“We are actually moving in a reverse direction right now, where wealthy nations are taking care of themselves. Large parts of the world are unvaccinated today. We need to turn this clock back into more cooperation, a common prosperity for the world, rather than a few select nations.”
The New Economy Forum is being organized by Bloomberg Media Group, a division of Bloomberg LP, the parent company of Bloomberg News.
Michael Bloomberg, the founder and majority owner of Bloomberg LP -- the parent company of Bloomberg News -- committed $500 million to Beyond Carbon, a campaign aimed at closing the remaining coal-fired power plants in the U.S. by 2030 and halting the development of new natural gas-fired plants. He also started a campaign to close a quarter of the world’s remaining coal plants and cancel all proposed coal plants by 2025.