Former New York City Mayor and publisher Michael Bloomberg has pledged up to $15 million to cover America?s financial commitment in the Paris climate accord, and insisted that the U.S. can meet its carbon-reduction goals without the cooperation of the federal government.
The money ? to be paid by Bloomberg Philanthropies ? will help cover a funding gap left by Donald Trump?s decision to yank America out of the climate pact and slash payments for the nation?s share of administration of the agreement.
?Americans are not walking away from the Paris climate agreement,? Bloomberg said in a statement. ?Just the opposite ? we are forging ahead. Mayors, governors, and business leaders from both political parties are signing onto a statement of support that we will submit to the UN, and together, we will reach the emission reduction goals the U.S. made in Paris in 2015.?
Bloomberg, who?s a United Nations envoy on climate, added: ?Americans will honor and fulfill the Paris Agreement by leading from the bottom up ? and there isn?t anything Washington can do to stop us.?
The money will go to the United Nations Framework Convention on Climate Change (UNFCCC) ? the UN?s climate negotiating body ? and will be used to help countries implement their Paris accord commitments, according to Bloomberg?s statement.
Governors, along with scores of mayors, university presidents and business representatives are currently preparing a plan pledging to meet the goals of the Paris accord, and will lobby the UN to accept the document just as it would from a national government. Local and state governments can have a major impact on reducing pollution from outright caps on emissions to building transit systems.
?We?re going to do everything America would have done if it had stayed committed,? Bloomberg told The New York Times.
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