Michael Bloomberg, the United Nations Secretary-General’s Special Envoy on Climate Ambition and Solutions, announced that Bloomberg Philanthropies and other climate funders will ensure the US meets its global climate obligations following the federal government’s intent to withdraw from the Paris Agreement for the second time.

This includes covering the funding gap left by the US to UN Climate Change (UNFCCC) and upholding the country’s reporting commitments and will be in the region of $20m.

“We deeply appreciate the generous support from Bloomberg Philanthropies and the leadership shown by Mike Bloomberg,” said Simon Stiell, United Nations Climate Change Executive Secretary. “While government funding remains essential to our mission, contributions like this are vital in enabling the UN Climate Change secretariat to support countries in fulfilling their commitments under the Paris Agreement and a low-emission, resilient, and safer future for everyone.”

This is the second time Bloomberg has stepped in to help uphold the country’s funding and reporting commitments under the Paris Agreement.

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