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Press Releases

Environment

The Earthshot Prize and Bloomberg Philanthropies Convene World Leaders, Investors, and Activists to Celebrate and Scale Climate Innovators’ Groundbreaking Solutions

September 21, 2022

The Earthshot Prize and Bloomberg Philanthropies co-hosted The Earthshot Prize Innovation Summit in New York City. The Summit focused on driving systems-changing climate solutions to repair our planet by bringing together heads of state, government leaders, philanthropists, business executives, and grassroots climate activists from around the world to showcase, replicate, and scale the groundbreaking solutions needed to tackle the world’s most pressing environmental challenge.

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Environment

Climate Data Steering Committee Proposes Recommendations for the Development of First-Ever Publicly Accessible Climate Data Utility

September 21, 2022

The Climate Data Steering Committee unveiled recommendations on the design of a new open-data utility, the Net-Zero Data Public Utility (NZDPU), and how it should address data gaps, inconsistencies, and inaccessibility that slow climate action. The recommendations were agreed today on the margins of the United Nations General Assembly and will be issued for public consultation until October 20, 2022.

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Environment

Michael R. Bloomberg Launches New $85 Million Campaign to Stop Rapid Rise of Pollution From the Petrochemical Industry in the United States

September 21, 2022

Michael R. Bloomberg launched Beyond Petrochemicals: People Over Pollution, a new campaign that aims to halt the rapid expansion of petrochemical and plastic pollution in the United States.

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Environment

Bloomberg Philanthropies Intensifies Efforts to Protect the World’s Ocean

September 21, 2022

Bloomberg Philanthropies announced it is expanding its commitment to protect the ocean, coastal communities and marine ecosystems. The Bloomberg Ocean Initiative will invest $204 million to leverage data-driven solutions, policy solutions, and community involvement to protect coral reefs, stop illegal fishing, and safeguard marine ecosystems and biodiversity that are at risk from the growing impacts of climate change.

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Environment

Bloomberg Philanthropies Expands Global Clean Energy Transition Program in 15 Developing Countries

September 21, 2022

Michael R. Bloomberg announced the expansion of his efforts to accelerate the clean energy transition into another 15 developing countries, where there is abundant potential for solar, wind, and other renewable energy capacity and a growing demand for sustainable power production.

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Public Health

Heads of State Commit to Noncommunicable Disease Global Compact to Save 50 Million Lives by 2030

September 21, 2022

Dr. Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO), launched a new report calling on global leaders to take urgent action on noncommunicable diseases (NCDs), responsible for 17 million premature deaths every year.

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Environment

Wind and Solar Top 10% of Global Power Generation for First Time

September 21, 2022

The world’s wind and solar projects combined to meet more than a tenth of global electricity demand for the first time in 2022, according to research company BloombergNEF (BNEF). At the same time overall electricity demand, production from coal-fired power plants, and emissions all surged in 2021 as the global economy regained its footing following the Covid-19 pandemic.

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Government Innovation

Michael R. Bloomberg and Energy Secretary Jennifer Granholm Speak to Mayors at Local Infrastructure Hub Convening

September 15, 2022

Bloomberg Philanthropies hosted the third virtual convening for mayors as part of the Local Infrastructure Hub: Support for U.S. Cities and Towns to Put Federal Funding to Work for Residents. Michael R. Bloomberg, Founder of Bloomberg LP and Bloomberg Philanthropies and the 108th mayor of New York City, was joined by Department of Energy (DOE) Secretary Jennifer Granholm. The Hub is a national program, launched in July, to ensure that all cities and towns can access funding from the $1 trillion Bipartisan Infrastructure Investment and Jobs Act to drive local recovery, improve communities, and deliver results for residents.

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Founder's Projects

Bloomberg Philanthropies’ Greenwood Initiative Launches New Racial Wealth Equity Database

September 15, 2022

Bloomberg Philanthropies’ Greenwood Initiative announced the launch of the Black Wealth Data Center (BWDC) which will host the new Racial Wealth Equity Database. The BWDC aims to empower decision-makers – including practitioners, elected officials at all levels, and philanthropists – as well as journalists, working to improve and chronicle economic opportunity by making it easier for them to find and analyze a wide range of factors correlated to economic well-being and progress by race.

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Environment

The Earthshot Prize and Bloomberg Philanthropies Announce Speakers and Participants for The Earthshot Prize Innovation Summit

September 13, 2022

The Earthshot Prize and Bloomberg Philanthropies previewed confirmed speakers and programming for The Earthshot Innovation Summit, which will take place on the morning of September 21, 2022 at The Plaza Hotel in New York City.

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