Press & Media

Bloomberg Philanthropies Announces Partnership with Powering Past Coal Alliance to Strengthen Global Efforts to Phase Out Coal

Bloomberg Philanthropies and the Powering Past Coal Alliance announced a new partnership to develop research and case studies in support of national, regional, and local governments around the world who have committed to or are considering phasing out coal from their energy portfolios.

At the Bloomberg New Energy Finance Summit in New York City, UN Special Envoy for Climate Action and Bloomberg Philanthropies founder Michael R. Bloomberg joined the United Kingdom Minister of State for Energy and Clean Growth Claire Perry, and Canada’s Minister of Environment and Climate Change Catherine McKenna, to discuss the new partnership.

Statements on the Drought in Cape Town and Global Preparedness from Michael R. Bloomberg and Leaders From City of Cape Town, UCT’s Future Water Research Institute and WWF-South Africa

As Cape Town faces an extreme drought that has required a massive conservation effort, Michael R. Bloomberg, in his first undertaking following his appointment Monday as U.N. Special Envoy for Climate Action, toured the Theewaterskloof Dam, the largest dam supplying water to the Western Cape of South Africa, on Wednesday. The founder of Bloomberg Philanthropies and three-term Mayor of New York City was joined by several prominent environmental and water experts to better understand the scope of the drought and discuss how, given the intensification of extreme weather due to climate change around the globe, cities can accelerate their preparations for an uncertain water future.

Michael R. Bloomberg Named United Nations Special Envoy for Climate Action

United Nations Secretary-General António Guterres announced today the appointment of Michael R. Bloomberg of the United States as his Special Envoy for Climate Action.

Michael R. Bloomberg will support the Secretary-General’s climate strategy and efforts toward the planned 2019 Climate Summit at UN Headquarters.  The 2019 Climate Summit will mobilize stronger and more ambitious action towards 2020 climate targets.  The Special Envoy will leverage efforts in key areas of the Climate Summit to encourage rapid and enhanced implementation of the Paris Agreement in the context of sustainable development.

Eighteen U.S. Businesses and Cities Honored at the Climate Leadership Awards

The Center for Climate and Energy Solutions (C2ES) and The Climate Registry (TCR), in partnership with Headline Sponsor, Bloomberg Philanthropies, today announced the recipients of the 2018 Climate Leadership Awards. The Awards, which take place during the annual Climate Leadership Conference, showcase and recognize voluntary action to reduce greenhouse gases (GHGs) and address climate change.

This year’s awardees represent a wide array of sectors, including manufacturing, technology, local government, financial services, and consumer goods.

C40 Cities Bloomberg Philanthropies Awards Celebrate 10 Best Cities for Climate Action in 2017

Ten cities were honored today at the C40 Cities Bloomberg Philanthropies Awards ceremony, which recognizes the world’s most inspiring and innovative cities taking major climate action. The fifth-annual awards ceremony took place at the North American Climate Summit in Chicago.

 

America’s Pledge Co-Chairs Mike Bloomberg and Governor Jerry Brown Reaffirm U.S. Commitment to Paris Agreement on Climate Change, Present Report on U.S. Climate Action at UN Talks

California Governor Edmund G. (Jerry) Brown Jr. and Michael R. Bloomberg, the United Nations Secretary-General’s Special Envoy for Cities and Climate Change, released the America’s Pledge report at the U.S. Climate Action Pavilion, a purpose-built exhibition space sponsored by U.S. non-federal leaders at a United Nations climate change conference in Bonn, Germany.

Michael R. Bloomberg Commits $50 Million to International Effort to Move Beyond Coal, Reinforcing Leadership on Global Climate Action

Just after announcing a renewed commitment of $64 million to the Beyond Coal campaign in the United States and during this year’s UN Climate Conference COP 23 in Bonn, Germany, Michael R. Bloomberg, U.N. Secretary-General’s Special Envoy for Cities and Climate Change, announced a $50 million commitment to partners worldwide to catalyze a global effort to move nations away from coal dependence. European Climate Foundation will be the leading partner in Europe. Bloomberg’s announcement marks his first investment in efforts outside the U.S. to decrease reliance on coal and shift to renewable, cleaner energy sources. In the U.S., Bloomberg’s efforts to move away from coal have spurred the closing of more than 50% of the United States’ coal plants since 2011.

