Billionaire philanthropist and founder of Bloomberg, Michael Bloomberg, has continued to scale up climate action funding at a time when several US philanthropic organisations have stepped back to avoid scrutiny from the Trump administration. He has spent more than $3 billion over the past decade, including a recent increase in contributions to the UN’s climate body. The Financial Times reports on the news.
Meanwhile, ten European governments including Germany, Britain, and Denmark have pledged to accelerate offshore wind expansion plans despite strong criticism from US President Donald Trump at the World Economic Forum in Davos. The move reinforces Europe’s commitment to clean energy and shifting away from fossil fuels. The Guardian covers the news.
