Many of the greatest human, scientific and technological advancements since World War II rely on the modernization of our financial system made at the Bretton Woods conference in 1944. Today, however, the financial system is failing to adequately address the biggest global financial, humanitarian and public health risk we face: climate change.

Former President Donald Trump appearing in federal court in Miami today, facing 37 criminal counts related to his handling of classified documents, is a sad but necessary moment of truth and accountability. Even for his staunchest opponents, it should be nothing to celebrate.

In politics, it’s easy to shake a fist. It’s harder to shake a hand. But more progress is made through cooperation than conflict. That truth is worth bearing in mind as the latest dust-up over the next UN climate conference unfolds.

Matt Myers has been an incredible partner for Bloomberg Philanthropies.

Mike Bloomberg’s belief in big and bold ideas – which is embedded in the culture of both Bloomberg L.P. and Bloomberg Philanthropies – makes anything possible.

In a Q&A with Les Echos, Mike Bloomberg discusses the use of artificial intelligence in finance and the financial future of Paris.

New York City Mayor Eric Adams, Trust for Governors Island President and CEO Clare Newman, and State University of New York (SUNY) Stony Brook University President Maurie McInnis unveiled the “New York Climate Exchange,” a transformative vision for a first-in-the-nation climate research, education, and jobs hub on Governors Island that will create thousands of permanent jobs and $1 billion in economic impact for the city.

The world is in transition, moving away from a past powered and polluted by fossil fuels and heading towards a future that runs on clean and renewable energy. We aren’t nearly as far along as we should be in order to avoid the worst harms of climate change. But the right tools and support can help companies and policymakers pick up the pace — and at Bloomberg, we’re working harder than ever to provide them.

Cities are a big focus for Bloomberg Philanthropies, across all the areas we work in, because we’ve seen the power of cities to scale and spread change. And by investing in mayors and local leaders, we can multiply the impact of our philanthropy.

In the New York City Sanitation Department’s long history, John Doherty’s record is unmatched.