Bloomberg Philanthropies
Coverage of Bloomberg Philanthropies in the Nexus archive.
- Focus turns to building stronger institutions in Africa to speed shift to renewable energy
Africa faces a clean energy transition bottleneck due to weak institutional frameworks rather than technology or resources. A $285 million Bloomberg Philanthropies initiative aims to strengthen market design, regulatory systems, and technical expertise to accelerate renewable energy adoption across the continent.
- Focus turns to building stronger institutions in Africa to speed shift to renewable energy
Experts highlight that Africa's clean energy transition faces a shift from project development to building institutions, markets, and regulatory systems. A $285 million Bloomberg Philanthropies initiative aims to strengthen institutional capacity to accelerate renewable energy adoption, addressing bottlenecks like weak market design and fragmented regulations.
- Exclusive: Summer Program Boosts Learning for Tens of Thousands of Charter Kids
A summer learning program called Summer Boost, operating in 460 charter schools across seven cities, helped 39,000 students gain an average of one month more learning in math and two and a half weeks in English language arts. Funded by Bloomberg Philanthropies with $50 million, the program aims to prevent the summer slide and has expanded from New York City to include cities like Baltimore, Nashville, and San Antonio.
- New York City's 9/11 memorial fundraises to educate youth with $25 million match from Mike Bloomberg
The 9/11 Memorial and Museum has launched a $75 million fundraising campaign, with Mike Bloomberg pledging to match $25 million through his Bloomberg Philanthropies to educate youth about 9/11's legacy. The campaign aims to create exhibits and classroom materials to reach Americans born after the attacks, amid past budget challenges and debates over the attacks' legacy.