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Environment

Bloomberg Philanthropies’ Vibrant Oceans Initiative Unveils New Research Validating the 50 Reefs’ Approach to Conserving Coral from Climate Threats

November 11, 2021

Bloomberg Philanthropies’ Vibrant Oceans Initiative (VOI) released a report finding the 50 Reefs-inspired approach – which prioritizes conservation of a global portfolio of coral reefs that, absent other threats, have the greatest potential to survive climate change and repopulate surrounding reefs – has helped at least 26 organizations and eight funders prioritize 60 coral reef ecosystems across over 40 countries.

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Environment

Bloomberg Philanthropies Announces Support for the Future of the UN’s Race to Zero and Race to Resilience Campaigns

November 11, 2021

The Race To Zero and Race to Resilience campaigns will continue their momentum beyond COP26, elevating action from businesses, cities, regions, investors, educational institutions, and healthcare institutions to reduce emissions and build climate resilience. Supported by Bloomberg Philanthropies, the Races focused on stakeholder actions, aim to support governments to meet the goals of the Paris Agreement, heralding a new age of inclusive multilateralism by incorporating non-state climate leaders and organizations into the climate process through 2025.

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Environment

Electric Vehicle Sales Headed For Five And A Half Million In 2021 As Automakers Target 40 Million Per Year By 2030

November 10, 2021

Passenger electric vehicle sales are set to jump over 80% in 2021, to 5.6 million units, off the back of unprecedented industry and government commitments around the world over the last two years, according to the Zero-Emission Vehicles Factbook, a special report published today by BloombergNEF (BNEF), at the request of the U.K. COP26 Presidency and in partnership with Bloomberg Philanthropies.

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Bloomberg Philanthropies Commits Additional $120 Million to Reduce Overdose Deaths in U.S.

November 10, 2021

Bloomberg Philanthropies is making a five-year, $120 million investment to help combat the overdose crisis in the hard-hit states of Kentucky, New Jersey, New Mexico, North Carolina and Wisconsin. This investment brings Bloomberg Philanthropies’ total commitment to the Bloomberg Opioids Overdose Prevention Initiative, which was launched in 2018 with $50 million, to $170 million over eight years.

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Education

Bloomberg Philanthropies Commits Additional $25 Million To Career and Technical Education Programs to Better Prepare U.S. High School Students for Workforce Amidst Upheavals Caused By COVID-19 Pandemic

November 9, 2021

Bloomberg Philanthropies today announced an increased commitment to preparing young people for well-paying jobs and helping them recover from the financial and educational disruptions of the COVID-19 pandemic with $25 million of additional support for career and technical education programs in nine U.S. cities and across two states.

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Environment

UN Special Envoy for Climate Ambition and Solutions Michael R. Bloomberg Joins UN Special Envoy on Climate Action and Finance Mark Carney as Co-Chair for GFANZ

November 2, 2021

Today UN Special Envoy for Climate Ambition and Solutions and Global Ambassador for the UN’s Race to Zero Campaign Michael R. 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.

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Environment

Showing All-Of-Society U.S. Commitment to Climate Action, U.S. Federal Government and America Is All In Come Together at COP26

November 1, 2021

Today, at the 26th Conference of Parties (COP26) in Glasgow, Scotland, 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 and UN Secretary-General’s Special Envoy for Climate Ambition and Solutions Michael R. Bloomberg, and All In coalition members New Mexico Governor 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.

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Environment

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.

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Environment

Bloomberg 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 for 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.

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Environment

Bloomberg 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.

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