Bloomberg Steps In to Privately Fund UN Climate Programmes

Essay by Eric Worrall

Maybe they never needed government money after all.

Billionaire Michael Bloomberg to fund UN climate change body after US exits Paris Agreement

The core of the UNFCCC’s budget comes from its almost 200 member countries.

One of President Donald Trump’s first moves in office this week was to withdraw the US from the Paris Agreement, as he did the first time he was President. 

Just three days later, billionaire Michael Bloomberg stepped in to help the United Nations Framework Convention on Climate Change (UNFCCC) remain fully funded despite the US ending its international climate contributions. 

Bloomberg, the former New York City mayor, a UN special envoy on climate change and, according to the Forbes’ global billionaires list, the 16th richest person in the world, announced his funding pledge on 23 January.

“From 2017 to 2020, during a period of federal inaction, cities, states, businesses, and the public rose to the challenge to uphold our nation’s commitments – and now, we are ready to do it again,” Bloomberg in a statement.

Read more: https://www.euronews.com/green/2025/01/24/billionaire-michael-bloomberg-to-fund-un-climate-change-body-after-us-exits-paris-agreemen

Bloomberg paid a few UN invoices last time President Trump stopped climate payments, which led to Bloomberg sharing the honor of being appointed UN climate envoy with a Hollywood personality and a cartoon character.

I personally think Bloomberg’s generous willingness to replace government expenditures with his own cash, and his push to make funding of UN climate programmes a voluntary act of philanthropy for the wealthy is a settlement we can all support – a brilliant way to defuse political disagreements over appropriate use of public money.

Well done Michael Bloomberg.

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January 25, 2025 10:10 pm

Climate Scam is on life support with Trump now pushing US energy dominance and cheap LNG for Europe.
Bloomberg’s money is basically a few hundred million dollars at most to try and salvage many hundreds of billions of investments in renewable energy scams that he and fellow billionaires and hedge funds hope will be a ROI of Trillions.
But that Scam only works with expensive fossil fuels.

Fracking fuel rich shale for tight oil and gas completely upended the Green’s, the commies’, and billionaire gobalists Climate Scam play book and there’ is no putting the frack technology genie back in the bottle.

HB
Reply to  Joel O’Bryan
January 26, 2025 12:23 am

Hard to know if this idiot believes the climate claptrap or is in it for the scams I suspect the scams
Using his money either way not govt money that has to be a plus guess these billionaires money was made by being in the right place right product right time and believing in themselves and convincing their financiers to back them
Some times they loose there shirt

Jeff Alberts
Reply to  HB
January 26, 2025 6:49 am

Punctuation is a thing…

MarkW
Reply to  HB
January 26, 2025 12:03 pm

Look at the nonsense this idiot pushed while he was mayor of NYC, and it’s reasonable to assume that he’s a true believer.

Rich Davis
Reply to  MarkW
January 26, 2025 2:09 pm

He’s got a consistent schtick. I wouldn’t conclude from the fact that he is disciplined in his gaslighting that he is stupid enough to actually believe his own bullshit.

Robertvd
Reply to  Joel O’Bryan
January 26, 2025 3:09 am

Cheap LNG for Europe is a bad move. It will only give the corrupt Eu parliament and left governments more time in power and make the people believe that wind and solar works.

Reply to  Robertvd
January 26, 2025 4:55 am

You get what you vote for.

Reply to  Robertvd
January 26, 2025 11:23 am

Their alternatives for electricity production are gas/LNG from Russia or Qatar/UAE/Iran, until they decide to resume nuclear reactor construction. And nuclear would take 10+ years in a crash program at best.
Each of those options has more potential of geopolitical pitfalls than the US.
The current German lignite coal solution is medium term and can’t/won’t continue.

gezza1298
Reply to  Robertvd
January 26, 2025 4:22 pm

Not necessarily as the cost of electricity in the EU and UK will continue to rise and cost jobs and raise our cost of living – things people will notice.

