Bloomberg partners with Cop31 Presidency

• Accelerate the clean energy transition: The partnership will support Cop31 priorities focused on renewable energy deployment and electrification. Through partnerships, convenings, and data-driven analysis, Bloomberg Philanthropies will help strengthen the clean energy industry’s ability to attract investment, inform energy planning and policy decisions, and accelerate implementation in support of a just energy transition.
• Reduce methane emissions: Bloomberg Philanthropies will support efforts to reduce methane emissions from urban waste systems and across sectors by strengthening emissions detection and monitoring, expanding access to real-time data, supporting rapid response to super-emitter events, and engaging governments and industry to accelerate mitigation.

“Confronting climate change requires collaboration across society, not just closed-door negotiations between nations”

• Mobilise private finance: In support of the Cop31 Presidency’s efforts, Bloomberg Philanthropies – alongside the Glasgow Financial Alliance for Net Zero (GFANZ) and the Global Capacity Building Coalition (GCBC) – will convene leaders from business, finance, and government to help scale investment in clean energy, industry, and infrastructure. These efforts will focus on strengthening enabling environments, advancing industrial decarbonisation, building capacity in emerging markets, and increasing investment opportunities in climate transition and resilience, including through country platforms like the Türkiye Industrial Decarbonisation Investment Platform (TIDIP)
• Strengthen multilevel partnerships: Bloomberg Philanthropies will support collaboration between national and subnational governments through the Coalition for High Ambition Multilevel Partnerships (Champ) for Climate Action, helping integrate climate-resilient and sustainable cities and urban waste solutions into broader climate and economic priorities
• Support ocean-climate efforts: Bloomberg Philanthropies will convene partners and elevate the Ocean Pavilion as a platform for science-based ocean-climate solutions, helping make Cop31 a milestone for integrating ocean priorities into climate implementation. Priorities will include ocean governance, Blue NDCs, ocean-climate finance, marine protection and resilience, offshore renewable energy, and clean shipping.

“I am delighted to announce this new partnership between the Cop31 Presidency and Bloomberg Philanthropies,” said Murat Kurum, Cop31 president-designate and minister of environment, urbanisation and climate change of the Republic of Türkiye.

“Together, we will bring together policymakers, businesses and philanthropies in Antalya to mobilise finance, deploy innovative technologies, and deliver concrete results.

“This will be essential to driving progress on the Cop31 Presidency’s key priorities, including our targets on zero waste and electrification.”

The partnership was announced during London Climate Action Week last week.