On Friday, former New York mayor billionaire Michael Bloomberg announced that his Bloomberg Philanthropies would cobble together $15 million along with other entities to “support the operations” of the United Nation’s Framework Convention on Climate Change to cover the funds lost by President Trump’s decision to exit the Paris Accord.
A statement from Bloomberg Philanthropies read,”The pledge aims to fill a significant funding gap that comes as a result of President Donald Trump’s announced withdrawal from the Paris agreement and proposed steep budget cuts for international programs, including on climate.”
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