Bloomberg To Speak At Climate Risk Forum

October 17, 2019

Three-term New York City mayor and entrepreneur Michael Bloomberg will be the keynote guest at a half-day, thought-leadership forum presented by the Bermuda Tourism Authority later this month in association with the Bermuda Institute of Ocean Sciences [BIOS] and the inaugural Bermuda Championship, an official PGA Tour event.

The Bermuda Climate Risk Forum, slated for Wednesday, October 30 at Hamilton Princess & Beach Club, will launch with a conversation between Mr Bloomberg and Bermuda Premier David Burt on the topic of climate risk.

Their kickoff session will be followed by two discussion panels focused on the challenges of climate change and sea-level rise facing islands, and the science and business of risk and resilience. The event brings together local and overseas thought leaders from science, industry and government to examine the significant challenges, impacts and innovations around climate risk.

“We’re honoured to welcome Mr. Bloomberg to Bermuda and to present this future-focused event aimed at raising Bermuda’s global profile around the world,” said BTA CEO Kevin Dallas.

“We hope the Forum provides a platform for stimulating community discussion on this critical issue, showcasing our corporate, science and government stakeholders—and also providing another great reason to bring clients, brokers, board directors and other guests to the island for our Bermuda-fall PGA Tour event.”

Michael Bloomberg

Mike Bloomberg Bermuda Oct 17 2019

Mr Bloomberg, the founder of Bloomberg LP, launched his information technology start-up in 1981 and built it into a global organisation that employs nearly 20,000 people in 120 countries. In 2001, he was elected 108th mayor of New York City and served for three terms to 2013 before returning to lead his company.

Mr Bloomberg has been strongly committed to philanthropy throughout his career, giving away more than $8 billion, and has made combatting climate change a top priority of his foundation, Bloomberg Philanthropies.

He serves as the UN Secretary-General’s Special Envoy for Climate Action charged with galvanising the efforts of local and regional governments, businesses, and communities. He also leads a number of coalitions taking urgent climate action, including the Global Covenant of Mayors and the C40 Cities Climate Leadership Group.

After the US Congress did not pass a climate bill in 2010, Bloomberg Philanthropies worked with the Sierra Club to launch the Beyond Coal campaign, which has retired more than half of all US coal plants since its inception.

Following the announcement of the planned US withdrawal from the Paris Climate Agreement, Mr Bloomberg joined with California Governor Jerry Brown to launch America’s Pledge, a coalition of more than 3,000 local leaders committed to meeting the goals the US set under the Agreement.

He recently launched Beyond Carbon, the largest-ever coordinated campaign to fight the climate crisis in the US, which works to accelerate the retirement of coal plants and stop the construction of gas plants. The investment brings his total investment in the global fight against climate change to $1 billion.

He is also co-author, with Carl Pope, of the New York Times bestseller Climate of Hope: How Cities, Businesses, and Citizens Can Save the Planet.

Following Mr Bloomberg’s opening discussion, the Forum will feature two expert panels.

The first, titled “Climate Risk & Small Islands,” examines how the scientific community and governmental agencies are working together to protect small islands from the impact of severe storms. The session looks at how islands not only are at the forefront of potentially devastating impacts, but also provide global lessons in resilience.

The morning’s second panel, “The Science & Business of Risk & Resilience,” explores the nexus of corporate and scientific spheres as a catalyst for some of the most innovative tools and financial instruments available for building resilience against climate change and natural catastrophe risk. In particular, it highlights the insurance sector’s efforts to reduce disaster risk and enhance climate resilience in surprising ways.

“The Bermuda Championship is pleased to add the Climate Risk Forum to our schedule of events,” said Tournament Director Sean Sovacool. “We support the efforts of our sponsors and our friends at BIOS as they continue their research in pursuit of solutions to mitigate climate change issues throughout the world. We also very much look forward to welcoming Forum attendees to our Pro-Am event that day.”

The event will include networking breaks, as well as a special lunchtime presentation about the BIOS Ocean Academy at the Bermuda Institute of Ocean Sciences.

“We’re very pleased to be a part of this important conversation about climate risk, along with industry and public-sector stakeholders,” said BIOS President and CEO, Dr. Bill Curry.

“We have a long history of studying the climate from an ocean perspective and conducting research into risk with our partners in the insurance industry through our Risk Prediction Initiative. This Forum gives us an opportunity to explore the intersection of climate science and an increased understanding of risk from multiple perspectives.”

Registration for the Bermuda Climate Risk Forum is $175 per person and includes attendance at the morning event, followed by lunch and ferry transport to and from the invitation-only Pro-Am of the PGA Tour: Bermuda Championship at Port Royal Golf Course, Southampton. That afternoon, SkyBox hospitality will be provided to Forum guests overlooking the course’s panoramic 18th hole.

To secure online registration for the Bermuda Climate Risk Forum, click here. For more information on the Forum please visit the website, or you may contact the organisers at: or 292-6386.

