Bloomberg to fund UN climate body after Donald Trumps Paris exit | Climate Crisis News [Video]

The UN climate change body will receive funding from the foundation of billionaire Michael Bloomberg after President Donald Trump declared the United States would withdraw from the Paris Agreement for the second time.

In an announcement on Thursday, Bloomberg said the intervention aims to ensure the United Nations Framework Convention on Climate Change (UNFCCC) remains fully funded despite the US halting its contributions.

“From 2017 to 2020, during a period of federal inaction, cities, states, businesses, and the public rose to the challenge to uphold our nation’s commitments – and now, we are ready to do it again,” Bloomberg, who serves as the UN Special Envoy on Climate Ambition and Solutions, said in a statement.

The US typically provides 22 percent of the UNFCCC secretariat’s budget, with the body’s operating costs for 2024-2025 projected at an estimated $96.5m.

After taking oath on Monday, Trump signed one of his first executive orders withdrawing the US from the climate dealand ending all of the country’s international climate …