Jeff Bezos establishes $10 billion ‘Earth Fund’ to combat climate change

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  • Today Amazon CEO Jeff Bezos announced he will commit $10 billion of his personal wealth to combat climate change.
  • The Bezos Earth Fund will support “any effort that offers a real possibility to help preserve and protect the natural world”, according to his post at Instagram.
  • Bezos is worth an estimated $130 billion, making him the world’s richest person.
  • Bezos says the fund will start to issue grants this summer.

Today Amazon CEO Jeff Bezos announced he will commit $10 billion of his personal wealth to combat climate change.

Bezos, who also owns The Washington Post and aerospace company Blue Origin, made the announcement via an Instagram post.

The Bezos Earth Fund will support “any effort that offers a real possibility to help preserve and protect the natural world,” according to his post.

“Climate change is the biggest threat to our planet,” wrote Bezos. “I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share.”

“We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals.”

A river in the Amazon rainforest. Photo by Rhett A. Butler / Mongabay.
A river in the Amazon rainforest. Photo by Rhett A. Butler / Mongabay.

Bezos is worth an estimated $130 billion, making him the world’s richest person. $10 billion represents about 7% of his current fortune.

Bezos says the fund will start to issue grants this summer.

Header image: Rainforest in Borneo.



This story first appeared on Mongabay

South Africa Today – Environment


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