Decarbonization Advisory Panel Beliefs and Recommendations


  • Alicia Seiger
  • Joy Therése-Williams
  • Bevis Longstreth
  • Cary Krosinksy
  • George Serafeim
  • Timothy Smith
Publish Date:
April 16, 2019
Publication Title:
Decarbonization Advisory Panel Beliefs and Recommendations
Office of New York State Comptroller Thomas DiNapoli
Place of Publication:
Albany, New York
  • Alicia Seiger, Joy Therése-Williams, Bevis Longstreth, Cary Krosinksy, George Serafeim & Timothy Smith, Decarbonization Advisory Panel Beliefs and Recommendations, A Report to Thomas P. DiNapoli, State Comptroller, State of New York, April 16, 2019.


The Decarbonization Advisory Panel was charged with advising the New York State Comptroller, the sole trustee of the $209 billion New York State Common Retirement Fund, on how best to mitigate investment risks form climate change and maximize opportunities from the new, low-carbon economy. This report details the six-member panel’s beliefs and recommendations. The panel recommends the fund pursue a 100% sustainable portfolio by 2030, create a new climate solutions allocation and break down the dozens of soft barriers getting in the way of investing in a new climate.