America is Halfway to Moving Beyond Coal

Luminant Energy’s announcement to close two of the nation’s largest and dirtiest coal plants in Central Texas means that more than half of the coal plants in America have retired or committed to retire since 2010.

Bloomberg Announces $64 Million in New Funding to Move America Beyond Coal as Trump EPA Tries to Prop Up Dead End Fuel Source

One day after the Trump Administration formally announced its plans to rescind the Clean Power Plan, the Obama Administration’s climate change policy that has been held up in federal court, Michael R. Bloomberg announced a new commitment of $64 million to support the Sierra Club’s Beyond Coal campaign and other organizations working to advance the U.S. clean energy market at the state and local level. Pollution from coal-fired power plants is the largest source of carbon emissions and kills 7,500 Americans annually, down from 13,000 when the Beyond Coal campaign began expanding in 2011 through support from Bloomberg.

California Governor Jerry Brown and Michael Bloomberg Launch “America’s Pledge”

California Governor Jerry Brown and Michael Bloomberg launched America’s Pledge on climate change, a new initiative to compile and quantify the actions of states, cities and businesses in the United States to drive down their greenhouse gas emissions consistent with the goals of the Paris Agreement.

Mike Bloomberg Sends Statement to the United Nations Following Unprecedented Outpouring of Support for Paris Agreement

Today, Mike Bloomberg, the United Nations Secretary-General’s Special Envoy for Cities and Climate Change, submitted an unprecedented statement of unity from hundreds of U.S. mayors, governors, state attorneys general, CEOs and others to achieve and eventually exceed America’s commitment to the Paris Agreement on Climate Change. In a letter to addressed jointly to UN Secretary General Antonio Guterres and the UN Framework Convention on Climate Change (UNFCCC) Executive Secretary Patricia Espinosa, Bloomberg presented this declaration,  called “We Are Still In.”

Mike Bloomberg to President Macron: Americans don’t need Washington to meet our Paris commitment

The strong consensus among scientists is that the climate is changing due to pollution from human activity. The timing and magnitude of the changes are harder to pin down, but we cannot stick our heads in the sand and ignore the risks they present, especially when we’re already seeing the effects all around us – whether they’re measured in rising sea levels, or depleting coral reefs, or the number of children with asthma.

Mike Bloomberg doubles down to ensure America will fulfill the Paris Agreement

Today, Mike Bloomberg, the United Nations Secretary-General’s Special Envoy for Cities and Climate Change, announced a commitment of up to $15 million to support the operations of the UN Framework Convention on Climate Change (UNFCCC) Executive Secretariat, including its work to help countries implement their commitments under the 2015 Paris Agreement on climate change. Bloomberg will also work with other governments and philanthropies that may be interested in supporting the UNFCCC at this critical time. The pledge aims to fill a significant funding gap that comes as a result of President Donald Trump’s announced withdrawal from the Paris agreement and proposed steep budget cuts for international programs, including on climate.

Mike Bloomberg Delivers Remarks at Sierra Club’s 125th Anniversary Trail Blazers Ball

The Sierra Club – the nation’s largest and most influential grassroots environmental organization – celebrated its 125th Anniversary at the Trail Blazers Ball in San Francisco with honorees Shailene Woodley and Michael R. Bloomberg. The Sierra Club’s 125th Anniversary Trail Blazers Ball was held at the Palace of Fine Arts in San Francisco. Event co-chair Jack Dorsey (Twitter and Square CEO) introduced Bloomberg.

Mayors from U.S. and International Cities Join Dialogue on the Future of Coal

In the wake of discussions regarding the weakening of the E.P.A., the Clean Power Plan and the landmark Paris Agreement at COP 21 where 195 countries agreed to address climate change, 14 cities will join the discussion on the future of coal production – the largest contributor to climate change and a major risk to public health – by hosting screenings of National Geographic Documentary Films’ From the Ashes, a compelling and timely documentary that explores one of the country’s most contentious topics.

Bloomberg Philanthropies Announces Funds to Support Local Economic Development Efforts in Coal Communities and Launches National Fundraising Campaign

Bloomberg Philanthropies announced funding to three organizations supporting economic development work in coal communities affected by job losses and industry decline. The funds will be used by the Coalfield Development Corporation, the Just Transition Fund, and the Western Organization of Resource Councils to provide job training programs, foster economic development and offer new career opportunities in communities affected by the decline in coal industry employment.

