Former New York Mayor Michael Bloomberg's philanthropy and other U.S. funders said on Thursday they will cover U.S. financial obligations to the UN climate framework after President Donald Trump called for the U.S. to withdraw - for a second time - from the Paris climate agreement, according to Reuters.

Bloomberg, a media billionaire who also serves as a UN special envoy on climate change, announced Bloomberg Philanthropies will once again cover the amount of money the U.S. owes each years to the United Nations Framework Convention on Climate Change and ensure the U.S. meets its emissions reporting obligations to the body despite the pullback from global climate diplomacy under Trump.

Trump said he would move to withdraw the U.S. from the Paris climate agreement and end all of the country's international climate financial commitments in one of his first executive orders on Monday. To fill the void, a number of U.S. states, cities and businesses committed to continue to achieve Paris climate goals.

The U.S. paid its 7.2 million euro ($7.4 million) required contribution to the UNFCCC secretariat that for 2024, and also paid off a 3.4 million euro arrears for 2010-2023.