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Environment

Subnational Climate Action Leaders’ Exchange (SCALE) Launches Transformative Initiative to Scale Up Multi-Level Collaboration on Methane

December 2, 2023

SCALE celebrated its first year with high-level dialogue with mayors and governors, including the launch of the Lowering Organic Waste Methane initiative, at the historic COP28 Local Climate Action Summit 

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Environment

COP28 Presidency and Bloomberg Philanthropies Kick-Off Historic Local Climate Action Summit to Celebrate and Scale Multi Level Climate Partnerships

December 2, 2023

COP28 Presidency and Bloomberg Philanthropies convened the first-ever subnational leaders’ summit at a COP, attended by over 450 attendees from 60+ countries, including over 250 mayors and governors. The two-day event, which marks a new era of inclusion and integration in the COP program, saw the launch of a pioneering initiative endorsed by 63 governments to empower local and regional leaders in the creation and execution of ambitious Nationally Determined Contributions (NDCs) and the announcement of a new $65 million commitment to support to city networks.

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Environment

Breathe Cities Unveils New Cohort of Cities to Join Ambitious Initiative to Fight Toxic Air Pollution

December 2, 2023

During the COP28 Local Climate Action Summit, Bloomberg Philanthropies, Clean Air Fund, and C40 Cities announced a new cohort of cities to benefit from funding, technical support, air quality data, community engagement, capacity building, and additional support as part of the Breathe Cities clean air initiative. This $30 million initiative, launched earlier this year by Michael R. Bloomberg, the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and founder of Bloomberg Philanthropies, and London Mayor and C40 Co-Chair Sadiq Khan, aims to reduce air pollution, slash carbon emissions, and enhance public health. 

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Environment

President Emmanuel Macron and Michael R. Bloomberg Deliver Proof of Concept for Groundbreaking Net-Zero Data Public Utility at COP28

December 2, 2023

French President Emmanuel Macron and UN Secretary-General’s Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg unveiled the proof of concept for the Net-Zero Data Public Utility (NZDPU or the Utility).

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Environment

EBRD and Bloomberg Philanthropies to work together on coal phaseout and clean energy transition

December 2, 2023

The European Bank for Reconstruction and Development (EBRD) and Bloomberg Philanthropies today announced a partnership to explore advancing coal phaseout and capital mobilisation for the clean energy transition across the Western Balkans and the Southern and Eastern Mediterranean (SEMED) regions. 

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Environment

Michael R. Bloomberg Recommits Support for Local Climate Leadership Around the World

December 1, 2023

At the COP28 Local Climate Action Summit, UN Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg – alongside United Nations Secretary-General Antonio Guterres, COP28 President Dr. Sultan Ahmed Al Jaber, and 450+ mayors, governors, and local leaders – announced a new $65 million commitment to continue his support for local climate action to reduce emissions around the world.

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Environment

UN Agencies, Multilateral Development Banks, Private Sector Finance, and Philanthropy Leaders Unite to Scale Climate Finance Capacity Building

December 1, 2023

At COP28, UN Secretary-General’s Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg – alongside senior leaders of multilateral development banks, finance, and international organizations – announced the launch of the Global Capacity Building Coalition.

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Environment

CFLI India Announces Climate Finance Solutions with the Potential to Mobilize over US $6.5 billion in India

December 1, 2023

Michael R. Bloomberg, the UN Secretary-General’s Special Envoy on Climate Ambition and Solutions and founder of Bloomberg L.P. and Bloomberg Philanthropies, and the Climate Finance Leadership Initiative (CFLI) India, announced climate finance solutions with the potential to mobilize over US $6.5 billion in support of India’s low-carbon, climate resilient development at COP28.

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Environment

Bloomberg Philanthropies and Goldman Sachs Catalyse ~$500 Million of Investment in the Clean Energy Transition in South and Southeast Asia

November 29, 2023

Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic development in South and Southeast Asia.

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Environment

COP28 President Sultan Al Jaber and UN Special Envoy Michael R. Bloomberg Announce Historic Global Delegation of Governors, Mayors, and Local Leaders to Turbocharge Subnational Climate Action at COP28 Local Climate Action Summit

November 22, 2023

COP28 President Dr. Sultan Al Jaber and UN Special Envoy on Climate Ambition and Solutions, Michael R. Bloomberg announced an unprecedented delegation of subnational leaders to join them at COP28 for the opening leader’s segment of the COP28 World Climate Action Summit.

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