Bloomberg Philanthropies and Goldman Sachs Backed Climate Innovation and Development Fund Announce Its First Blended-Finance Investments
November 7, 2022
The Bloomberg Philanthropies and Goldman Sachs-backed Climate Innovation and Development Fund (“the Fund”) has completed its first set of blended-finance investments focused on innovation across the sustainable transport sector in each of India and Vietnam. These initial investments are the first realization of the Fund’s potential to unlock up to $500 million in private sector and governmental investments in support of sustainable low-carbon economic development with a focus on South and Southeast Asia.
Read moreMichael R. Bloomberg Deepens Commitment to Moving the World Beyond Coal with Plan to Turbocharge Clean Energy Finance in Global South
November 7, 2022
At COP27 Michael R. Bloomberg, UN Special Envoy on Climate Ambition and Solutions – alongside His Excellency Nana Akufo-Addo, President of the Republic of Ghana, Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All and Co-Chair of UN-Energy, and Mark Carney, UN Special Envoy for Climate Action and Finance and Bloomberg Philanthropies Board Member – announced an expanded approach to help realize his longstanding mission to move the world beyond coal.
Read more2021 Support For Fossil Fuels by G-20 Nations Reached Highest Level Since 2014
November 1, 2022
BloombergNEF and Bloomberg Philanthropies’ report reveals G-20 member countries provided almost $700 billion in support for coal, oil, gas and fossil-fuel power in 2021 – up 16% from the year before.
Read moreClimate Mayors and C40 Cities Provide U.S. Cities with Guidebook to Implement Historic Inflation Reduction Act
October 28, 2022
Climate Mayors, a bipartisan coalition of nearly 500 mayors, and C40 Cities, a network of mayors of nearly 100 world-leading cities, released, “Climate Action and the Inflation Reduction Act: A Guide for Local Government Leaders,” a guidebook to help local leaders understand the landmark Inflation Reduction Act and all the resources available to them through the law.
Read moreThe Bloomberg-Sagol Center for City Leadership Announces Inaugural Class of 20 Mayors to Participate in World-Class Executive Training Program
October 26, 2022
The Bloomberg-Sagol Center for City Leadership at Tel Aviv University announced the first 20 mayors and municipal heads from across Israel that will participate in an intensive, yearlong executive education and training program.
Read moreTransitioning Europe’s Largest Coal Power Plant to a Secure, Resilient, Affordable Clean Energy Future
October 20, 2022
Europe’s largest coal-fired power plant could replace most of its lignite generation with renewables paired with batteries or lower-carbon thermal capacity, research group BloombergNEF (BNEF) finds in a new report. Such a transition would lower overall power system costs in the Łódź region of Poland, where the plant is located, while maintaining critical energy security.
Read moreWorld’s Best Climate Projects Recognised at 2022 C40 Cities Bloomberg Philanthropies Awards
October 19, 2022
C40 and Bloomberg Philanthropies announced the 10 winners of the 2022 C40 Cities Bloomberg Philanthropies Awards at the C40 World Mayors Summit in Buenos Aires, Argentina.
Read moreBloomberg Philanthropies Commits Additional $50 Million to Eradicate Polio
October 18, 2022
Bloomberg Philanthropies announced an additional $50 million commitment to the Global Polio Eradication Initiative (GPEI) reinforcing its dedication to GPEI’s mission to complete the global eradication of polio.
Read moreBloomberg CityLab 2022 Concludes with Mayors, City Innovators, Artists, and Urban Experts Sharing Solutions to Pressing Challenges Including Extreme Heat, Mental Health, and More
October 11, 2022
Bloomberg CityLab 2022, the preeminent global cities summit organized by Bloomberg Philanthropies in partnership with the Aspen Institute, concluded its ninth multi-day summit in Amsterdam. The event, the first in-person convening since the onset of the COVID-19 pandemic, brought together more than 500 city leaders, experts, innovators, and artists from around the world, representing cities across six continents.
Read moreBloomberg Philanthropies Launches New Initiative to Build Ambitious Cycling Infrastructure Projects Around the World
October 10, 2022
Bloomberg Philanthropies announced the launch of the Bloomberg Initiative for Cycling Infrastructure (BICI), which will help ten cities around the world create safe, interconnected, and innovative cycling infrastructure and provide sustainable mobility options to their residents.
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