Michael Bloomberg

BusinessGreen brings you this week's green business headlines from around the world

Tool will track the progress made by utility companies transitioning away from fossil fuels

Climate Finance Leadership Initiative will seek to raise private capital towards tackling climate change ahead of critical UN summit in September

Antonio Guterres appointed the billionaire businessman to spur private sector investment into clean energy and resilience to climate change

UN climate secretariat says funding commitment comes at 'a critical time' given level of outstanding contributions from governments

Bloomberg Philanthropies and energy giant Drax become latest organisations to signal support for Powering Past Coal Alliance

Former New York Mayor given key climate role to help encourage governments and businesses reduce greenhouse gas emissions