Bloomberg plugs US funding gap for UN climate body

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The billionaire philanthropist has contributed $5.5 million to cover international climate negotiation costs and related initiatives in the private sector.

Some of Bloomberg’s payment will cover core administrative costs at the UN climate headquarters in Bonn, according to the statement. Other funds are earmarked to support climate initiatives by states, cities, businesses and community groups, which run in parallel to intergovernmental talks….

An excerpt from Climate Change News