental justice.

Economic issues faced by low-income communities.

Investment fund management.

Economic development.

Foundation of nonprofit management.

Candidates will also be judged on their availability for board and committee meetings, which will take about eight hours a month during the first year, and their experience in community leadership and with organizational development.

Additional information for interested applicants is available at https://nmclimateinvestmentcenter.org/board-applications.

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Related Knowledge Center: Climate economics

State of Play

Climate change is now a driver of the world’s economy. The impact is profound:

  • Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
  • Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
  • Investment in carbon capture and storage technologies is increasingly rapidly.
  • Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases. 

On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”

More informationabout Climate economics