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Showing posts with the label Paris Agreement

Bloomberg charity to cover UN funds revoked with Paris Agreement withdrawal

By   Zack Budryk , The Hill.  Excerpt: Businessman and former New York Mayor  Michael Bloomberg  said this week his philanthropic foundation will contribute the U.S.’s financial obligations under the Paris Climate Agreement to the United Nations Framework Convention on Climate Change (UNFCCC) after President Trump announced he would withdraw the U.S. from the agreement. In a statement Wednesday through Bloomberg Philanthropies, Bloomberg said the organization will both cover the U.S.’s funding gap and its reporting requirements for planet-warming emissions. The announcement does not specify a dollar amount the organization will contribute, but it committed about $15 million to the UNFCCC between 2017 and 2020 after Trump announced the withdrawal of the U.S. from the agreement in his first term. The U.S. ordinarily pays about a fifth of the UNFCCC budget, which amounted to about $7.5 million in 2024. “Bloomberg Philanthropies has made significant investments in empowe...

“Exceptional” Global Warming Spike Continued in 2024

By Kimberly M. S. Cartier , Eos/AGU.  Excerpt: More than 3 billion people experienced their hottest year ever in 2024 because of anthropogenic climate change. The world is speeding toward its 1.5°C warming target. ...“Even if we likely exceeded [1.5°C] this year, that doesn’t mean that we’ve exceeded it in the context of the Paris accord, which is over a longer time period,” Schmidt said. “But I will say that we anticipate future global warming as long as we are emitting greenhouse gases, and until we get to net zero, we will not get a leveling off of global mean temperature.”....  Full article at https://eos.org/articles/exceptional-global-warming-spike-continued-in-2024 . 

U.S. Quits Paris Climate Agreement: Questions and Answers

https://www.nytimes.com/2020/11/04/climate/paris-climate-agreement-trump.html Source:  By  Lisa Friedman . The New York Times.  Excerpt: WASHINGTON — Au revoir,  Paris Agreement . ...Ever since 2017, when President Trump announced his intention to abandon the pact, he’s spoken about withdrawal as if it was a done deal. In fact, however, pulling out of the Paris Agreement has been a lengthy process. On Nov. 4, 2019, the earliest possible day under United Nations rules that a country could begin the final withdrawal process, Secretary of State Mike Pompeo filed paperwork to do so. It automatically finalized a year later. So, as of Wednesday morning [Nov 4], the United States is officially no longer a part of the group of nations pledging to address climate change. ...Who’s still in, and what are they doing? Almost every country in the world. Of the 195 countries that signed the Paris Agreement,  189 went on to formally adopt  the accord. Initially Nicaragua...