"The city hopes to begin construction in 2011 and when complete, the $20 million, 80,000 square foot center will feature UN Global Compact offices, a clean tech incubator, and a conference center. It will, according to Mayor Gavin Newsom, “serve as an anchor for other sustainable businesses at the Shipyard in much the same way that the University of California and the Stem Cell Institute have anchored Mission Bay’s burgeoning biotech and life sciences cluster.” Translation: the center will hopefully lead to a fresh crop of sustainability-focused businesses in the same area."
From the San Fransisco Chronicle:
Gavin Power, deputy director of the U.N. Global Compact, said San Francisco's long track record of environmental awareness makes it the perfect spot for the United Nations' first center to study global warming.
"We hope it will be a vibrant laboratory bringing together leading academics, researchers, social entrepreneurs and others who will collaborate and work on solutions."