Former New York Mayor Michael Bloomberg's philanthropy arm said on Thursday it will provide funding to help cover the U.S. contribution to the U.N. climate body's budget, filling a gap left by President Donald Trump.

The United States will be one of only four countries outside the Paris Agreement, which is designed to reduce global greenhouse gas emissions.

Businessman and former New York mayor Michael Bloomberg said this week that his philanthropic foundation will contribute the U.S.’s financial obligations under the Paris Climate Agreement to the

Trump signed an executive order that begins the process of withdrawing from the Paris Climate Agreement, which he also did during his first term.

Paris climate agreement is not the boogeyman that critics such as President Trump claim, but it hasn't kept the world from overheating, either. Here's a closer look.

Executive orders are regularly used by incoming presidents to kick off their administrations. The orders - the most formal type of “executive actions,” which derive their power from Article II of the Constitution - are official statements from the president about how US federal agencies are to use their resources,

His action has led to some calling the 'planned' US withdrawal 'unfortunate' and others reminding him of climate-driven disasters like the most-recent Los Angeles wildfires.

Energy nominees advance, Trump to press OPEC, and Trump talks FEMA WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! Congress is inching closer to confirming the rest of President Do

Brazil, the host of this year's COP30 global climate summit, sees an opportunity to amplify the voices of developing nations in the climate financing discussions, the COP30 head said on Thursday, as world leaders grapple with the United States' withdrawal from the Paris Agreement.

This is the second time Bloomberg has stepped in to help uphold funding and reporting commitments under the Paris agreement

On his first day back in office as United States president, Donald Trump gave formal notice of his nation's exit from the Paris Agreement—a vital global treaty seeking to rein in climate change.