WASHINGTON (Reuters) - Former New York Mayor Michael Bloomberg's philanthropy and other U.S. funders said on Thursday they will cover U.S. financial obligations to the UN climate framework after President Donald Trump called for the U.S. to withdraw - for a second time - from the Paris climate agreement.
Bloomberg, a media billionaire who also serves as a UN special envoy on climate change, announced Bloomberg Philanthropies will once again cover the amount of money the U.S. owes each years to the United Nations Framework Convention on Climate Change and ensure the U.S. meets its emissions reporting obligations to the body despite the pullback from global climate diplomacy under Trump.
