Private sector steps in to fulfil US climate commitments after Paris Agreement exit
"Our cities, states, businesses, and local institutions will take the baton of US climate leadership and run with it."
UN Special Envoy on climate change and media billionaire Michael Bloomberg is mobilising funding from philanthropies and âother climate fundersâ to meet US climate obligations after President Trump confirmed the countryâs exit from the Paris Agreement.
After the new Republican administration signed an executive order to withdraw the United States from the Paris Agreement on Trumpâs first day as President, Bloomberg Philanthropies has announced that it will help to fulfil some of the countryâs abandoned obligations, including around funding and emissions reporting.
