Jeff Bezos slides $10 billion across the table to fight Climate Change

Amazon founder and CEO, Jeff Bezos has announced via his personal Instagram account the is launching a new fund to battle climate change - the Bezos Earth Fund.

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Bezos took to his Instagram to announce what is called the Bezos Earth Fund, and this fund will be dedicated to fighting the effects of climate change. Bezos says that he wants to work alongside others that are fighting climate change, and to kick things off for the Bezos Earth Fund, he will be donating $10 billion that will go towards grants that will be issued out this summer.

Bezos says that the Bezos Earth Fund will fund scientists "scientists, activists, NGOs - any effort that offers a real possibility to help preserve and protect the natural world". He also says that to save the Earth it will require collective action from "big companies, small companies, nation states, global organizations, and individuals." It should also be noted that the Bezos Earth Fund is separate from Amazon's own initiatives and that the $10 billion came from Bezos' personal account.

Last updated: Jun 16, 2020 at 04:29 pm CDT