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.
“From 2017 to 2020, during a period of federal inaction, cities, states, businesses, and the public rose to the challenge to uphold our nation’s commitments -- and now, we are ready to do it again,“ Bloomberg, who serves as the UN Special Envoy on Climate Ambition and Solutions, said in a statement.
In 2017, following the Trump administration’s first withdrawal from the Paris accord, Bloomberg pledged up to $15 million to support the UNFCCC.
Bloomberg reiterated his commitment to upholding US reporting obligations this time as well.
“Contributions like this are vital in enabling the UN Climate Change secretariat to support countries in fulfilling their commitments under the Paris Agreement and advancing a low-emission, resilient, and safer future for all,“ said UN climate chief Simon Stiell.
Read More Details
Finally We wish PressBee provided you with enough information of ( Billionaire Bloomberg to fund UN climate body after US withdrawal )
Also on site :