"Billionaire former New York City mayor Michael Bloomberg announced Thursday that his foundation would fund the UN climate change agency after President Donald Trump withdrew the US from the Paris Agreement. Bloomberg’s pledge will cover the 22 percent of its $96.5 million budget previously provided by the US for 2024-2025."
"Billionaire Michael Bloomberg announced Thursday that his foundation will step in to fund the UN climate change body after President Donald Trump declared the United States would withdraw from the Paris Agreement for the second time.
Bloomberg's intervention aims to ensure the United Nations Framework Convention on Climate Change (UNFCCC) remains fully funded despite the United States halting its contributions.
The United States typically provides 22 percent of the UNFCCC secretariat's budget, with the body's operating costs for 2024-2025 projected at 88.4 million euros ($96.5 million)."
France24 had the story January 23, 2025.
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