Bloomberg Philanthropies and Irena in the Cop28 Partnership for Global Energy Transition

Bloomberg Philanthropies and International Renewable Energy Agency (Irena) said on Monday that they are working together to strengthen the use of clean energy and the mobilization of capital in emerging markets and developing economies ahead of the November UN climate conference Cop28 in 2023. This step was announced in the presence of Dr. Sultan Al Jaber, Minister of Industry and Advanced Technologies, and Cop28 President-Designate, Francesco La Camera, Director General of Irene, and Michael R. Bloomberg, UN Special Envoy for Climate Ambition and Solutions. founder of Bloomberg LP and Bloomberg Philanthropies. As part of the partnership,  Bloomberg Philanthropies will enable Irene to advance efforts to promote widespread adoption of renewable energy and reduce political, technical and financial barriers to the energy transition, the organizations said in a statement.

(Sunil Singh)