Press & Media

New Research Shows Cities Have The Potential To Reduce Annual Greenhouse Gas Emissions By 8 Gigatons By 2050 Over Current National Targets

UN Special Envoy for Cities and Climate Change Michael R. Bloomberg and C40 Cities Climate Leadership Group (C40) Chair and Rio de Janeiro Mayor Eduardo Paes today announced new research that shows that if all cities took on aggressive new efforts to reduce building, transportation and waste energy use, they could potentially reduce annual greenhouse gas (GHG) emissions by an additional 3.7 Gigatons (Gt) CO2e by 2030 over what national policies and actions are currently on track to achieve. By 2050, cities could cut annual GHG emissions by 8.0 Gt CO2e over what national policies are currently on track to achieve, the equivalent of cutting annual global coal use by more than half. Cumulatively, cities have the potential to reduce emissions by more than 140 Gt CO2e by 2050.

Bloomberg Philanthropies Makes $5 Million Impact Investment in Little Sun, Creators of Solar-Powered Lamps Delivering Light to Off-Grid Populations in Africa

Bloomberg Philanthropies today announced a $5 million impact investment in Little Sun, creators of portable, solar-powered lamps designed by co-founders: artist Olafur Eliasson and engineer Frederik Ottesen. The company works with local entrepreneurs to sell its lamps to households where electricity is scarce or unavailable, at prices that are affordable to families currently using costly and toxic kerosene for their lighting. Little Sun operates as a social business, created specifically to address a social problem rather than to maximize profits.

Michael R. Bloomberg Appointed United Nations Special Envoy for Cities and Climate Change

Michael R. Bloomberg, 108th Mayor of New York City, founder of Bloomberg LP and philanthropist, has been appointed by United Nations Secretary-General Ban Ki-moon to serve as Special Envoy for Cities and Climate Change. In this role, Michael R. Bloomberg will assist the Secretary-General in his efforts to mobilize action among cities as part of a strategy to combat climate change. As Special Envoy, Michael R. Bloomberg will work with other mayors both to increase their climate change-related commitments and to encourage national governments to do the same. He will also help bring solutions to the 2014 Climate Summit that will be held in New York, September 2014.

The appointment of a mayor as Special Envoy – a title generally reserved for former heads of state or government – reflects the growing influence and importance of cities in fighting climate change.

Bloomberg Philanthropies Launches The Vibrant Oceans Initiative, A $53 Million Commitment To Reverse Declining Fish Supply

Bloomberg Philanthropies today announced the launch of the Vibrant Oceans initiative, a commitment of $53 million over five years to promote reforms to boost fish populations in Brazil, the Philippines and Chile. Currently, over-fishing and destruction of important marine areas are threatening the global supply of fish. Reforming fishing practices in these countries will revitalize 7% of the world’s fisheries and will potentially serve as a model for future global reform efforts by providing insights into the best ways to protect the world’s fish supply.

Environmental Defense Fund Announces Key Grant from Bloomberg Philanthropies

Environmental Defense Fund (EDF) announced today that it has been awarded a 3-year, $6-million grant for its work to minimize the environmental impacts of natural gas operations through hydraulic fracturing. The funding will support EDF’s strategy of securing strong rules and developing industry best practices in the 14 states with 85 percent of the country’s unconventional gas reserves. The grant was awarded by Bloomberg Philanthropies, a recognized leader in global environmental efforts.

Rio + C40: Megacity Mayors Taking Action on Climate Change

Today, mayors, delegations from the C40 Cities Climate Leadership Group and a U.S. President, assembled in Rio at Rio + C40: Megacity Mayors Taking Action on Climate Change, an event to highlight the concrete climate actions being taken by C40 Cities.

International Partners Release Pilot Global Protocol for Community-Scale Greenhouse Gas Emissions

C40 Cities Climate Leadership Group and ICLEI – Local Governments for Sustainability, together with international partners, are launching a pilot version of the Global Protocol for Community-scale Greenhouse Gas Emissions (also called the “community protocol”). This landmark effort represents a significant step forward in harmonizing emissions measurement and reporting processes for cities of all sizes and geographies: the community protocol will be piloted in selected cities to establish a single minimum global standard for community-scale greenhouse gas (GHG) emissions measurement. A transparent, consistent and common approach provides cities with a much-needed tool for effective climate action planning and financing.

Bloomberg Philanthropies Commits $50 Million to Sierra Club’s Beyond Coal Campaign to Move America Toward Cleaner Energy

Today the Sierra Club announced a partnership with Bloomberg Philanthropies that will effectively retire one-third of the nation’s aging coal fleet by 2020, replacing it with clean energy. The partnership includes a $50 million commitment over four years to the Beyond Coal Campaign that will fuel the Sierra Club’s effort to clean the air, end the coal era, and accelerate the transition to cleaner, cost-effective energy sources.

C40 and World Bank Form Groundbreaking Climate Change Action Partnership

Today the C40 Cities Climate Leadership Group (C40), a group of 40 large cities tackling climate change, and the World Bank formed a groundbreaking partnership that will help cities accelerate current actions to reduce greenhouse gas emissions and become more resilient to climate change. C40 Chair New York City Mayor Michael R. Bloomberg and World Bank Group President Robert B. Zoellick signed the agreement during the C40 Cities Mayors Summit in Sao Paulo, Brazil.

C40 and ICLEI to Establish Global Standard on Greenhouse Gas Emissions from Cities

The C40 Cities Climate Leadership Group (C40) and ICLEI – Local Governments for Sustainability, announced today at the C40 Cities Mayors Summit in Sao Paulo that the two organizations will establish a global standard for accounting and reporting community-scale greenhouse gas (GHG) emissions that can be used across multiple platforms. This common approach will help local governments to accelerate their emission reduction activities whilst meeting the needs of climate financing, national monitoring and reporting requirements. The standard will be released in time for UNFCCC COP 17 in November (Durban, South Africa).

President Clinton, Mike Bloomberg Join Forces to Combat Climate Change

Today, President Bill Clinton and New York City Mayor Michael R. Bloomberg announced the expanded alliance between the C40 Cities Climate Leadership Group (C40) and the Cities Program of the Clinton Climate Initiative (CCI), a program of the William J. Clinton Foundation. Mayor Bloomberg serves as the Chair of the C40.

Mike Bloomberg Elected as Chair of C40 Climate Leadership Group

Mayor Michael R. Bloomberg and Toronto Mayor David Miller today announced that the C40 Steering Committee has elected Mayor Bloomberg to serve as chair of the C40 Climate Leadership Group, an association of major cities around the world committed to reducing carbon emissions and slowing climate change. Mayor Bloomberg will succeed Mayor Miller as C40 Chair in November. The C40, launched in 2005, provides leadership to communities worldwide to help them accelerate the reductions of carbon emissions. The Chair, along with the eight-member Steering Committee of other C40 mayors, guides the work of C40 by planning and measuring the results of local initiatives that reduce emissions from energy, waste, water supply and transport and increase cities’ resilience to climate change. The announcement took place at the New York City Accelerator for a Clean and Renewable Economy, which helps clean technology and renewable energy companies in New York City grow.