ShareThis Page
Business Headlines

Bloomberg gives $4.5M to UN climate body, softening U.S. cuts

| Monday, April 23, 2018, 9:06 a.m.
Former New York City Mayor and UN Special Envoy for Climate Action Michael Bloomberg accompanied by International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at World Bank/IMF Spring Meetings, in Washington, Thursday, April 19, 2018.
Jose Luis Magana/AP
Former New York City Mayor and UN Special Envoy for Climate Action Michael Bloomberg accompanied by International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at World Bank/IMF Spring Meetings, in Washington, Thursday, April 19, 2018.

BERLIN — Former New York City Mayor Michael Bloomberg is donating $4.5 million to the United Nations body that oversees climate change negotiations.

Bloomberg, who has long championed the fight against global warming, will make up the shortfall in the agency's budget caused by U.S. funding cuts.

Congress cut funding for the Bonn, Germany-based UNFCCC from $7.5 million in previous years to $3 million this year.

Bloomberg's charitable foundation linked the donation to the billionaire philanthropist's effort, with California Gov. Jerry Brown, to show that the United States remains committed to the Paris climate accord despite President Donald Trump's plan to withdraw from the agreement.

In a statement late Sunday, Bloomberg Philanthropies said further donations would be made if the U.S. fails to pay its share of the budget in 2019.

TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.

click me