NEW YORK, Jan. 23 (Xinhua) -- Former New York mayor and media mogul Michael Bloomberg announced Thursday that his philanthropy will offer funding to help cover the U.S. contribution to the UN climate agency after President Donald Trump declared withdrawal from the Paris climate accord again.

"Bloomberg Philanthropies and other U.S. climate funders will ensure the United States meets its global climate obligations following the federal government's intent to withdraw from the Paris Agreement for the second time," the foundation said in a statement.

This includes covering the funding gap left by the United States to the United Nations Framework Convention on Climate Change (UNFCCC) and upholding the country's reporting commitments, according to the foundation.

"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, who also serves as a UN special envoy on climate ambition and solutions, said in the statement.

He also promised to continue his support for America Is All In, a coalition of U.S. cities, states, and businesses, as well as other subnational climate leaders working to meet the U.S. commitment to reduce emissions 61 percent to 66 percent below 2005 levels by 2035.

The UNFCCC, the parent treaty of the 2015 Paris Agreement and the 1997 Kyoto Protocol, is the UN entity tasked with supporting the global response to the threat of climate change. It focuses on facilitating the intergovernmental climate change negotiations among nearly 200 countries and supporting to advance the implementation of the convention.

In 2017, Bloomberg pledged up to 15 million U.S. dollars to support the UNFCCC following then Trump administration's first withdrawal from the Paris accord, media reported.

Hours after his inauguration on Monday, Trump signed an executive order to pull the United States out of the Paris climate accord for the second time.

The first Trump administration officially let the United States exit the Paris Agreement in November 2020, dealing a major blow to international efforts to combat the climate crisis. Joe Biden, who succeeded Trump in January 2021, signed an executive order after taking office to bring his country back into the accord. ■