UN’s efforts to fight climate change get a boost from Michael Bloomberg
The UN Special Envoy for Climate Action, Michael Bloomberg, has pledged a contribution worth $4.5 million to United Nation’s (UN) Climate Change Secretariat called the UNFCCC.
It was in June when the billionaire philanthropist and former Mayor of New York City first pledged to make up the Secretariat’s funding shortfall, which was caused by US President Donald Trump’s announced withdrawal from the historic 2015 Paris Agreement on climate change.
UN said the contribution will go towards general operations, including assisting countries to meet targets for cutting greenhouse gas emissions in line with the accord, agreed by 193 States in the French capital.
In late March, the United States Congress announced that it was cutting funding for this year to the UNFCCC by $4.5 million from $7.5 million.
UN Secretary-General António Guterres said he was “very grateful to Michael Bloomberg, not only for his generous support to the United Nations, but also for his global leadership on climate action.”
“When countries adopted the historic Paris Agreement to limit global temperature rise, they also recognized that achieving that goal would take broad-based global climate action in all sectors, public and private,” UNFCCC’s Executive Secretary Patricia Espinosa said.
“I welcome this generous contribution from Bloomberg Philanthropies as an important, practical recognition of our need to work together and to step up our response to climate change,” she added.