Bloomberg Pledges to Avail Funding to Fill Gaps Resulting from America’s Withdrawal from Paris Agreement
Earlier this week, Michael Bloomberg announced that Bloomberg Philanthropies and other climate funders in America would provide funding to help fulfil the country’s obligations under the 2015 Paris Agreement. Bloomberg, a former mayor of New York City and United Nations Secretary General’s Special Envoy on Climate Ambition and Solutions, explained that this funding would ensure that America met its climate obligations, which include upholding America’s reporting commitments. This announcement comes after President Donald Trump signed an executive order to withdraw America from this climate coalition. Prior to its exit from this accord, the United States contributed over 20% of the…