Michael R. Bloomberg Announces New Effort To Close A Quarter Of the World’s Remaining Coal Plants And Cancel All Proposed Coal Plants Globally by 2025
November 1, 2021
Michael R. Bloomberg, the UN Secretary-General’s Special Envoy for Climate Ambition and Solutions and Founder of Bloomberg Philanthropies, announced a new effort to move the world beyond coal power as fast as possible. In support of the UN Secretary-General’s call to phase out coal power by 2030 for the OECD and EU27 and by 2040 everywhere else, Bloomberg Philanthropies announced a campaign to work to close a quarter of the world’s 2,445 remaining coal plants and all 519 proposed coal plants by 2025 by dramatically expanding its current efforts in seven countries and the EU to an additional 25 developing countries where coal power is projected to rapidly grow.
Read moreBloomberg Global Coal Countdown 2.0 Reveals State Of Global Coal Detailed by Country for COP26 Climate Negotiations
November 1, 2021
Michael R. Bloomberg, the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and Founder of Bloomberg LP and Bloomberg Philanthropies, in partnership with the Powering Past Coal Alliance (PPCA), released significant updates to the Bloomberg Global Coal Countdown, the most comprehensive online resource on the state of global coal. New features include country-level data and analysis on coal plant capacity, coal power generation, expected coal retirements, and latest country commitments to phasing out coal, as well as coal reports, research, and news stories.
Read moreBloomberg Announces Founding Members of CFLI India
October 31, 2021
Today UN Special Envoy for Climate Action and Solutions Michael R. Bloomberg announced the nine founding members of CFLI India. CFLI India’s members are leaders in climate and infrastructure finance and bring the same global scale and influence of the Climate Finance Leadership Initiative (CFLI) to concentrate action on accelerating private climate finance flows in India, a critical market for climate action and opportunity.
Read moreWinning Cities From the Bloomberg American Cities Climate Challenge On Track to Collectively Reduce Emissions By 32 Percent and Surpass 2025 Paris Goals
October 28, 2021
The 25 cities who participated in the Bloomberg American Cities Climate Challenge are projected to reduce 74 million metric tons of carbon emissions through 2030, as documented in a new report.
Read moreBloomberg Philanthropies and Johns Hopkins University Establish the Bloomberg Center for Public Innovation
October 20, 2021
New $43 million investment will help cities develop creative solutions and deliver better results for residents while advancing the field of public sector innovation.
Read moreBloomberg Philanthropies Announces New Partnership with International Solar Alliance to Mobilize $1 Trillion in Solar Financing
October 19, 2021
Bloomberg Philanthropies and the International Solar Alliance (ISA) today announced a partnership to mobilize $1 trillion in global investments for solar energy across ISA’s member countries.
Read moreNew Bloomberg Resource Lights Paths to a Net-Zero CO2 Future
October 18, 2021
Bloomberg has launched a new online resource specifically intended to help policymakers find concrete, actionable solutions to address the climate crisis.
Read moreBloomberg Philanthropies Commits $25 Million to Accelerate Satellite and Airborne Methane Sensing Technologies to Turbocharge Fight Against Climate Change
October 12, 2021
Bloomberg Philanthropies, Carbon Mapper, and partners announced the Carbon Mapper Accelerator program, to accelerate the deployment of emerging remote sensing technologies needed to effectively pinpoint, quantify, and diagnose sources of high-emission methane and carbon dioxide (CO2) globally.
Read moreMayor of London and Bloomberg Philanthropies Launch New Community Program to Tackle Toxic Air
October 12, 2021
Mayor of London Sadiq Khan today launched a new Breathe London community program in partnership with Bloomberg Philanthropies.
Read moreLeading Philanthropic Organizations Partner And Commit to Over $223 Million To Reducing Methane Emissions
October 11, 2021
A first-of-its-kind alliance of more than 20 leading philanthropic organizations announced an intention to fund more than $223 million to drastically reduce methane emissions around the world. This includes supporting the diplomatic effort spearheaded by the United States and European Union’s Global Methane Pledge to reduce methane emissions by 30% by the year 2030 and limit warming to 0.2℃ by 2050.
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