Soros-Funded Climate Policy Initiative Expands in Europe

New Venice Office to Track Climate Finance

VENICE, Italy, April 13, 2010 - The following was released today by the Climate Policy Initiative:

    WHAT: Press Conference on New Climate Economics Partnership in Venice

    WHEN: Friday 16 April 2010, 12:45-13:30

    WHERE: Fondazione Eni Enrico Mattei
    Island of San Giorgio Maggiore
    30124, Venice, Italy

    WHO:
    - George Soros, Financier, Philanthropist, and Climate Policy Initiative
      Funder
    - Paolo Scaroni, President, Fondazione Eni Enrico Mattei
    - Giovanni Bazoli, President, Fondazione Giorgio Cini
    - Carlo Carraro, President, University of Venice; Chairman, Scientific
      Advisory Board, FEEM
    - Thomas C. Heller, Founding Executive Director, Climate Policy
      Initiative
    - Barbara Buchner, Director, Climate Policy Initiative Venice Office;
      former Senior Energy and Environment Analyst at the International
      Energy Agency

The Climate Policy Initiative (CPI), a new international research
organization devoted to the evaluation of climate policies and established
with funding from George Soros, is opening an office in Venice. Housed within
the Fondazione Eni Enrico Mattei (FEEM), a leading Italian economics research
institute, the office will collaborate closely with FEEM's economists and
environmental analysts. It will also work with the finance and business
communities to understand how emerging climate policies create and affect
markets that allocate investment capital. Main focus areas of the Venice
office include tracking multilateral climate finance and analyzing lessons
learned from infrastructure finance.

CPI operates centers in San Francisco and Berlin; additional offices are
planned for Beijing, New Delhi, and Rio de Janeiro.

Climate Policy Initiative (CPI) (www.climatepolicyinitiative.org)

is a nonprofit institution that examines the effectiveness of energy and
climate policies around the globe. Its mission is to help nations achieve
low-carbon development by evaluating their efforts to promote the new energy
economy.

Fondazione Eni Enrico Mattei (FEEM)

(www.feem.it/getpage.aspx?id=62) is a nonprofit, nonpartisan
research institution devoted to the study of sustainable development and
global governance. Over the past 20 years, FEEM has grown to become a
leading research centre, providing timely and objective analysis on a wide
range of environmental, energy, and global economic issues.

Michael Vachon, +1-212-320-5526 (o), +1-917-859-0970 (m), Michael.Vachon at soros.com, for Climate Policy Initiative