He also proposed and led the creation of the Investor Network on Climate Risk and the Institutional Investor Summit on Climate Risk, a gathering of public and private sector financial leaders held every two years at UN Headquarters in New York City. At the most recent meeting of the INCR, global investors and pension funds worth more than $22 trillion explored the financial dangers of climate change and pressed for a tripling of investment in clean energy technology to reach an annual goal of $1 trillion a year.