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Comments (15)

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  1. Wahoo says:

    This guy probably has a bigger carbon footprint than the entire population.

  2. Poo Bear says:

    Please tell me that Mr Bloomberg is doing this GRATIS FREE I can only imagine his appearance fee alone would cripple the govts already empty coffers. However I do commend in obtaining the services of such a powerful individual. May I suggest we next try to get Warren Buffet here along with the CEO of Apple.After all we are only an hour and a half away.

    • wahoo says:

      Jimmy Buffet would do it for a lot less.

    • Kevin Dallas says:

      Bloomberg is speaking because we asked him to, and because he cares about Bermuda, likes golf, and is committed in his philanthropy to combating climate change. He is not being paid.

      Warren Buffett lives in Omaha, and Tim Cook (CEO of Apple) is in Cupertino California so neither is 90 mins away, and to my knowledge neither has any particular connection to Bermuda.

      • OK says:

        OK but did you ask them or are we to succumb to the arrogant nature of your knowledge / opinion? As an example, if you did your research you would find that Buffett is motivated by the consumption of low-tech information (reading) and he loves playing bridge. These two things are available in Bermuda. He also values passing on his teachings to children and his just reward is the love he get from those he touches. Perhaps we reach out to him to organize a low-tech interaction with our kids and the importance of reading every day and working multiple jobs to acquire both skill and money to start them investing in the future and the long term approach to life vs our consumable society. And I was gifted the privilege to join in at a lunch that was hosted with Mr. Buffett for charity and the information and perspectives he shared were beyond any investment one could ever make! So instead of you and Zane doing photo opportunities and dining with super-yacht elites we should spend some of our hard earned money on giving our kids and young entrepreneurs access to someone who is unique, knowledgeable and will never exist in the world again! Just think about that the next time the BTA takes millions and spends it on marketing and other non-legacy building pursuits!

      • Onion Juice says:

        Well we gave Billionaires $77 Million to have a sailboat race after SpongeBob told seniors money dont grow on trees, seniors and workers didnt gat an increase for five years while being preasured to take furlough days and CEO’s getting paid $1000 a day.
        Why fuss about this?

        • Question says:

          Get over it. As a matter of fact money doesn’t grow on trees. The PLP loves taking away what successful people earn.

      • Poo Bear says:

        very glad to hear its free. i truely hope we gain something from his vast knowledge, and business acumen. I am NOT belittling your hopes I am simply putting names of powerful intelligent contemporary thinkers forward. Imagine a think tank on climate change and the future of business hosted in Bermuda of these icons and numerous others.

      • D R Lambert says:

        Exactly Kevin. Thank you.

  3. Average Bermudian says:

    This is the guy who stated after an Election in Bermuda about “Night and Day”

  4. Words of Wisdom says:

    Actual, not imaginary, Climate Risk = Volcanoes. One volcano erupts, boom you get like a hundred years worth of human pollution equivalent in one day. All this contrived whining about carboon footprint is purposely being constructed as a programmed narrative to help manipulate society and to implement new taxes to make certain people richer.
    Last time I checked, cows have always farted on them hills. Cows evolved on earth, after all. Shall we blame cow farts on all the ice ages, therefore? Energy cannot be created or destroyed, but only moves from one form to another. All the pollution humans have created is not only futile compared to the pollution nature itself produces, but all our pollution is literally made up of the very natural elements from nature itself. Carbon dioxide for example. Fuel is from plants underground etc. You cant take out what wasnt there. You cant get out from it more than what was there. Yes our cars burn fuel and put out smoke. But we did not create any extra energy or output any extra chemicals than what originally existed to create such. We merely moved the energy from one place to another. Way less harmful than a volcanic eruption.

    • D R Lambert says:

      Um… Cars produce Carbon MONoxide, not Carbon dioxide… One can be converted by plants the other kills plants. One is tolerable by humans in smALL doses the other Fatal. Cows farting on a hill cannot be compared to a million airplanes and billions of internal combustion engines expelling poisonous gases. We live in a dome. At some point there is a breaking point. The volcanic eruption example is idiotic. It is not a sustained expulsion and therefore (Over time) has the ability to be nullified. If there were Multiple eruptions and lasted for years then you would have an argument. i.e. The destruction of most life on earth caused by volcanoes such as the one in yellow stone over 2.1 million years ago.

  5. imjustsaying says:

    People like Bloomberg and our schools are brainwashing the children in students causing anxiety with all the false propaganda about climate change hoax and the world is gonna end etc. And of course our Government are a bunch of followers believing all the garbage about of the false narrative of so called climate change. Plant life lives off of c02 get rid of it and you will destroy the trees and the earth. SMH!

  6. Ben S says:

    The hypocrisy is amazing. How many times did he fly in a private jet between NYC and Bermuda? Spare me the nonsense.