By Michael R. Bloomberg and David M. Solomon

SOURCE: Bloomberg

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Capital markets are an extraordinarily powerful tool in the fight against climate change. Government action is certainly critical. But ultimately, reducing emissions globally depends on the private sector recognizing the commercial opportunities that sustainability presents. That’s the inspiration behind a new partnership we are announcing today.

Together, Bloomberg LP, Bloomberg Philanthropies and Goldman Sachs will make a meaningful contribution to the transition to net zero emissions by helping more businesses and investors capitalize on the opportunities that come with the move to clean energy. We’ll do this using two tools that are core to our organizations: capital and data.

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Learn more about Bloomberg's sustainable impact in their recently released 2020 Impact Report.

Tweet me: .@goldmansachs & @bloomberg announced a new partnership to bring more capital to clean energy projects globally, with a special focus on South & SE Asia. As countries seek a green recovery, we must ensure they can tap into the power of the market. https://bit.ly/3vrLMuO

KEYWORDS: Bloomberg, Goldman Sachs, Sustainable Finance, Emerging Markets