American billionaire Michael Bloomberg has announced his philanthropy and other climate funders will step in to cover US financial obligations to the United Nations climate body after President Donald Trump ordered a halt to contributions.
As the world’s largest economy, the US should pay the largest dues for the functioning of the secretariat of the UN Framework Convention on Climate Change (UNFCCC) based on UN criteria. The US annual contributions typically cover 22% of the body’s core budget which is made up of contributions from its member states.
But the body risked a funding shortfall after President Donald Trump signed an executive order on his first day in office saying US officials should “immediately cease or revoke” any financial commitment made under the UNFCCC. He also started the process of withdrawing the US from the Paris climate agreement.
A few days later, Bloomberg said his namesake philanthropy and other unnamed funders would fill the gap left by the federal government and meet US obligations to the UNFCCC.
Cash injection
“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,” said Bloomberg, who is also the UN Secretary-General’s special envoy on climate ambition and solutions.
Bloomberg Philanthropies had already stepped in with a cash injection to the UN climate body during Trump’s first term in the White House and kept contributing through the Biden presidency. It was also the biggest non-state funder of UNFCCC activities in 2024 with a $4.5 million payment.
The US had accumulated arrears during Trump’s first presidency that the Biden administration cleared with a $3.3 million one-off payment last year. US contributions to the UNFCCC totalled $13.3 million in 2024.
Japan and Germany were the other top financial supporters last year – with $14.8 million and $10.5 million respectively – with their voluntary contributions far exceeding required commitments. The UNFCCC is headquartered in the German city of Bonn.
Simon Stiell, UNFCCC executive secretary, welcomed Bloomberg’s support. “While government funding remains essential to our mission, contributions like this are vital in enabling the UN Climate Change secretariat to support countries in fulfilling their commitments under the Paris Agreement,” he said in a statement.
The UNFCCC’s mandate has expanded in recent years from helping with the running of the annual COP climate summits to organising an ever-growing number of negotiating sessions throughout the year and supporting the review of reports submitted by countries, among other things. Its budget has consequently ballooned to $165 million for the 2024-2025 period.
Trump orders US to quit Paris Agreement and pause all foreign climate finance
Stiell warned last year that the body would face “severe financial challenges”, putting its work at risk, unless countries plugged the funding gap. The shortfall forced the UNFCCC to cut back on certain activities last year, including cancelling regional climate weeks which usually take place in the Global South.
While funding for the UNFCCC’s work should continue, there has so far been no indication that anyone will step in to cover the much larger amounts the US government is supposed to contribute towards climate projects in developing countries. The US provided around $11 billion in international climate finance in 2024.
In December 2023, the Biden Administration promised to work with Congress to give $3 billion to the UN’s Green Climate Fund. This was never delivered and is now unlikely to be during the Trump presidency.
(Reporting by Matteo Civillini, editing by Joe Lo)
The post After Trump’s pullback, Bloomberg promises to fill US funding gap to UN climate body appeared first on Climate Home News.
After Trump’s pullback, Bloomberg promises to fill US funding gap to UN climate body
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Pacific civil society cautions ISA of ‘bluewashing’ deep-sea mining

SUVA, FIJI, Tuesday 19 May 2026 – Pacific civil society groups are calling for transparency and inclusion in regional deep-sea mining talks, as environmental stewardship concerns and poor economic prospects accompany the corporate push.
This cautionary call comes on the first day of the International Seabed Authority (ISA)’s Pacific Small Island Developing States regional workshop, the so-called ‘Deep Seabed Sustainable Blue Growth Initiative’ in Suva, Fiji.
The Pacific Regional Non-Government Organisations (PRNGO) Alliance, including Pacific Conference of Churches (PCC), Fiji Council of Social Services (FCOSS), Pacific Network on Globalisation (PANG), Greenpeace Australia Pacific (GPAP), and over 20 Pacific civil society organisations, questioned the agenda of the “blue growth” forum, arguing that the workshop emphasises sponsoring States, but only includes observer engagement with other Pacific Small Island Developing States (PSIDS).
The collective stressed the importance of ensuring that the workshop does not unintentionally privilege or amplify only the perspectives of sponsoring States in a manner that could be perceived as legitimising or advancing deep-sea mining pathways in the Pacific.
Mr Joey Tau, Chair of the PRNGO Alliance, said: “We are extremely concerned that the current agenda is inappropriate to the Pacific context; as it stands, it clearly centres states that have an interest in deep-sea mining, with relations and benefits to the mining industry. Such regional workshops must ensure equal visibility and space for non-sponsoring States, particularly those advocating for precautionary approaches and environmental safeguards.
“We also challenge the ISA in its mandate to encourage policy discussions on effective protection of the marine environment and not just on the economics, exploration and exploitation.”
Ms Vani Catanasiga, Executive Director of the FCOSS, said: “The ISA came in to conduct a workshop, but they excluded civil society organisations. Why has that been allowed? The ISA is excluding a body of knowledge that is needed for concrete conversations that also takes into consideration the well-being of the Pacific people. This was not well thought through – this forum should have at least emphasised the importance of a civil society perspective. As we are aware, deep-sea mining will have transboundary harm; this is why it is important to have civil society in the room during these conversations.”
Reverend James Bhagwan, General-Secretary of PCC, said: “For Pacific peoples, there is nothing sustainable about deep-sea mining when it violates our cultural and spiritual connection to the ocean. The ocean is not an empty space. It is not simply a resource. It is our common home, our provider, our ancestor, our climate regulator, and part of God’s creation. In the Pacific, we have long said: the ocean is us, and we are the ocean. To mine the ocean is to wound the life-system that holds our peoples, our islands and future generations together.”
Ms Laisa Nainoka, Oceans Campaigner at PANG, said: “There is no such thing as sustainable deep-sea mining. Harm does not become harmless just because we rebrand it. It is fundamentally destructive, with far-reaching impacts on the ocean, marine life, and the communities that depend on them for survival. These impacts are not confined to the high seas or the exclusive economic zones of sponsoring states, it is felt across the entire ocean.”
Mr Rae Bainteiti, Political Coordinator at Greenpeace Australia Pacific, said: “Calling the destruction of our ocean floor ‘sustainable blue growth’ is deceptive, biased, and wrong – it is bluewashing the biggest modern threat to the Pacific. Deep-sea mining is a risky investment that will cost the Pacific the most and benefit us the least. The average Pacific Island State would only receive mere thousands of dollars through the ISA benefit-sharing regime as it stands, while international mining companies rake in billions. There is no Pacific ‘blue growth’ in a mined ocean. True blue growth should mean investing in healthy oceans, sustainable livelihoods, climate resilience, and protecting marine ecosystems, not opening the door to another extractive industry.”
Pacific civil society organisations have consistently emphasised that, rather than framing deep-sea mining as an opportunity for “blue growth,” the ISA should prioritise its environmental protection obligations.
At the forum this week, PRNGO is calling for the ISA to:
- Actively include civil society and community perspectives in workshops;
- Prevent pro-mining bias in deep-sea mining governance by shifting focus away from heavily invested Sponsoring States toward meaningful engagement with PSIDS;
- Give equal weight to dialogue about protecting nature, including the role of independent science, the application of the precautionary approach, and the consideration of cumulative mining impacts.
To date, 40 countries have called for a moratorium or precautionary pause on deep-sea mining, including seven Pacific nations.
– ENDS –
Pacific civil society cautions ISA of ‘bluewashing’ deep-sea mining
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