Amazon CEO Jeff Bezos said on Monday he’s committing $10 billion to fight climate change.
In a post on Instagram, the world’s richest man said he was starting the Bezos Earth Fund — which will offer grants to scientists, activists, NGOs and “any effort that offers a real possibility to help preserve and protect the natural world” — to combat the growing problem of global warming and its consequences to life on the planet.
“We can save Earth,” Bezos said in his post.
He added: “Climate change is the biggest threat to our planet. 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.”
https://www.instagram.com/p/B8rWKFnnQ5c/?utm_source=ig_web_copy_link
The $10 billion commitment represents nearly 8% of his $130 billion net worth.
This is the second move by Bezos in the last year aimed at climate change. In September, he and Amazon pledged to be carbon neutral by 2040.
You can read his full Instagram post below:
“Today, I’m thrilled to announce I am launching the Bezos Earth Fund.
Climate change is the biggest threat to our planet. 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. This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world. We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals.
I’m committing $10 billion to start and will begin issuing grants this summer. Earth is the one thing we all have in common — let’s protect it, together.
- Jeff.”