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As the 2019 Bloomberg Global Business Forum came to a close on Wednesday, more than 50 heads of state and delegation from six continents and over 200 CEOs came together to discuss solutions to the rising threats of economic and environmental instability. Now in its third year, the Bloomberg Global Business Forum continues to bring together top political, economic, and business leaders to discuss the importance of cooperation, diplomacy, and shared responsibility for these challenges.
In Mike’s Words: "We won’t agree on every subject, but in a world that’s increasingly polarized, it’s critical that leaders in the public and private sectors talk to one another and listen even when we disagree. That’s the only way we’re going to be able to solve problems, increase prosperity, and spread the benefits of growth more broadly.”
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Learn more about the Bloomberg Global Business Forum.
Watch the keynote and plenary sessions here.
View a gallery of photos from the Bloomberg Global Business Forum.
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HIGHLIGHTS FROM THE FORUM
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Mike Bloomberg and Indian Prime Minister Narendra Modi Announce Partnership to Strengthen Global Investment in India
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Mike Bloomberg and the Honorable Narendra Modi, Prime Minister of the Republic of India, announced two new initiatives in partnership with the Government of India at the 2019 Bloomberg Global Business Forum, focused on strengthening international investment. These two new initiatives – partnering with India to navigate inclusion in global benchmark indices, and supporting the development of India’s International Financial Services Center (IFSC) at the Gujarat International Finance Tec-City (“GIFT City”) – will leverage Bloomberg’s expertise and connectivity to help international investors access India’s capital markets, in turn providing India’s businesses and government with new funds to invest and grow.
Learn more about the partnership here.
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Mike Bloomberg, State of California and Planet Partner to Deliver New Satellite Climate Data Solutions
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PHOTO: Mike Bloomberg joins Mary Nichols, Chair of California Air Resources Board, Will Marshall, CEO of Planet Labs, and Kate Bolduan of CNN to announce the launch of Satellites for Climate Action.
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Mike Bloomberg, California Governor Gavin Newsom, and Planet (the San Francisco-based earth-imaging company), announced Satellites for Climate Action, a new initiative that will use satellite data to inform and accelerate climate protection. The coordinated effort will bring together governments, philanthropists, environmental groups, and technology companies to use satellite technologies to monitor greenhouse gas emissions and turn satellite data into actionable information.
Read more about Satellites for Climate Action here.
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Climate Finance Leadership Initiative and European Development Finance Institutions Partner to Drive Climate Finance in Emerging Markets
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PHOTO: Founding Climate Finance Leadership Initiative founding members David M. Solomon, Chairman and CEO, The Goldman Sachs Group, Inc., and Hiro Mizuno, Executive Managing Director and CIO, Government Pension Investment Fund, join Denis Duverne, Chairman of the Board of Directors, AXA Group, and Mark Carney, Governor of the Bank of England, to discuss harnessing the power of finance to fight climate change at the 2019 Bloomberg Global Business Forum.
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The Climate Finance Leadership Initiative (CFLI) and the Association of European Development Finance Institutions (EDFI) announced a partnership that will advance the public-private collaboration vital to closing the climate finance gap in emerging markets. EDFI and the CFLI will engage their members with the aim of building project pipelines, managing risks, and broadening opportunities for private-sector financing and investment in emerging and frontier markets.
Read more about the partnership here.
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Mike Bloomberg Answers Secretary-General Guterres' Call to End New Coal by 2020
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Mike Bloomberg, the UN Special Envoy for Climate Action, delivered an address at the United Nations Climate Change Summit in support for U.N. Secretary-General António Guterres’ initiative to stop the development of new coal-fired power plants after 2020.
Read the announcement here.
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