ariMarketing News
Tuesday, July 22, 2025
Want Traffic?
  • Home
  • Entrepreneurship
  • Marketing
    • Digital Marketing
    • Mobile Marketing
    • Content Marketing
    • B2B Marketing
    • B2C Marketing
    • Email Marketing
    • Video Marketing
  • Social Media
  • SEO
  • AI
  • Graphic Design
  • PR
  • Videos
  • More
    • Sales Conversion
    • Website Development
    • Traffic/Lead Generation
No Result
View All Result
  • Home
  • Entrepreneurship
  • Marketing
    • Digital Marketing
    • Mobile Marketing
    • Content Marketing
    • B2B Marketing
    • B2C Marketing
    • Email Marketing
    • Video Marketing
  • Social Media
  • SEO
  • AI
  • Graphic Design
  • PR
  • Videos
  • More
    • Sales Conversion
    • Website Development
    • Traffic/Lead Generation
No Result
View All Result
ariMarketing News
No Result
View All Result
  • Marketing
  • Social Media
  • SEO
  • Entrepreneurship
  • AI
  • Graphic Design
  • Public Relations
  • Sales Conversion
  • Website Development
  • Traffic/Lead Generation
  • Videos
Home Entrepreneurship

Michael Bloomberg Wants to Rid the World of Coal by 2040

November 8, 2022
in Entrepreneurship
108 2
A A
0
21
SHARES
689
VIEWS
Share on FacebookShare on Twitter

Michael Bloomberg is no fan of coal.

The former New York City mayor and current UN Special Envoy on Climate Ambition and Solutions announced today that his philanthropic organization will work with national and local governments in 25 countries across Africa, Asia, and Latin America to end the use of coal by 2040.

The billionaire made the announcement at the COP27 U.N. Climate Summit in Egypt.

Bloomberg has long been an advocate for clean energy. In 2019, he donated $500 million to a campaign that shut down all coal-fired power plants in the U.S.

“We’ve helped to close more than two-thirds of coal plants in the U.S. and put more than half of Europe’s on track for retirement – and we need to make progress like that all around the world,” Bloomberg said.

His new venture does not have a price tag, but the initiative has two distinct goals.

  1. Working with national and local governments to develop energy transition plans, implement the necessary public policies, and provide the skills and training to accelerate clean energy development and phase out fossil fuel use.
  2. Partnering with the Glasgow Financial Alliance for Net Zero (GFANZ) to help mobilize the flow of private capital to clean energy transition projects in emerging markets and developing countries.

The problem of coal dependence

Coal is the dominant source of electricity generation in most countries in Africa and Asia. But coal produces more carbon emissions than any other fuel on earth, according to the U.S. Energy Information Associating, leading to poor air quality, health, and climate.

Still, alternative fuel solutions, like wind and solar, are expensive and often out of reach for developing countries.

“Overcoming the hurdles that stand in the way of investment – requires partnership across government, business, and philanthropy,” said Bloomberg. “It also requires technical assistance and economic and policy analysis – the side of energy development that doesn’t get a lot of attention but can mean the difference between investment in coal and clean power.”

Reaching the goals of net-zero emissions requires investment not only from governments but the private sector.

“We need to mobilize significant private capital to clean energy and the responsible accelerated retirement of coal,” said Mark Carney, Co-chair of GFANZ and UN Special Envoy on Climate Action and Finance. He says the partnership introduced by Bloomberg can “help unlock finance at the scale needed to support the energy transitions of emerging markets and developing economies.”

Read the full article here

Tags: Business NewsClimate ChangeGreen EntrepreneurLatest NewsNews and Trends

Subscribe to our mailing list to receives daily updates!

We won't spam you

Previous Post

Cause Marketing Matters to Consumers – Successful marketing campaign – Entrepreneur.com

Next Post

How Leaders Can Develop Their Diplomacy Skills to Drive Business Success

Related Posts

How CeraVe built a $2B brand by blending education and entertainment
Entrepreneurship

How CeraVe built a $2B brand by blending education and entertainment

July 17, 2025
Pacsun spotlights mall culture for denim campaign targeting Gen Z
Entrepreneurship

Pacsun spotlights mall culture for denim campaign targeting Gen Z

July 16, 2025
Olipop’s new ads show how the brand is winning people back to soda
Entrepreneurship

Olipop’s new ads show how the brand is winning people back to soda

July 15, 2025
Sprite leans into Gen Z’s love for spicy flavors with global campaign
Entrepreneurship

Sprite leans into Gen Z’s love for spicy flavors with global campaign

July 10, 2025
How State Farm is stepping up its gaming-focused reality series
Entrepreneurship

How State Farm is stepping up its gaming-focused reality series

July 9, 2025
7 successful marketing campaigns that met 2025’s chaos with determination
Entrepreneurship

7 successful marketing campaigns that met 2025’s chaos with determination

July 8, 2025
Leave Comment

Subscribe to our mailing list to receive updates and special offers!

We will NOT span you!

Check your inbox or spam folder to confirm your subscription.

Latest Articles

What Is an AI Automation Agency and Why Is It Important for the Marketing World?

What Is an AI Automation Agency and Why Is It Important for the Marketing World?

July 22, 2025
JCPenney builds on promising brand push with ‘Back-to-It’ campaign

JCPenney builds on promising brand push with ‘Back-to-It’ campaign

July 21, 2025
Volkswagen accelerates tech transformation with new digital AOR

Volkswagen accelerates tech transformation with new digital AOR

July 21, 2025
Publicis Groupe forecasts sunny H2 based on strong H1 new business gains

Publicis Groupe forecasts sunny H2 based on strong H1 new business gains

July 21, 2025
7 Top White Label Marketing Tools For Agencies

7 Top White Label Marketing Tools For Agencies

July 19, 2025

Latest Marketing and Entrepreneurship news and articles from the most trusted sources, follow us to get the latest news and tips directly to your inbox.


Learn more

Sections

  • Artificial Intelligence
  • B2B Marketing
  • B2C Marketing
  • Content Marketing
  • Digital Marketing
  • Email Marketing
  • Entrepreneurship
  • Graphic Design
  • Mobile Marketing
  • Public Relations
  • Sales Conversion
  • SEO
  • Social Media
  • Traffic/Lead Generation
  • Uncategorized
  • Video Marketing
  • Videos
  • Website Development

Newsletter

Subscribe to our mailing list to receive updates and special offers!

We will NOT span you!

Check your inbox or spam folder to confirm your subscription.

  • Privacy
  • Terms
  • Press Release
  • Advertise
  • Contact

© 2022 ariMarketing - All rights reserved.

No Result
View All Result
  • Home
  • Entrepreneurship
  • Marketing
    • Digital Marketing
    • Mobile Marketing
    • Content Marketing
    • B2B Marketing
    • B2C Marketing
    • Email Marketing
    • Video Marketing
  • Social Media
  • SEO
  • AI
  • Graphic Design
  • PR
  • Videos
  • More
    • Sales Conversion
    • Website Development
    • Traffic/Lead Generation

© 2022 ariMarketing - All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.