Bloomberg Philanthropies Pledges $ 25 Million to Accelerate the Fight Against Climate Change


An iceberg floats in Disko Bay, Greenland, behind houses in unusually warm weather. On Tuesday, Bloomberg Philanthropies announced its $ 25 million investment in a new program to accelerate satellite and airborne methane detection technologies.

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To turn the tide on greenhouse gases and global warming, you need speed. On Tuesday, Bloomberg Philanthropies announced its $ 25 million investment in a new program to accelerate satellite and airborne methane detection technologies to boost the fight against climate change.

The philanthropic organization’s new initiative, called the Carbon Mapper Accelerator program, is in collaboration with Carbon Mapper, a nonprofit focused on reducing greenhouse gas emissions, and other partner organizations. Carbon Mapper Accelerator aims to locate, quantify and diagnose high-emitting sources of methane and carbon dioxide around the world.

The Accelerator program provides immediate support to governments engaged in the Global Methane Pledge, a far-reaching agreement led by the United States and the European Union with the goal of reducing global methane emissions by 30% by 2030. The Pledge gained 24 new countries on Monday, bringing the total to 33 entities.

“Methane is a major contributor to climate change, and if we can’t measure it, we can’t manage it,” said Michael R. Bloomberg, former mayor of New York and founder of Bloomberg LP and Bloomberg Philanthropies, in a statement. declaration.

“Accurate and localized data on the sources of methane emissions will allow us to make critical progress towards the goals of the Global Methane Pledge,” said Bloomberg, who is also the UN Secretary-General’s special envoy for the ambition and climate solutions. “The Accelerator program will give public and private sector leaders the information they need to take action and reduce methane pollution, right from the start. “

Methane, invisible and odorless and the main component of natural gas, is one of the most powerful greenhouse gases contributing to global warming and global climate change. The accelerator will accelerate efforts to provide decision-makers in the public and private sectors with the necessary data on methane emissions and ways to reduce them.

The new $ 25 million funding spans a partnership between Bloomberg Philanthropies, Carbon Mapper, Planet, State of California, NASA Jet Propulsion Laboratory, University of Arizona, Arizona State University (ASU ), the High Tide Foundation and RMI to develop and deploy a constellation of satellites in 2023 to help tackle potent methane emissions.

“Think of Carbon Mapper Accelerator as a program that produces data to improve situational awareness and guide decision making,” says Riley Duren, CEO of Carbon Mapper. He added that its creation comes at a time when the company needs “an immediate press in full court” to reduce greenhouse gas emissions.

“The steps we are taking today are greasing the skates for rapid adoption and action by many stakeholders when the first satellites in our constellation are launched in 2023,” Duren said in the statement.

As stated in the announcement, Carbon Mapper Accelerator:

Immediately expand airborne mapping of methane super-emitters across the Americas, Europe and Africa, providing open source data in a timely manner;

Provide policy makers, agencies, businesses and civil society with rapid access to open source Carbon Mapper data;

Develop and test new advanced remote sensing technology.

The Accelerator program illustrates how philanthropy is stepping up to close the funding gap in emissions monitoring. Tuesday’s announcement builds on Monday’s launch of a one-of-a-kind coalition of more than 20 major philanthropic organizations, including Bloomberg Philanthropies, which pledged more than US $ 220 million to reduce methane emissions in the world.


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