Published on March 9, 2014
A PROPOSAL FOR THE NEW YORK CONSENSUS 2014 NEW YORK C O N S E N S U S 2 014 1
C O N The C E P T The New York Consensus is a unique forum matching evidence based investment opportunities in development with next generation philanthropy 2
Copenhagen Consensus is While the conference produces conference that convenes some of some of the most thoughtful and the greatest minds of our rigorous content in development generation to research and propose the most cost effective policy, the publications often fall on deaf ears. investments in aid and The New York Consensus plans to development. The BACKGROUND 3 go one step forward.
$54,000 $12,000 AVERAGE AMOUNT DONATED TO CHARITY EACH YEAR BY GEN X/Y AVERAGE AMOUNT DONATED TO CHARITY EACH YEAR BY BOOMERS+ The TRENDS IN NEW WEALTH 4
The next generation of philanthropy (Gen X and Millennials) are responsible for unprecedented amounts of wealth and influence – projected $41 Trillion of wealth transfer to post-baby boom generations in the first half of the 21st century in the US alone. The TRENDS IN NEW WEALTH 5
A PERFECT MARRIAGE The NYConsensus is a proposal for a US branch of the Copenhagen Consensus, taking the CCC content one step further and providing a forum for direct investment by influencers, philanthropists and next generation leaders The Copenhagen Consensus needs implementers just as much as new philanthropy needs scientists 6
A PERFECT MARRIAGE Implicit in attending the conference is a commitment to investment in a conference proposal 7
A PERFECT MARRIAGE This will be the ﬁrst next generation philanthropy forum of its kind offering the potential to mobilize a signiﬁcant amount of capital towards solving the world’s greatest issues. 8
2 DAY CONFERENCE in the Fall of 2014 in New York City CONTENT: 100 FORMAT CONFERENCE PARTICIPANTS Paper presentations on the best investments in various topic threads like Hunger and malnutrition, Climate Change and Energy, Health, Conﬂicts and Terrorism, Trade & Migration, Education, Inequality, Water & Sanitation, etc). 1 Conference wrap up with participant pledges towards personal investment in one of the proposals Week before the conference, select papers are published in a issue of Foreign Policy or Foreign Affairs as lead up to the conference. 9
DETAILS SPEAKERS: Nobel laureates from CC network and other change-makers and visionaries such as Sir Richard Branson and Jeffrey Sachs PARTICIPANTS: Private wealth clients of bank sponsors (JP Morgan, Goldman Sachs), Nexus Youth Summit Network, Tech entrepreneurs, family ofﬁces VENUES: TBD, auditorium / meeting space in either hotel or academic institution (Columbia University, NYU, New School), perhaps the Center for Social Innovation FUNDING: Ticket sales, corporate and content sponsors (McKinsey, JP Morgan Private Wealth Management group), grants 10
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