Wednesday, November 3, 2021
Mike Bloomberg Joins Mark Carney as Co-Chair for Global Financial Alliance for Net Zero (GFANZ)
On Wednesday, COP26 focus turns to climate finance. Mike Bloomberg announced he will join Mark Carney as co-chair for the Glasgow Financial Alliance for Net Zero (GFANZ), a private sector-led initiative anchored in the UNFCCC’s Race to Zero framework. GFANZ is committed to accelerating and mainstreaming the decarbonization of the world economy and reaching net-zero emissions by 2050. Today GFANZ includes over 450 financial institutions representing assets of more than $130 trillion across 45 countries. Read the press release here.
On Twitter, Mike tweeted:
From LA to Bogotá to London, Global Mayors Unite to Deliver Critical City Momentum to World Leaders
In Glasgow today, C40 Chair Mayor Garcetti announced the successful delivery of UN-backed Cities Race to Zero campaign before handing the baton over to C40 Chair-elect Mayor Khan, who outlined his bold new vision for leveraging what cities can deliver in the fight against climate change. Read the press release here.
On Twitter, Mike Bloomberg tweeted:
Monday, November 1, 2021
Showing All-Of-Society U.S. Commitment to Climate Action, U.S. Federal Government and America Is All In Come Together at COP26
The Biden-Harris Administration and American non-federal leaders came together to celebrate the re-engagement of the U.S. federal government in the global climate effort and show the collective momentum across sectors for ambitious climate action. America Is All In co-chair Mike Bloomberg and coalition members New Mexico Gov. Michelle Lujan Grisham, National Congress of American Indians President Fawn Sharp, New Orleans Mayor LaToya Cantrell, and others celebrated the return of the U.S. government after a five-year absence. Additionally, Bloomberg Philanthropies is committing $10 million in funding to ensure that a whole-of-society approach continues as the United States works to pass and implement landmark climate legislation, and cities, states, businesses, and other organizations can continue to collaborate on climate research, campaigns, and advocacy. Read the press release here.
Mike Bloomberg Meets with Canadian Prime Minister Justin Trudeau at COP26 to Discuss the Urgency in Tackling Climate Change
On Twitter, Prime Minister Trudeau tweeted:
On his Instagram, Mike posted:
“Prime Minister Justin Trudeau understands that tackling climate change and building a more resilient, sustainable economy go hand-in-hand. His leadership to power past coal in Canada is the kind of commitment we need from countries – and it was great to see him at COP26 today.”
Mike Bloomberg Announces New Effort to Close a Quarter of the World’s Remaining Coal Plants and Cancel All Proposed Coal Plants Globally by 2025
Mike Bloomberg 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 the press release here.
Bloomberg Global Coal Countdown 2.0 Reveals State of Global Coal Detailed by Country for COP26 Climate Negotiations
Mike Bloomberg in partnership with the Powering Past Coal Alliance, 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 the press release here. Visit the Bloomberg Global Coal Countdown here.
Sunday, October 31, 2021
Bloomberg Announces Founding Members of CFLI India
Mike 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 the press release here.