After Donald Trump’s announcement of a new withdrawal of the United States from the Paris Climate Agreement, American billionaire Michael Bloomberg pledged Thursday to compensate, in place of the federal government, any unpaid American contribution at the UN Climate.
As during Donald Trump’s first term, the businessman and former mayor of New York who opposes the Republican and who is the United Nations special envoy on climate, announced that he would compensate for any shutdown American contributions to the organizer of climate conferences (the COP), the next edition of which will take place in November in Brazil (COP30).
The United States finances 22% of the total budget of theHIM Climate, headquartered in Bonn, Germany, and which amounts to 132.5 million Canadian dollars for the years 2024-2025. The president did not announce the withdrawal ofHIM Climate to date, but only from the Paris Agreement, managed by this body.
Donald Trump also signed the upcoming withdrawal of another UN entity, the World Health Organization (WHO), whose budget is disproportionate, at $7.89 billion in 2022-2023, and depends on 16 % of the United States. Mr. Bloomberg’s commitment only concernsHIM Climate.
Bloomberg Philanthropies and other U.S. climate donors will ensure the United States meets its global climate obligations following the federal government’s intention to withdraw from the Paris Agreement for a second time .
Concluded under the auspices of the United Nations and adopted during the COP21 in 2015, the Paris Agreement brings together almost all of the world’s states and aims to keep global warming below a certain threshold.
While government funding remains essential to our mission, contributions like this are vital to enabling the Secretariat ofHIM on climate change to help countries meet their commitments under the Paris Agreement
greeted the head of theHIM Climate, Simon Stiell.
A first promise in 2017
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Former New York Mayor Michael Bloomberg shakes hands with Donald Trump, then presidential candidate last year, during the ceremony commemorating the September 11 attacks. The two men are political adversaries. (Archive photo)
Photo : Associated Press / Yuki Iwamura
When the first American withdrawal from the United States was announced in 2017, Michael Bloomberg pledged to pay up to $15 million to finance theHIM Climate and launched, with former California Governor Jerry Brown, the initiative America’s Pledge
which brings together local authorities and American companies committed to the climate.
Mike Bloomberg’s generous gift will allow the world to maintain a vital forum for cooperation on the fundamental challenge of our time that no country can solve alone or afford to ignore.
reacted Laurence Tubiana, an architect of the Paris Agreement, which will be ten years old this year.