Thursday, September 27, 2018

UN Recruits Mike Bloomberg to Lead Green Finance Push

Antonio Guterres appointed the billionaire businessman to spur private sector investment into clean energy and resilience to climate change.
Mike Bloomberg with Antonio Guterres and UN deputy chief Amina Mohamed in the background (Picture Credit: UN Photo/Eskinder Debebe) Click to Enlarge.
The UN named Mike Bloomberg to lead a year-long green investment drive in New York on Wednesday.

 The billionaire businessman and former New York mayor is charged with steering private finance towards clean energy and climate resilience projects around the world.

 UN chief Antonio Guterres said in a statement this would contribute to the global target of raising $100 billion a year in climate finance to developing countries by 2020.  It is set to be a key theme of a climate summit at UN HQ next September.

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