Karen Clark Honored with Award for Nobel Peace Prize

BOSTON, May 21, 2008

Karen Clark & Company announced today that Karen Clark, President and CEO, has been honored with an award certificate for the 2007 Nobel Peace Prize bestowed on the Intergovernmental Panel on Climate Change (IPCC). According to the accompanying letter from R. K. Pachauri, IPCC Chairman, "We are providing a copy of this award only to those who have contributed substantially to the work of the IPCC over the years since the inception of the organization."

Karen Clark first contributed to the work of the IPCC as a co-lead author for the Second Assessment Report published in 1995. Since that time, she has sponsored and supported scientific research on climate change and its potential impacts with respect to severe weather events. "It's a great honor to be associated with the IPCC, the 2007 co-recipient of the Nobel Peace Prize, and to be recognized as a valuable contributor to such an important body of scientific work," said Ms. Clark. "Climate change is clearly one of the most critical issues of our time and an area of vital ongoing scientific investigation," continued Ms. Clark.

On December 10, 2007 the Intergovernmental Panel on Climate Change and Albert Arnold (Al) Gore Jr. were awarded the Nobel Peace Prize "for their efforts to build up and disseminate greater knowledge about man-made climate change, and to lay the foundations for the measures that are needed to counteract such change." In his acceptance speech, Mr. Pachauri stated "The IPCC produces key scientific material that is of the highest relevance to policymaking, and is agreed word-by-word by all governments, from the most skeptical to the most confident. This difficult process is made possible by the tremendous strength of the underlying scientific and technical material included in the IPCC reports."