At COP26, Mike 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.