Brazil, the host of this year's COP30 global climate summit, sees an opportunity to amplify the voices of developing nations in the climate financing discussions, the COP30 head said on Thursday, as world leaders grapple with the United States' withdrawal from the Paris Agreement.

Businessman and former New York mayor Michael Bloomberg said this week that his philanthropic foundation will contribute the U.S.’s financial obligations under the Paris Climate Agreement to the

Trump signed an executive order that begins the process of withdrawing from the Paris Climate Agreement, which he also did during his first term.

Trump’s day-one actions on energy come as climate change-fueled fires ravage Southern California, following the globe’s hottest year on record.

This marks the second time Bloomberg, the former mayor of New York, has stepped in to fill the gap left by U.S. federal disengagement.

President Donald Trump said Monday he will again withdraw the United States from the landmark Paris climate agreement, dealing a blow to worldwide efforts to combat global warming and once again distancing the U.S. from its closest allies.

United States President Donald J. Trump announced yesterday the US’ withdrawal from the 2015 Paris Agreement, the landmark international treaty aiming to limit the rise of global temperatures to 1.5 degrees Celsius.

President Trump again withdrew the U.S. from the Paris Climate Agreement, a worldwide pact that aims to fight global warming. CBS News national environmental correspondent David Schechter reports on the move and its impact.

The White House announces a "national energy emergency" to reverse US climate regulations and boost oil and gas.

The international community reacts to President Donald Trump’s reversing U.S. policy on climate change. CNN’s Bill Weir explains.

As world leaders grapple with the U.S. withdrawal from the Paris Agreement, Brazil, the host of this year’s COP30 global climate summit, sees an opportunity to amplify the voices of developing nations in what will be a fierce dispute over who will pay for the global transition to cleaner energy sources.