Rick C
Reply to  Joel O’Bryan
January 26, 2025 6:36 pm

Biden tried to commit us to $11 Billion/year in climate funding globally. If Bloomberg’s going to take that on he won’t be in the list of richest billionaires for long. If he’s just going to kick in a few million here and there, no one will notice.

John Hultquist
January 25, 2025 10:11 pm

Meanwhile an 8-year-old Malaysia boy goes blind for lack of vitamin A. His diet was made up of ‘only processed foods’ such as ‘nuggets, sausage and cookies’.

January 25, 2025 10:23 pm

Just think, Bloomberg could have been President of the USA. Now, he can fund the UN as a vanity project. One should suspect a profit motive still.

HB
Reply to  whsmith@wustl.edu
January 26, 2025 12:24 am

God help us

Rich Davis
Reply to  HB
January 26, 2025 2:14 pm

HELPED

Jeff Alberts
Reply to  whsmith@wustl.edu
January 26, 2025 6:49 am

They would have had to severely shorten all the lecterns.

Bryan A
January 25, 2025 10:38 pm

Willing to foolishly put his money where is idiocy is

Ed Zuiderwijk
Reply to  Bryan A
January 26, 2025 2:42 am

A fool and his money are easily parted.

Bryan A
Reply to  Ed Zuiderwijk
January 26, 2025 7:37 am

Bloomberg made his initial Investment Firm Start-Up Capital selling Computer Terminals to other Wall Street Investment Bankers then turning those profits into Bloomberg LP. I wonder if Michael Bloomberg’s company just happened to also create the first Malicious Software designed to gather Investment Banking Information and report back to Bloomberg LP and insert it into all those computers?

Scissor
Reply to  Bryan A
January 26, 2025 4:41 am

Some can buy a luxury automobile. A few are able to buy a globalist organization.

rtj1211
January 25, 2025 11:12 pm

So long as Bloomberg has no legal authority over non-US citizens.

heme212
Reply to  rtj1211
January 26, 2025 2:38 am

and so long as the UN doesn’t? how would we feel if he were funding the Wuhan lab?

Jeff Alberts
Reply to  heme212
January 26, 2025 6:50 am

Then he could be held criminally responsible.

Bryan A
Reply to  heme212
January 26, 2025 7:38 am

How would we feel if we were funding the Human Lab??? Oh…Wait!!!

Rich Davis
Reply to  heme212
January 26, 2025 2:17 pm

If?

January 25, 2025 11:32 pm

I always said that it should be private money funding this nonsense. If they were right they’d have made a fortune. If they are wrong…

Robertvd
Reply to  Jimmy Haigh
January 26, 2025 3:16 am

It has always been private money corrupting politicians to spent taxpayer money. Nancy Pelosi didn’t become a millionaire because of her salary in government.

January 26, 2025 12:05 am

Big Mike is free to waste his money in any way he sees fit.

Reply to  Shoki
January 26, 2025 2:54 am

what does Barack’s husband have to do with this?
asking for a friend.

Scissor
Reply to  Joel O’Bryan
January 26, 2025 4:46 am

Jennifer Aniston doesn’t even look like a man. That’s why I reject the rumors.

January 26, 2025 12:17 am

A scam remains a scam, regardless of who funds it. But Bloomberg has the right to throw his
money out the window if he wants to, as long as it’s strictly his private fortune, and not money belonging to stockholders.

mohatdebos
January 26, 2025 1:51 am

He is following the Rockefeller Brothers who donated the land and funding for the UN Headquarters.

Westfieldmike
January 26, 2025 2:08 am

So desperation to continue the UN agenda of control and tyranny then.

Ex-KaliforniaKook
Reply to  Westfieldmike
January 26, 2025 10:27 am

People like Bloomberg know the little people aren’t smart enough to make decisions for themselves. So, people with money (that’s how we know they’re smart enough) should make decisions for the little people.

And they hire a bunch of bureaucrats to create regulations (with the power of law if the SCOTUS doesn’t do their job) so the little people don’t have to think and the rich people don’t have to exert themselves.

