Current:Home > ContactBloomberg Philanthropies launches $50 million fund to help cities tackle global issues -Prosper Capital Insights
Bloomberg Philanthropies launches $50 million fund to help cities tackle global issues
View
Date:2025-04-25 10:28:52
NEW YORK (AP) — Bloomberg Philanthropies unveiled a $50 million initiative Wednesday to help cities address global issues, including climate change, by launching programs proven effective in other cities around the world.
The Bloomberg Cities Ideas Exchange will give city governments grants for startup costs and technical support, as well as sponsor trips and webinars to inform leaders about new programs.
“Cities are a force for change on all of the big challenges we’re facing, and we’ve long worked to spread the best ideas globally,” Michael R. Bloomberg, founder of Bloomberg LP and Bloomberg Philanthropies, said in a statement. “This new Bloomberg Cities Idea Exchange will intensify and expand those efforts, bringing new muscle and rigor to the replication process.”
The new initiative, announced at the Bloomberg CityLab conference in Washington on Wednesday, formalizes a process that CityLab has used for years. As former mayor of New York City, Bloomberg knows the importance of seeking out ideas that other cities have already proven, said James Anderson, who leads Bloomberg Philanthropies’ Government Innovation Program.
“He understood the unique opportunity that city leaders have to drive progress locally, but also contribute to driving around global issues like climate change,” Anderson told The Associated Press in an interview. “We looked around and we understood very quickly that many city halls did not have the capacity they needed to find solutions and to implement them locally, to make them more ambitious and move their cities and the world forward.”
They decided that philanthropy could play an important role in helping cities launch innovative programs and then unlock further funding from governments or other donors, Anderson said.
The Bloomberg Cities Ideas Exchange builds on the success of programs like an environmental initiative in Lincoln, Nebraska, that turns wood waste into a charcoal-like material called biochar that reduces the amount of carbon dioxide released into the atmosphere.
In 2022, the city received a $400,000 grant from Bloomberg Philanthropies to launch the program and it has already made a difference in the city, said Lincoln Mayor Leirion Gaylor Baird. The biochar — which the city produces from trees blown down in storms or damaged by the emerald ash borer beetle — traps carbon, conserves water and improves the soil.
“We have ambitious climate action goals,” Gaylor Baird said. “And we’re looking for innovative solutions to help us sequester carbon and improve quality of life and also just deal with some of the impacts of changing weather patterns.”
Without the Bloomberg Philanthropies grant, Lincoln would not have been able to launch the biochar initiative so quickly, Gaylor Baird said. Or receive a $100,000 grant from the Nebraska Forest Service.
Mattias Gustafsson, co-founder of the consulting firm EcoTopic and the project manager of the Stockholm Biochar Initiative, which the Lincoln project is modeled after, said he is “proud and amazed” to see the idea replicated around the world. In the United States, Cincinnati and Minneapolis have also launched biochar projects, along with Helsinki, Darmstadt, Germany, Helsingborg, Sweden, and Sandnes, Norway – all with help from Bloomberg Philanthropies.
“Cities are really crucial for fighting climate change because they have a different angle coming in,” Gustafsson said. “Cities are not trying to make a profit. They are trying to do something good for their citizens.”
The Bloomberg Cities Ideas Exchange is designed to help cities in that effort, Anderson said. Numerous projects, highlighted by Bloomberg Philanthropies’ Global Mayors Challenge, have already been replicated by cities around the world.
The Providence Talks program in Rhode Island, which helps young children learn by increasing the number of words they hear each day, has been adopted by Birmingham, Alabama. The Visor Urbano program in Guadalajara, Mexico, which allows businesses to receive licenses completely online, has already expanded to 100 other cities in Mexico and will soon launch in other Latin American cities.
Anderson said that city officials receive so much real time feedback from their residents that they are always looking for new ideas to help them do their jobs better.
“They don’t spend as much time giving speeches and engaging in partisanship because they’re in the business of delivering services that people count on every single day,” he said. “There’s an accountability to residents to bring solutions that make a difference in their lives that are visible and measurable. And the cities understand that sometimes those ideas can come from entrepreneurs at hom and other times it’s great to steal those ideas from the city down the street.”
____
Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.
veryGood! (6)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Judge to hear arguments on whether to dismiss Trump’s classified documents prosecution
- TikTok told users to contact their representatives. Lawmakers say what happened next shows why an ownership restructure is necessary.
- Kyle Richards Defends Kissing Hot Morgan Wade and Weighs in on Their Future
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Washington State Bar Association OKs far lower caseloads for public defenders
- Is Messi playing tonight? Inter Miami vs. Nashville Champions Cup stream, live updates
- Judge to hear arguments on whether to dismiss Trump’s classified documents prosecution
- The company planning a successor to Concorde makes its first supersonic test
- Kemp signs Georgia law reviving prosecutor sanctions panel. Democrats fear it’s aimed at Fani Willis
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Kyle Richards Defends Kissing Hot Morgan Wade and Weighs in on Their Future
- Texas man who used an iron lung for decades after contracting polio as a child dies at 78
- Hunter Biden declines GOP invitation to testify publicly before House committee
- Current, future North Carolina governor’s challenge of power
- Queen Camilla honored with Barbie doll: 'You've taken about 50 years off my life'
- Lindsay Lohan Reveals Plans for Baby No. 2
- A CDC team joins the response to 7 measles cases in a Chicago shelter for migrants
Recommendation
Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
Where Love Is Blind’s Jimmy and Jessica Really Stand After His Breakup With Chelsea
Michigan State's basketball maverick: How Tom Izzo has prospered on his terms for 30 years
Transgender recognition would be blocked under Mississippi bill defining sex as ‘man’ or ‘woman’
All That You Wanted to Know About She’s All That
Olivia Munn reveals breast cancer diagnosis, says she underwent double mastectomy
Love Is Blind’s Jimmy and Chelsea Reveal Their Relationship Status After Calling Off Wedding
Powerball winning numbers for March 13, 2024 drawing: Jackpot up to $600 million