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Press ReleaseEnvironment

Bloomberg Philanthropies and Goldman Sachs Backed Climate Innovation and Development Fund Announce Its First Blended-Finance Investments

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...

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Press ReleaseEnvironment

Bloomberg Philanthropies and Goldman Sachs Catalyse ~$500 Million of Investment in the Clean Energy Transition in South and Southeast Asia

Bloomberg Philanthropies and Goldman Sachs announced that the Climate Innovation and Development Fund (CIDF) has completed allocating its $25 million in philanthropic concessional capital to help advance sustainable low-carbon economic development in South and Southeast Asia.

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Press ReleaseEnvironment

Bloomberg Philanthropies Expands Global Clean Energy Transition Program in 15 Developing Countries

Michael R. Bloomberg announced the expansion of his efforts to accelerate the clean energy transition into another 15 developing countries, where there is abundant potential for solar, wind, and other renewable energy capacity and a growing demand for sustainable power production.

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Press ReleaseEnvironment

Bloomberg Philanthropies Intensifies Global Effort to Turbocharge Clean Energy Transition in 10 Developing Countries

At the Sustainable Energy for All Forum, UN Special Envoy on Climate Ambition and Solutions Michael R. Bloomberg announced $242 million to expand Bloomberg Philanthropies’ efforts to accelerate the clean energy transition in developing countries, where power demand is projected to rapidly grow and there is abundant potential for solar, wind, and ot...

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Press ReleaseEnvironment

Bloomberg Philanthropies and Goldman Sachs Deploy $25 Million to Advance Clean Energy Solutions In South and Southeast Asia

Bloomberg Philanthropies and Goldman Sachs announced the launch of the Climate Innovation Fund to support sustainable low-carbon economic development with a focus on South and Southeast Asia to increase the pace, scale, and ambition of climate solutions and contribute to the clean energy transition.

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Press ReleaseEnvironment

Indonesian Solar Market Poised for Unprecedented Growth, Holds Key to Decarbonizing Energy Sector

BloombergNEF, Bloomberg Philanthropies, and the Institute for Essential Services Reform (IESR) released a new report, Scaling Up Solar in Indonesia: Reform and Opportunity. Offering tailored policy recommendations to unlock Indonesia’s abundant and untapped potential for solar power, the report reveals that a national solar program with a target of...

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Press ReleasePublic Health

Bloomberg Philanthropies Commits Additional $240 Million To Prevent Global Road Traffic Deaths

Building on the success of 12 years of investment, Bloomberg Philanthropies today announced a doubling of its support for global road safety, committing another $240 million from 2020 - 2025 to save 600,000 more lives and prevent up to 22 million injuries in low- and middle-income countries around the world. The six-year reinvestment in the Bloombe...

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Press ReleasePublic Health

Tokyo Joins Bloomberg Philanthropies’ Partnership for Healthy Cities

Bloomberg Philanthropies announced today that Tokyo is the newest city to join the Partnership for Healthy Cities as part of a $12 million reinvestment to expand the number of cities in the program from 54 to 70. The Partnership for Healthy Cities is a global network of cities, each committed to achieving one of 14 health interventions proven to sa...

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Press ReleaseEnvironment

Governments and Philanthropies Announce South East Asia Energy Transition Partnership

Today the Government of Canada’s Department of Environment and Climate Change, the French Development Agency (AFD), Germany’s Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), the United Kingdom’s Department for Business, Energy and Industrial Strategy (BEIS), and global philanthropies announced the beginning of a...

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Press ReleasePublic Health

Bloomberg Philanthropies Recognizes Governments and NGOs For Outstanding Work in Ending Tobacco Use

WHO Global Ambassador for Noncommunicable Diseases and Former New York City Mayor Michael R. Bloomberg today announced the winners of the Bloomberg Philanthropies Awards for Global Tobacco Control which celebrate the significant strides made by organizations implementing anti-tobacco policies in low and middle-income countries. He made the announce...

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