Michael Bloomberg pledges over $20m to plug gap in UN’s climate budget after Trump pulled out
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This is the second time Bloomberg has stepped in to help uphold funding and reporting commitments under the Paris agreement. The pledge will cover 22 percent of the nearly $100 million budget previously provided by America. The other funders were not identified.
![[Former New York City mayor Michael Bloomberg, President Donald Trump and Vice president J.D. Vance attend the annual 9/11 Commemoration Ceremony in New York City last September. This is the second time Trump has pulled the U.S. out of the Paris climate agreement]](https://static.independent.co.uk/2025/01/23/17/GettyImages-2171359998.jpg)
United Nations Framework Convention on Climate Change Executive Secretary Simon Stiell said that the contribution is “vital in enabling the UN Climate Change secretariat to support countries in fulfilling their commitments under the Paris agreement and a low-emission, resilient, and safer future for everyone.”.
The international treaty was struck in 2015, in an attempt to address future peril and suffering driven by climate change. “We continue to work relentlessly, but our resources are increasingly over-stretched,” a spokesperson told Reuters then. “This analysis shows how U.S. subnational actors can significantly contribute to and potentially deliver on the U.S. goals under the Paris agreement,” the organization wrote.
Gina McCarthy, the former White House national climate advisor, said that the Trump administration has “failed once again to meet the moment.”. “Just like they did during the last Trump administration, our cities, states, businesses, and local institutions will take the baton of U.S. climate leadership and run with it,” she said.
