Bloomberg Philanthropies

09/12/2024 | Press release | Distributed by Public on 09/12/2024 04:55

Bloomberg Philanthropies Announces the Return of the Bloomberg Global Business Forum on September 24 in New York City

In partnership with the World Bank Group and International Monetary Fund, the leading global convening of government leaders and international CEOs will highlight investment action and major trends influencing global markets during the 79th Session of the UN General Assembly

Speakers include Michael R. Bloomberg, Ajay Banga, Kristalina Georgieva, Shemara Wikramanayake and Bill Winters

New York, NY - Today, Michael R. Bloomberg announced the Bloomberg Global Business Forum will return to New York City on Tuesday, September 24th, during the 79th session of the United Nations General Assembly. Supported by Bloomberg Philanthropies and in partnership with the World Bank Group and International Monetary Fund (IMF), the forum will focus on aligning governments and businesses around the risks and opportunities impacting global markets, such as climate change, trade, and digitalization.

"All the big challenges we face require collaboration across the public and private sectors, including the unprecedented global challenge of climate change," said Michael R. Bloomberg, founder of Bloomberg L.P. and Bloomberg Philanthropies and the UN Secretary-General's Special Envoy on Climate Ambition and Solutions. "With the World Bank and the International Monetary Fund joining as partners, this year's Bloomberg Global Business Forum promises to be the most ambitious yet. We're looking forward to welcoming leaders from around the world to share ideas, seize opportunities, and build new partnerships."

Michael R. Bloomberg, the UN Secretary-General's Special Envoy on Climate Ambition and Solutions and Founder of Bloomberg Philanthropies and Bloomberg L.P., Ajay Banga, President of the World Bank, and Kristalina Georgieva, Managing Director of the IMF, will address the event alongside a number of other speakers, including Mark Carney, UN Special Envoy on Climate Action and Finance and Co-Chair of Glasgow Financial Alliance for Net Zero, David Schwimmer, CEO, London Stock Exchange Group, Jean-Paul Servais, Chairman, IOSCO, Shemara Wikramanayake, CEO, Macquarie, and Bill Winters, CEO of Standard Chartered. Additional speakers will be announced shortly.

The Global Business Forum will provide an opportunity for leaders across public policy, business, technology, and finance to assess and outline progress that must be made by the public and private sectors ahead of upcoming global moments, including the G20 and COP29 in November. The Global Business Forum will also highlight investment action across key sectors and the opportunities and challenges associated with current financial paradigm shifts across the forum's themes.

"In developing countries, we have an opportunity to improve lives and confront the toughest challenges. But no one can do it alone," said Ajay Banga, President of the World Bank. "Responding to the world's intertwined crises demands partnership and strong private sector participation. The Global Business Forum can help inspire the collaboration necessary to make a difference."

"From addressing debt vulnerabilities to combating climate change and leveraging new digital technologies, the need for cooperation between policymakers and the private sector has never been greater," said Kristalina Georgieva, Managing Director of the IMF. "The IMF is proud to be a partner in this initiative, encouraging the exchange of ideas and strengthening public-private sector collaboration."

The event will be held from 3:30-5:00pm ET on Tuesday, September 24th, at The Plaza Hotel in New York City. Media must be credentialed to attend the Global Business Forum and can submit their request here. Please contact [email protected] with any questions.

Last held in the fall of September 2019, the Bloomberg Global Business Forum is the leading public-private gathering alongside the United Nations General Assembly, bringing together CEOs and policymakers from around the world to discuss the importance of cooperation, diplomacy, and shared responsibility for economic prosperity and environmental stability. The 2024 Global Business Forum will follow the third Earthshot Prize Innovation Summit, co-hosted by the Earthshot Prize and Bloomberg Philanthropies, on the morning of September 24th, also at The Plaza Hotel.

About Bloomberg Philanthropies:
Bloomberg Philanthropies invests in 700 cities and 150 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on creating lasting change in five key areas: the Arts, Education, Environment, Government Innovation, and Public Health. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg's giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a philanthropic consultancy that advises cities around the world. In 2023, Bloomberg Philanthropies distributed $3 billion. For more information, please visit bloomberg.org, sign up for our newsletter, or follow us on Instagram, LinkedIn, YouTube, Threads, Facebook, and X.

Media Contact:
[email protected]