Former New York Mayor Michael Bloomberg's philanthropy arm said on Thursday it will provide funding to help cover the U.S. contribution to the U.N. climate body's budget, filling a gap left by President Donald Trump.

President Donald Trump announced Monday the U.S. would begin the process of withdrawing from the Paris Agreement again.

( JTA) — Jewish billionaire and former New York Mayor Michael Bloomberg pledged on Thursday to help cover U.S. financial commitments to the United Nations climate body after President Donald Trump said he would eliminate the funding and withdraw from the global Paris climate agreement.