Bloomberg Gives $50 Million to Aid Shift from Coal Worldwide
|11/10/2017||Posted by BusinessMediaguide.Com under General World News||
Former New York mayor and billionaire Michael Bloomberg is donating $50 million to help nations around the world shift from coal to combat pollution and climate change, expanding his funding outside the United States.
The project would start in Europe and expand into other countries later on, his charity, Bloomberg Philanthropies, said in a statement Thursday on the margins of U.N. climate negotiations among 200 nations in Bonn, Germany.
The European Climate Foundation, a non-governmental group, will be the leading partner in Europe, it said.
“Bloomberg’s announcement marks his first investment in efforts outside the U.S. to decrease reliance on coal and shift read more >>>