- link Copy Url
- [  Share on twitter ](https://twitter.com/intent/tweet?text=Bloomberg Philanthropies Announces the American Cities Climate Challenge to Support Mayors Tackling Climate Change in the United States https://www.3blmedia.com/markdownify/node/194641?absolute=1&via=3blnews "link to 3 B L Media's Twitter")
- [  Share on linkedin ](https://www.linkedin.com/shareArticle?mini=true&url=https://www.3blmedia.com/markdownify/node/194641?absolute=1 "link to 3 B L Media's Linkedin")
- [  Share on facebook ](https://www.facebook.com/sharer/sharer.php?u=https://www.3blmedia.com/markdownify/node/194641?absolute=1 "link to 3 B L Media's Facebook")
- [ email Share via email ](mailto:?subject=Bloomberg Philanthropies Announces the American Cities Climate Challenge to Support Mayors Tackling Climate Change in the United States&body=ESG News from Bloomberg https://www.3blmedia.com/markdownify/node/194641?absolute=1 "Share via email")
 
 

 [Philanthropy & Cause Initiatives](/CSR-News/philanthropy-cause-initiatives)

 # Bloomberg Philanthropies Announces the American Cities Climate Challenge to Support Mayors Tackling Climate Change in the United States

 


 

 Jun 7, 2018 10:30 AM ET

  Campaign:  

[Originally posted on mikebloomberg.com](https://www.mikebloomberg.com/news/bloomberg-philanthropies-announces-american-cities-climate-challenge-support-mayors-tackling-climate-change-united-states/)

June 7, 2018 /3BL Media/ - On June 1, Mike Bloomberg, the United Nations Secretary-General’s Special Envoy for Climate Action and co-chair of America’s Pledge, announced the $70 million [American Cities Climate Challenge](https://www.bloomberg.org/program/environment/climatechallenge/), a major new effort to expedite progress in reducing greenhouse gas (GHG) emissions while growing local economies during a time of inaction from the federal government. Through a competitive process, [Bloomberg Philanthropies](https://www.bloomberg.org/) will select the 20 mayors demonstrating the strongest leadership and commitment to move America forward on delivering the goals of the Paris Agreement – a 26% reduction in emissions from 2005 levels. Selected cities will participate in a two-year program designed to significantly deepen the impact of their efforts to tackle climate change. The $70 million investment includes funding from a philanthropic partner and additional charitable partners may join the effort in the future.

The announcement coincides with the one-year anniversary of the Trump Administration’s statement of its intent to withdraw the U.S. from the Paris Agreement. Since June 2017, U.S. cities – along with states, businesses, and other nonfederal actors – have united as drivers of ambitious climate action, continuing the work to cut emissions while protecting public health and fostering economic growth. The actions taken by these nonfederal actors will be aggregated quantified through America’s Pledge.

[Click here ](https://www.mikebloomberg.com/news/bloomberg-philanthropies-announces-american-cities-climate-challenge-support-mayors-tackling-climate-change-united-states/)to read the full story.   
  
You can also [watch this clip ](https://www.cbsnews.com/news/michael-bloomberg-70-million-reducing-greenhouse-gas-emissions/)and read the related story on CBS News.



 

 

 

 

 

 

 

 [![](/sites/default/files/Clients/updatedlogoBBGBlck.png)](/profiles/bloomberg)

 



 

### More from Bloomberg

###### [Companies With Gender Diverse Boards Deliver 2–5% Higher Annual Returns Than Companies With Fewer Women, Finds Bloomberg Intelligence](/news/companies-gender-diverse-boards-deliver-2-5-higher-annual-returns-companies-fewer-women-finds)

 Oct 23, 2024 9:30 AM ET

  



###### [Bloomberg Named a Leader in Climate Financial Data and Analytics in Report by Independent Research Firm](/news/bloomberg-named-leader-climate-financial-data-and-analytics-report-independent-research-firm)

 Oct 22, 2024 9:00 AM ET

  



###### [Bloomberg Launches Solution to Help Investors Assess Their Exposure to Nature and Biodiversity-Related Risks](/news/bloomberg-launches-solution-help-investors-assess-their-exposure-nature-and-biodiversity)

 Oct 18, 2024 1:30 PM ET

  



###### [Public Research for Climate Action](/news/public-research-climate-action)

 Sep 26, 2024 4:00 PM ET

  



###### [Bloomberg Expands Climate Solutions To Enhance Corporate Transition Risk Assessments and Help Firms Align Portfolios With Their Net Zero Targets](/news/bloomberg-expands-climate-solutions-enhance-corporate-transition-risk-assessments-and-help)

 Sep 20, 2024 3:30 PM ET

  



###### [EDP Renewables to Supply Clean Electricity to Bloomberg in Innovative Long-Term Contract](/news/edp-renewables-supply-clean-electricity-bloomberg-innovative-long-term-contract)

 Sep 13, 2024 11:30 AM ET

  



###### [Bloomberg Named a Leader in ESG Data and Analytics in Report by Independent Research Firm](/news/bloomberg-named-leader-esg-data-and-analytics-report-independent-research-firm)

 Aug 19, 2024 6:15 PM ET

  



###### [Net-Zero Window Closing but Still Time To Get on Track](/news/net-zero-window-closing-still-time-get-track)

 Aug 8, 2024 9:00 AM ET