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Michael Bloomberg steps in to help fund UN climate body after Trump withdrawal

Michael Bloomberg announced that his foundation will fund the UN climate change body after President Donald Trump's withdrawal from the Paris Agreement for the second time.
Bloomberg's efforts aim to ensure the UN Framework Convention on Climate Change remains funded despite the U.S. Halting its contributions.
The UN Climate Change Secretariat's operating costs for 2024-2025 are projected at 88.4 million euros .
Bloomberg reiterated his commitment to uphold U.S. Reporting obligations under the Paris Agreement, stating that contributions are vital for supporting countries' commitments.

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Il Fatto Quotidiano

Climate, Bloomberg ready to pay instead of the US if Trump leaves the Paris Agreement

If Donald Trump has ordered the withdrawal of the United States from the Paris Agreement, there are those who will take charge of the financial vacuum that the new administration will leave in terms of climate commitments. Michael R. Bloomberg, former mayor of New York and now UN special envoy for ambition and climate solutions, announced that his Bloomberg Philanthropies and other US funders will ensure compliance with climate commitments by th…

2 months ago·Rome, Italy

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The Chandler Arizonan

Earthjustice Applauds Bloomberg Philanthropies' Effort to Ensure U.S. Honors Paris Agreement Commitments

United States remains committed to its climate goals through action at every level

2 months ago·Chandler, United States

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Euronews

Bloomberg offers climate cash to UN after Trump exits Paris Agreement

The core of the UNFCCC's budget comes from its almost 200 member countries.

2 months ago·France

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VINnews

Mike Bloomberg Steps in Again to Fund UN Climate Body in Response to Trump’s Moves

NEW YORK – Jewish billionaire and former New York Mayor Michael Bloomberg pledged on Thursday to help cover U.S. financial commitments to the United Nations climate body after President Donald Trump said he would eliminate the funding and withdraw from the global Paris climate agreement. The new Republican president is repeating a policy decision he […]

2 months ago

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Mainichi Shimbun

US withdraws from Paris Agreement: Private foundations to fill funding gap

The Bloomberg Foundation announced on the 23rd that it will make up for the gap in contributions caused by the Trump administration's withdrawal from the Paris Agreement, an international framework for climate change measures. In a statement, it said, "The American people are determined to fight the devastating effects of climate change," and emphasized that state governments and the private sector will take the lead in fulfilling their obligati…

2 months ago·Chiyoda, Japan

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Jerusalem Post

Bloomberg steps in again to fund UN climate body

Trump is repeating a policy decision he made at the start of his previous term in office, which similarly triggered a move by Bloomberg to uphold the country’s international climate obligations

2 months ago·Jerusalem, Israel

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