A Global Plan to Save Coral Reefs from Extinction

A global plan to save coral reefs from complete eradication caused by climate change, pollution and poor fishing practices launched today at The Economist World Ocean Summit in Bali. The initiative, called 50 Reefs, brings together leading ocean, climate and marine scientists as well as conservation practitioners from around the world to develop a list of the 50 most critical coral reefs to protect.

50 Reefs will be the first global plan to save the most biodiverse ecosystem on the planet. The final list and corresponding initiatives, to be announced later this year, will raise awareness of the increasing severity of climate change impacts on the ocean and catalyze the global action and investment required to protect these important reef systems for the future.

U.S. Department of State and Bloomberg Philanthropies Launch Second Our Cities, Our Climate Exchange to Advance Local Climate Action

The U.S. Department of State and Bloomberg Philanthropies announced the start of the second annual Our Cities, Our Climate exchange, a 10-day program that brings together 17 urban sustainability directors from 16 countries committed to taking measurable climate action. The sustainability directors will attend collaborative sessions in San Francisco, Austin, and Washington, D.C. to highlight and advance city leadership on climate action.

1 Trillion USD Investment Needed in Five Years to Build Low-Carbon Cities in China

A new research report series Green Finance for Low-Carbon Cities, authored by the Paulson Institute, Energy Foundation China and the Chinese Renewable Energy Industries Association, estimates that 6.6 trillion RMB ($1 trillion) will be required over the next five years to build low-carbon cities in China. This includes investments in efficient buildings, low-carbon transportation and clean energy in Chinese cities. The research is supported by Bloomberg Philanthropies and the Green Finance Committee of China Society for Banking and Finance and is part of an initiative that aims to develop innovative financing solutions to support sustainable urbanization in China.

Bloomberg Philanthropies Poll Finds Broad Support for Clean Power Plan Among Voters in States Suing EPA to Block Rule

Bloomberg Philanthropies released the results of a poll that examined the attitudes of voters toward the Clean Power Plan (CPP) in four key states: Florida, Michigan, Missouri, and Wisconsin. In each of these states, attorneys general have sued the U.S. Environmental Protection Agency to block the CPP from being enacted. However, the polling found widespread support for the CPP and concretely showed that attorneys general Brad Schimel (WI), Pam Bondi (FL), Bill Schuette (MI), and Chris Koster (MO) are out of step with their constituents. Additionally, the poll found that the majority of voters in Florida, Michigan and Wisconsin, and a plurality of Missouri voters, were more likely to vote for a presidential candidate who also supported the plan.

FSB announces membership of Task Force on Climate-related Financial Disclosures

Financial Stability Board (FSB) Chair Mark Carney announced in Paris on 4 December 2015 the establishment of an industry-led Task Force on Climate-related Financial Disclosures (TCFD), with Michael R. Bloomberg as chair, and that the initial membership of the Task Force would be announced in due course.

The FSB announced the initial membership of the Task Force, which will develop voluntary, consistent climate-related financial disclosures for use by companies in providing information to lenders, insurers, investors and other stakeholders.

Report: Cities and Nations Must Align Policies to Achieve a Low-Carbon Future

A new research report, “What cities do best: piecing together an efficient global climate governance,” explores how city actions to combat climate change will be enhanced and expedited with support from national governments. The report notes that greenhouse gas (GHG) emission reductions in urban areas will require concerted actions at all levels of government, and increased policy coordination and “vertical integration” are necessary to achieve deeper GHG reductions.

South African Cities Focus on Emissions Reduction to Fuel Economic Growth and Development

A new research report, “Potential Role of Urban Greenhouse Gas Abatement in South Africa,” explores South African cities’ commitments to urban GHG emissions reduction efforts and how these actions can boost economic activity, lower the environmental effects of sprawl and help cities overcome historical spatial distortions that impact impoverished communities.  The report found a substantial decoupling of urban economic growth from energy and carbon intensity.

