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Michael Bloomberg said he'll pay $15 million to the UN to support the Paris agreement

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President Trump's decision to withdraw the United States from the Paris climate agreement has spurred consensus among environmental activists, high-profile businesses, and even billionaires.

Former New York City Mayor Michael Bloomberg said he'll donate $15 million to "support the operations" of the United Nation's Framework Convention on Climate Change, the branch of the UN that spearheads the Paris agreement, CNN reported.

The money won't come directly from Bloomberg's pockets, but rather, from his organization called Bloomberg Philanthropes, and other partners.

"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," a statement read.

During his Thursday remarks from the Rose Garden, Trump said the Green Climate Fund -- the money that the UN uses to help countries to develop clean energy technology-- placed a "draconian" burden on the United States. He ordered all payments be discontinued. 

Patricia Espinosa, the executive secretary of the UN Framework Convention on Climate Change, described Bloomberg Philanthropies as "crucial."


"In order to achieve Paris in full and deliver low emissions, resilient and more secure future for every man, woman, and child, it is very encouraging to see that all actors reaffirm their willingness to work together," Espinosa said.

Michael Bloomberg said he'll pay $15 million to the UN to support the Paris agreement

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