We will present the relevant activities performed during the International Heliophysical Year (IHY) program during the 5 year period 2004 - 2008. The IHY was a major international effort that involved the deployment of new instrumentation, new observations from the ground and in space, and a strong education component. Under the United Nations Office for Outer Space program called Basic Space Science Initiative (UNBSSI), instrument arrays have been deployed to provide global measurements of heliophysical phenomena. As a result, significant scientific and educational collaborations emerged between the organizing groups and the host country teams. In view of the great successes achieved by the IHY during these years, we propose to continue the highly successful collaboration with the UN program to study the universal processes in the solar system that affect the interplanetary and terrestrial environments, and to continue to coordinate the deployment and operation of new and existing instrumentation arrays aimed at understanding the impacts of Space Weather on Earth and the near-Earth environment. To this end, we propose a new program, the International Space Weather Initiative (ISWI). The ISWI strongly complements the International Living With a Star (ILWS) program, providing more attention nationally, regionally, and internationally for the ILWS program. Based on a three-year program activity, the ISWI would provide the opportunity for scientists around the world to participate in this exciting quest to understand the effect of space disturbances on our Earth environment.