Of course, we know the bureaucrats are still little people who aren’t smart enough to make good regulations or they would have been smart enough to be rich enough to hire bureaucrats themselves….

heme212
January 26, 2025 2:31 am

i watched him turn a graduation ceremony into a half hour long anti-trump rally. petty and vindictive little man. he just wants to save diesel for his yacht.

Ed Zuiderwijk
January 26, 2025 2:41 am

There’s a sucker born every day.

January 26, 2025 4:09 am

If he doesn’t, then all his investments in Green New Tax Farming Deals dissipate like the morning mist.

January 26, 2025 5:03 am

I like Neil Oliver’s ( on X as @thecoastguy ) word describing billionaire donors pushing an agenda through philanthropy – he calls them “philanthropaths.”

gezza1298
Reply to  David Dibbell
January 26, 2025 4:25 pm

Funny how in days gone by they funded schools, hospitals, public buildings etc.

January 26, 2025 7:45 am

Hopefully, it sets a trend. Let the proponents fund the dream. If it pays off, mo betta for them, and for us. I think there is a word or two for that, hmmm, maybe “market capitalism”? “Free enterprise”? Only, funding a huge corrupt bureaucracy doesn’t quite fit the description, does it? The words to describe that are “elite coercion”. “Desperate damage control”?

January 26, 2025 8:11 am

‘I personally think Bloomberg’s generous willingness to replace government expenditures with his own cash, and his push to make funding of UN climate programmes a voluntary act of philanthropy for the wealthy is a settlement we can all support – a brilliant way to defuse political disagreements over appropriate use of public money.’

There’s no altruism here. Plan_A was, and still is, the idea that relatively small ‘investments’ in the Left will result in government programs that afford the ‘investor’ with hugely profitable trading opportunities in a destabilized economy. Plan_B just means that these vultures may now have to pony up a little more money, at least temporarily, to compensate for an as yet to be seen reduction in the Left’s influence over some governments.

Rich Davis
Reply to  Frank from NoVA
January 26, 2025 2:23 pm

Correct answer!

ResourceGuy
January 26, 2025 8:36 am

Check his thermostat settings.

Bob
January 26, 2025 12:00 pm

Very nice Eric. More good news. Bloomberg is dumber than I thought but if he is willing to step in and relieve me from paying for it that’s okay. Better him piss away his money than the government piss away mine.

willhaas
January 26, 2025 1:54 pm

It is just a big waste of his money. There is no real evidence that CO2 has any efect on our climate system. The AGW hypothesis has been falsified by science. For the truth about climate change try reading “The Rational Climate e-Book” by Patrice Poyet which one can download for free.

Crisp
January 26, 2025 5:04 pm

A good move by Trump would be for him to disallow any contributions to such causes to be claimed as tax deductions. All he has to do is delist them as charities. Then we’ll see what Bloomberg’s real game is.

dk_
January 26, 2025 5:16 pm

I personally think Bloomberg’s generous willingness to replace government expenditures with his own cash

Gotta spend a little to get a little. For a comparatively small bribe, as one of the biggest investors in the green energy scam, Bloomberg can continue to reap the benefits of overpriced electricity, tax deferments, and subsidies for years to come.

Quilter52
January 26, 2025 11:26 pm

Good on you Michael Bloomberg – and given the amount of money wasted by anything to do with the UN, you will run out of money fairly rapidly. I just hope it is not tax deductible in the US. Maybe Trump needs to make a Presidential declaration on that. I would hate for this to be a roundabout way of getting US money into the UN still.

cheesypeas
January 27, 2025 9:16 am

Shows that most of this Climate Emergency thing is actually the Super-Rich virtue-signalling.

January 28, 2025 7:53 am

Michael, a hint for you: gonna take a lot more money than you got to stop all those “boiling oceans”.

And remember, you gotta do that before 2050 . . . or is it before 2035?

Lastly, as noted in the last photo of the above article, you are in quite appropriate company as being one of the UN’s climate envoys . . . I hope your consultations and planning with “Red” go well . . . DiCaprio doesn’t deserve mention.