After his inauguration on Monday, Trump began the process of withdrawing the US from the Paris deal, which seeks to limit the rise in global temperatures. He also halted some financial aid to help developing countries adapt to a warmer planet and transition to green energy. The impact of US disengagement from global climate diplomacy is still uncertain, though diplomats and activists have been preparing for the outcome since Trump won the election last year.
“American people remain determined to continue the fight against the devastating effects of climate change,” Bloomberg said in a statement on Thursday. “Now, philanthropy’s role in driving local, state, and private sector action is more crucial than ever.”
