Billionaire Michael Bloomberg is launching a coalition to defy Trump and uphold the Paris Agreement

On June 1, President Donald Trump announced the US will exit the Paris climate agreement.

But 30 cities, three states, more than 80 university presidents, and over 100 companies say they will uphold the accord.

They are part of a growing group, called the United States Climate Alliance, organized by former New York City mayor and billionaire philanthropist Michael Bloomberg.

The coalition plans to submit a plan to the United Nations that commits to greenhouse gas emission limits set by Paris, according to The New York Times. It is negotiating with the UN to form its own National Determined Contribution (NDC) — a set of emissions standards for each participating nation under the Paris Agreement — that's accepted alongside the other 195 countries in the accord.

Founded in 2015, the Paris Agreement aims to curb climate change before the global average temperature levels reach a point that scientists say would have catastrophic and irreversible effects on the planet.

Bloomberg currently serves as the UN Secretary-General's Special Envoy for Cities and Climate Change. On June 2, Bloomberg Philanthropies, his charitable organization, also pledged to donate approximately $15 million over the next two years to the UN Framework Convention on Climate Change. Under Trump's budget, the UN stands to lose $2 billion in funding toward climate change action programs by leaving the Paris Agreement.

Besides the US, only two other countries — Nicaragua and Syria — are not a part of the Paris accord. After Trump announced the country's exit, he called the agreement "a massive redistribution of United States wealth to other countries."

The new coalition says it will do whatever it takes to maintain the US' role in the accord.

"Americans will honor and fulfill the Paris Agreement by leading from the bottom up — and there isn't anything Washington can do to stop us," Bloomberg said in a press release.

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Climate change in Norway
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Climate change in Norway

Svalbard islands in Norway.

(Photo by: Hermes Images/AGF/UIG via Getty Images)

A view of the Blomstrand Glacier, on June 16, 2016, in Ny-Alesund, Norway. US Secretary of State John Kerry and Norwegian Foreign Minister Borge Brende toured the glacier, and made remarks about climate change. Kerry is visiting Norway's extreme north to view areas impacted by climate change with melting ice and the opening of new sea lanes.

(EVAN VUCCI/AFP/Getty Images)

Sunlight shines just after midnight on a fjord near the Norwegian Arctic town of Longyearbyen, April 26, 2007. The sea water is normally frozen solid at this time of year but global warming may be warming the region.

(REUTERS/Francois Lenoir)

Wild reindeer forage for food on the island of Spitsbergen on the Svalbard archipelago in the Arctic circle as the Norwegian islands enter summer 'midnight sun' season.

(Ben Birchall/PA Archive)

US Secretary of State John Kerry (L) and Norwegian Foreign Minister Borge Brende (C) make a tour of the Blomstrand Glacier on June 16, 2016, in Ny-Alesund, Norway. Kerry is visiting Norway's extreme north to view areas impacted by climate change with melting ice and the opening of new sea lanes.

(LARSEN, HOEKON MOSVOLD/AFP/Getty Images)

A reindeer walks on snow on June 4, 2010 in Ny-Alesund in the Svalbard archipelago.

(MARTIN BUREAU/AFP/Getty Images)

Dutch scientist Appy Sluijs enters a cave at the bottom of the Longyearbyen glacier April 25, 2007 which has been shrinking fast in recent years. Many experts link the thaw to global warming.

(REUTERS/Francois Lenoir)

Svalbard islands in Norway.

(Photo by: Hermes Images/AGF/UIG via Getty Images)

Screen grab from video I shot shows UN Secretary General Ban Ki-Moon pointing towards glaciers in the distance as Kim Holmen, research director at the Norwegian Polar Institute, shows the UN chief around the atmospheric measuring station in Ny-Aalesund, a climate change research station on the Norwegian island of Svalbard 0n September1, 2009. Ban is on a two-day trip to the Arctic Circle to see first-hand the effects of climate change ahead of key international climate talks in Copenhagen in December.

(JACQUELINE PIETSCH/AFP/Getty Images)

A reindeer is pictured on June 4, 2010 in Ny-Alesund in the Svalbard archipelago.

(MARTIN BUREAU/AFP/Getty Images)

The sun shines low in the sky just after midnight over a frozen coastline near the Norwegian Arctic town of Longyearbyen, April 26, 2007. The sea water is normally frozen solid at this time of year but global warming may be warming the region.

(REUTERS/Francois Lenoir)

Svalbard islands in Norway.

(Photo by: Hermes Images/AGF/UIG via Getty Images)

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SEE ALSO: MERKEL: Trump's Paris climate deal decision is 'highly regrettable, to put it very mildly'

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