Getting climate, energy & environment news right.

With Trump 2.0, These Climate Donors Are Thinking Differently

Three days after President Trump formally ordered a U.S. departure from the Paris Agreement, Bloomberg Philanthropies announced that it would step in alongside other unnamed donors to cover the country’s funding and disclosure obligations to the United Nations Framework Convention on Climate Change, whose job it is to implement the climate deal made in the French capital in 2015. 

The announcement echoed a similar commitment made by billionaire Michael Bloomberg—who set up the eponymous charitable organization about two decades ago—after Trump dropped out of the same agreement back in 2017. 

In the days since the inauguration, there has been an uptick of interest in 1% for the Planet, a corporate commitment to donate a percentage of sales dollars directly to environmental charities, said Kate Williams, chief executive of the organization. 

Read more in the Wall Street Journal here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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