Michael Bloomberg Commits $15M to UN for Paris Agreement
Leaders across the country are stepping up and reaffirming their commitment to the Paris Agreement after Trump announced that he’s pulling out of the deal.
One leader who has stepped up is Michael Bloomberg.
Bloomberg’s charitable organization Bloomberg Philanthropies announced that it will pull together $15 million to “support the operations” of the United Nation’s Framework Convention on Climate Change, the arm of the UN that coordinates the Paris pact.
The $15 million would cover the United States’ share of the convention’s operating budget, according to Bloomberg spokesperson Carl Pope. The money will come from Bloomberg Philanthropies and its partners.
“The pledge aims to fill a significant funding gap that comes as a result of President Donald Trump’s announced withdrawal from the Paris agreement and proposed steep budget cuts for international programs, including on climate,” the Bloomberg Philanthropies statement reads.
Bloomberg tweeted out to show his commmitment:
.@BloombergDotOrg and partners will provide up to $15M in funding the @UNFCCC stands to lose from Washington. https://t.co/o8g2sKKbsz
— Mike Bloomberg (@MikeBloomberg) June 2, 2017
You can read the full statement below:
Michael Bloomberg commits up to $15,000,000 to support the operations of the UN Framework Convention on Climate Change. pic.twitter.com/ousH0LihME
— Kyle Griffin (@kylegriffin1) June 2, 2017