Mobilize the Market to Fight Global Warming
Growing economies and protecting the climate go hand in hand.
A new era of climate finance dawns.
Photographer: Chris Ratcliffe/Bloomberg
Capital markets are an extraordinarily powerful tool in the fight against climate change. Government action is certainly critical. But ultimately, reducing emissions globally depends on the private sector recognizing the commercial opportunities that sustainability presents. That’s the inspiration behind a new partnership we are announcing today.
Together, Bloomberg LP, Bloomberg Philanthropies and Goldman Sachs will make a meaningful contribution to the transition to net zero emissions by helping more businesses and investors capitalize on the opportunities that come with the move to clean energy. We’ll do this using two tools that are core to our organizations: capital and data.