--- title: Bloomberg Pledges $4.5 Million to Uphold Paris Agreement description: Michael Bloomberg has pledged $4.5 million to support the Paris climate agreement, as President Trump retreats from the landmark accord canonical: https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/ author: Eli Meixler article:opinion: false article:content_tier: free article:published_time: 2018-04-23T09:48:20.000Z article:modified_time: 2026-08-04T07:53:29.188Z article:section: Science og:title: Bloomberg Pledges $4.5 Million to Uphold Paris Agreement og:description: The Trump administration wants to withdraw from the pact og:url: https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt0316e0433c20b978/69892e5c97cdffa0566b5051/gettyimages-948753736.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 og:image:width: 1200 og:image:height: 675 og:image:alt: Spring Meetings Of The International Monetary Fund And World Bank og:type: article twitter:card: summary_large_image twitter:title: Bloomberg Pledges $4.5 Million to Uphold Paris Agreement twitter:description: The Trump administration wants to withdraw from the pact twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/blt0316e0433c20b978/69892e5c97cdffa0566b5051/gettyimages-948753736.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  # Michael Bloomberg Pledged $4.5 Million to Uphold U.S. Commitment to the Paris Agreement ## Video: Bloomberg: Trump will be ‘great’ if he accepts climate deal [Watch (HLS stream): Bloomberg: Trump will be ‘great’ if he accepts climate deal](https://cdn.jwplayer.com/manifests/bcOQnJFB.m3u8) (0:41)  _Published 2018-03-06. Bloomberg: Trump will be ‘great’ if he accepts climate deal_ by [Eli Meixler](https://time.com/author/eli/) ## Eli Meixler Apr 23, 2018 9:48 AM UTC  Michael Bloomberg in Washington, D.C. on April 19, 2018. Michael Bloomberg in Washington, D.C. on April 19, 2018.Andrew Harrer—Bloomberg/Getty Images by [Eli Meixler](https://time.com/author/eli/) ## Eli Meixler Apr 23, 2018 9:48 AM UTC Michael Bloomberg has pledged $4.5 million to support the Paris climate agreement, as the administration of President Donald Trump retreats from the landmark accord. The billionaire philanthropist and former New York City mayor announced on CBS’ _Face the Nation_ Sunday that his personal donation would contribute to meeting America’s commitment to the pact. “America made a commitment and as an American if the government’s not going to do it we all have responsibility,” Bloomberg said. Bloomberg, who has been a [vocal critic](http://time.com/4806118/michael-bloomberg-states-climate-change/) of President Trump’s climate policy, said that the U.S. was currently acting as “part of the problem” under the Trump administration. “America is a big part of the solution and we should go in and help the world stop a potential disaster,” he added. Last year, the Trump administration announced its intention to [withdraw](http://time.com/4888705/donald-trump-notifies-united-nations-paris-exit/) from the pact, but hinted that the U.S. could honor its pledge if the agreement was [renegotiated](http://time.com/5171805/paris-agreement-united-states-david-banks/) to better benefit American workers. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/"},"headline":"Michael Bloomberg Pledged $4.5 Million to Uphold U.S. Commitment to the Paris Agreement","datePublished":"2018-04-23T09:48:20.000Z","dateModified":"2026-08-04T07:53:29.188Z","description":"Last year, the Trump administration announced its intention to withdraw from the pact","url":"https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/","keywords":["climate","onetime","overnight"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt0316e0433c20b978/69892e5c97cdffa0566b5051/gettyimages-948753736.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Eli Meixler","jobTitle":null,"url":"https://time.com/author/eli/"}],"articleSection":"Science","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt0316e0433c20b978/69892e5c97cdffa0566b5051/gettyimages-948753736.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Spring Meetings Of The International Monetary Fund And World Bank","caption":"Spring Meetings Of The International Monetary Fund And World Bank","creditText":"Andrew Harrer—Bloomberg/Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/science/","name":"Science"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/climate/","name":"climate"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/","name":"Michael Bloomberg Pledged $4.5 Million to Uphold U.S. Commitment to the Paris Agreement"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"Bloomberg: Trump will be ‘great’ if he accepts climate deal","description":"Bloomberg: Trump will be ‘great’ if he accepts climate deal","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/bcOQnJFB/poster.jpg?width=720","uploadDate":"2018-03-06T01:36:30.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/bcOQnJFB.m3u8","embedUrl":"https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/","duration":"PT41S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/5249963/michael-bloomberg-4-5-million-paris-climate-accord/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```