Billionaire former New York mayor Michael Bloomberg says he will write a $US4.5 million ($5.9 million) cheque to cover the United States’ financial commitment to the Paris Climate Agreement for this year.

Mr Bloomberg’s contribution provides the UN Climate Change Secretariat with 60 per cent of the anticipated US Government support this year.

Mr Trump staunchly opposes the agreement and his administration has rolled back a number of environmental regulations.

Although Mr Trump officially told the UN that the US intended to withdraw from the climate agreement last year, the earliest date the US can completely withdraw is November 2020, the time of the next US presidential election and four years after the agreement came into effect.

The Paris agreement came into force on November 4, 2016 and aims to prevent the Earth from heating up by 2 degrees Celsius since the start of the industrial age.

Under the agreement, countries set their own national plans for cutting climate emissions.


Source:: ABC News Australia

Print Friendly, PDF & Email