Mon Sep 30 00:46:10 UTC 2024: ## Global Business Forum Calls for Collective Action on Climate Change

**New York City, NY –** The Bloomberg Philanthropies Global Business Forum brought together world leaders, business executives, and climate experts on Tuesday, September 24, 2024, for a unified message: **the climate crisis demands immediate and collective action.**

The forum, opened by Michael R. Bloomberg, UN Special Envoy on Climate Ambition, highlighted the urgent need for collaboration between the public and private sectors to tackle the threat posed by climate change. “No single issue presents bigger threats to peace and prosperity or greater opportunities to spur economic growth,” Bloomberg emphasized.

Discussions throughout the day focused on practical solutions and ongoing efforts to combat climate change. IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga underscored the importance of international cooperation, with Georgieva famously referencing the 1995 hip hop hit “This is How We Do It” to emphasize the need for shared responsibility.

President Biden, speaking at the forum’s conclusion, stressed the urgency of the situation, noting the unprecedented scale of wildfires across the US. He reaffirmed his commitment to tackling the climate crisis and highlighted the progress made by his administration in re-establishing the US as a global leader in climate action.

While acknowledging the significant strides made in combating climate change, the forum also underscored the need for greater ambition. Jane Fonda, actress and climate activist, emphasized the importance of holding the fossil fuel industry accountable, and called on world leaders to prioritize climate action.

The forum served as a powerful platform for showcasing the scale of the climate crisis, highlighting the actions already being taken, and rallying support for even greater efforts. The message was clear: we need to “do it” together, and we need to “do it” now.

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