Brazilian Cities Aligning Growth with Sustainable Urban Development

A new research report, “The Contribution of Low-carbon Cities to Brazil’s Greenhouse Gas Emissions Reduction Goals” explores the significant opportunities for urban GHG emissions reductions in Brazilian cities, and highlights how these efforts can support broader national development goals as the urban population continues to grow. The report outlines specific opportunities for further action, including increasing mitigation ambition in the buildings, transportation and waste sectors; it also notes the importance of ensuring that climate policies in Brazil support urban development efforts, which will address poverty and equity issues.

Olafur Eliasson to Launch Major Public Artwork at UN Climate Summit in Paris

Acclaimed visual artist Olafur Eliasson, in collaboration with distinguished geologist Minik Rosing, announced the upcoming launch of a major public artwork on display during the UN Climate Summit (COP21) in Paris. Supported by Bloomberg Philanthropies and realised in partnership with creative sustainability charity Julie’s Bicycle, Ice Watch will showcase 80 tonnes of ice from a fjord outside Nuuk, Greenland with the aim of inspiring public action against climate change.

Canadian Cities Explore Additional Measures for Achieving Low Carbon Future

A new research report, “Low Carbon Futures in Canada: The Role of Urban Climate Change Mitigation” released today explores Canadian cities’ commitments to urban GHG emissions reduction efforts and outlines concrete opportunities for further action, including shifting focus beyond energy and enlisting federal support for these initiatives.

The report, written by Torrie Smith Associates with the support of Bloomberg Philanthropies and Stockholm Environment Institute, found that Canadian cities and local governments are essential to creating a breakthrough for a low carbon future in Canada. More than 80 percent of Canadian citizens live in the top 10 largest metropolitan areas – making Canada’s population among the most urban globally.  Despite this fact, only 46 percent of Canada’s overall emission footprint is generated in urban areas, compared with the global average of 70 percent.

Chinese Cities As Leaders in Greenhouse Gas Emissions Reduction Efforts

A new research report – The Role of Chinese Cities in Greenhouse Gas Emission Reduction – released today at the U.S. China Climate Leaders Summit in Los Angeles highlights the crucial role of Chinese cities in greenhouse gas (GHG) emissions reduction efforts and describes additional opportunities for urban climate action.

The report, issued by the China Energy Group of Lawrence Berkeley National Laboratory and Stockholm Environment Institute with the support of Bloomberg Philanthropies, found that China’s urban energy-related CO2 emissions are responsible for 58% of China’s total energy-related CO2 emissions. These urban emissions are dominated by emissions from manufacturing facilities, industrial parks, and heavy industries such as cement and steel plants located near cities. Buildings represent about a quarter of urban CO2 emissions, divided relatively evenly between residential and commercial/public buildings, while about 13 percent of emissions are from transportation.

Mayor Anne Hidalgo and Special Envoy Michael R. Bloomberg Announce Global “Climate Summit for Local Leaders”

Anne Hidalgo, Mayor of Paris, and Michael R. Bloomberg, the UN Secretary-General’s Special Envoy for Cities and Climate Change, announced that they will co-chair the Climate Summit for Local Leaders, on December 4, 2015, during the United Nations’ 21st Session of the Conference of Parties (COP21) in Paris.

Bloomberg Philanthropies Boosts Investment in Sierra Club to Retire U.S. Coal Fleet & Transition the Nation towards Clean Energy Sources

Bloomberg Philanthropies announced it will invest an additional $30 million in the Sierra Club to secure the replacement of half the nation’s coal fleet by 2017 with clean energy. The new round of funding builds on a previous commitment of $50 million, raising the foundation’s overall investment in the Sierra Club’s Beyond Coal campaign to $80 million. This adds to the successful, state-driven and community-based strategy that has made it possible for the U.S. to become a world leader in aggressive emission reductions.

Bloomberg Philanthropies and Partners Launch New Clean Energy Initiative to Limit Carbon Pollution From Power Plants and Spur Clean Energy Investments

Bloomberg Philanthropies and the Heising-Simons family announced the launch of a new Clean Energy Initiative to support state-based solutions that will ensure America has an energy system that is clean, affordable, and reliable. Advances in new energy technologies make it possible to achieve all three goals at once. A stronger, cleaner energy system will also pave the way for improved air quality and help fight the damaging health and economic impacts of climate change. The initiative will provide $48 million in grant funding to a broad range of stakeholders that will accelerate the transition of the U.S. power fleet toward cleaner electricity generation.