Michael Bloomberg, former New York mayor, will finance U.S. commitments under the Paris Agreement as President Donald Trump moves to exit the climate pact. Bloomberg, founder of Bloomberg LP, previously contributed over $15 million to support U.S. climate obligations when Trump withdrew in 2017. This funding will assist the United Nations Framework Convention on Climate Change and help the U.S. report its carbon emissions. Bloomberg’s continued financial support underscores his commitment to addressing climate change, even amid federal withdrawal from international agreements.