He said California, New York and Washington are the initial members, with those states representing more than one-fifth of U.S. Gross Domestic Product.
Under the agreement, the United States undertook to cut emissions by 26-28% by 2025 over 2005 levels.
In a press conference Friday, Bloomberg promised to coordinate contributions from the U.S.to the climate fund after President Trump announced that he would withdraw from the accord. The U.S.is now one of only three nations to reject the agreement.More news: Pak fires mortars, automatics on LoC, Army retaliates
In addition to this wave of protest, former United States President Barack Obama applauded the efforts of the administration to outthrow the decision made by the President.
France, Germany, Italy issued a joint statement saying that Paris climate accord can not be renegotiated, but Prime Minister Theresa May declined to join the signatories, leaving a spokesperson to issue a statement instead.
Pruitt stood next to Trump on Thursday and applauded the announcement to pull out of the pact. We will buy and create more demand for electric cars and trucks.
Mrs May continued that the Paris Agreement provides "the right global framework for protecting the prosperity and security of future generations, while keeping energy affordable and secure for our citizens and businesses", a Downing Street spokesperson said.
The US is the world's second-largest emitter of carbon, behind only China.More news: Conservatives continue to lead Labour in latest opinion polls
He said he would notify the U.N. Secretary General and the climate change secretariat that US cities, states, businesses and others will aim to meet the United States' commitment to reducing emissions 26 percent below the 2005 levels by 2025.
The controversial Kiwi broadcaster has once again courted, well, controversy, by defending Donald Trump's actions in pulling out of the Paris climate change deal. "American leadership was so important to this". But the U.S. decision does not yet spell doom for the climate itself.
Trump said the deal was "very unfair" to the United States and would impact the job market.
In November 2014, the two leaders met in Beijing to announce they were committed to mitigating climate change and reaching a successful conclusion in Paris.More news: Climate Change Doesn't Give A Damn About Trump Or Brexit
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