Amazon CEO Jeff Bezos Commits $10 Billion to Fight Climate Change

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."

Also Read: Amazon Hits 150 Million Prime Memberships, Stock Soars 13% After Huge Q4 Earnings

View this post on Instagram

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

A post shared by Jeff Bezos (@jeffbezos) on Feb 17, 2020 at 10:00am PST

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.

Also Read: Netflix and YouTube Easily Top Hulu and Amazon Prime Video When It Comes to TV Streaming, Nielsen Says

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."

All the Stars Arrested at Jane Fonda's 'Fire Drill Fridays' Climate Change Protests (Photos)

Actress Jane Fonda has been leading "Fire Drill Friday" climate change protests in Washington, D.C. every Friday since October. In addition to being arrested many times herself, a number of Fonda's famous friends and colleagues have shown up to protest alongside her -- and many got booked as well. Check out a few of the famous faces here, along with some speakers and activists.
Photo credit: Getty Images
Sam Waterston, who plays Sol on "Grace & Frankie," lent his support at the first rally on Oct. 18.
Photo credit: Getty Images
The actress turned activist was arrested for a second time on Oct. 25.
Photo credit: Fire Drill Fridays/Facebook
Fonda's longtime friend Ted Danson was also arrested Oct. 25.
Photo credit: Fire Drill Fridays/Facebook
Rosanna Arquette was arrested on Nov. 1 after staging a sit-in alongside Fonda at the Hart Senate Office Building.
Photo credit: Fire Drill Fridays/Facebook
Catherine Keener was also arrested on Nov. 1 at the Hart Building.
Photo credit: Fire Drill Fridays/Facebook
Fonda spoke from the Capitol steps during her fourth rally on Nov. 8.
Photo credit: Fire Drill Fridays/Facebook
Ben & Jerry's co-founders Ben Cohen and Jerry Greenfield joined Jane Fonda on Nov. 8.
Alex Wong/Getty Images
Fonda's "Grace & Frankie" daughters -- Brooklyn Decker and June Diane Raphael -- joined the Nov. 15 Fire Drill Friday.
Photo credit: Fire Drill Fridays/Facebook
Raphael plays Fonda's elder daughter, Brianna, on the Netflix comedy.
Photo credit: Fire Drill Fridays/Facebook
Decker plays Fonda's younger daughter, Mallory.
Photo credit: Fire Drill Fridays/Facebook
Raphael waved to supporters after she was arrested at the Russell Senate Office Building.
Photo credit: Fire Drill Fridays/Facebook
Robert Kennedy Jr. was also arrested on Nov. 15.
Photo credit: Fire Drill Fridays/Facebook
As was "CSI" actress Marg Helgenbeger.
Photo credit: Fire Drill Fridays/Facebook
On Nov. 22, model/actress Amber Valetta was arrested.
Photo credit: Fire Drill Fridays/Facebook
As was "Covert Affairs" star Piper Perabo.
Photo credit: Fire Drill Fridays/Facebook
Diane Lane gave a defiant look as she was cuffed on Nov. 22.
Photo credit: Fire Drill Fridays/Facebook
"Young Sheldon" star Iain Armitage joined the cause on Black Friday, Nov. 29 -- though he wasn't arrested.
Photo credit: Fire Drill Fridays/FaceboPhoto credit: Fire Drill Fridays/Facebookok
Paul Scheer, who plays June Diane Raphael's husband on "Grace & Frankie," also joined the Nov. 29 rally.
Photo credit: TMZ
And was arrested afterwards.
Photo credit: Fire Drill Fridays/Facebook
Sally Field was arrested during the Friday Drill Friday on Dec. 13.
Fire Drill Fridays/Twitter
"Happy Endings" star Casey Wilson was all smiles as she was arrested on Dec. 20.
Photo credit: Fire Drill Fridays/Facebook
"Orange Is the New Black" star Matt McGorry is used to playing a cop, not being arrested by one.
Photo credit: Fire Drill Fridays/Facebook
Famed author and feminist Gloria Steinem can add environmental activism to her list of causes.
Photo credit: Fire Drill Fridays/Facebook
On Dec. 27, Lily Tomlin joined Fonda outside the Capitol.
Photo credit: Getty Images
Joaquin Phoenix -- fresh off his Best Actor win at the 2020 Golden Globes -- joined Fonda on Jan. 10 and was arrested.
Photo credit: Getty Images
Martin Sheen, who plays Fonda's ex-husband on "Grace & Frankie," also marched Jan. 10.
Photo credit: Getty Images

1 of 27

Joaquin Phoenix and Martin Sheen, Fonda's "Grace & Frankie" co-star, are the latest celeb to march against climate change

Actress Jane Fonda has been leading "Fire Drill Friday" climate change protests in Washington, D.C. every Friday since October. In addition to being arrested many times herself, a number of Fonda's famous friends and colleagues have shown up to protest alongside her -- and many got booked as well. Check out a few of the famous faces here, along with some speakers and activists.

View In Gallery

All the Stars Arrested at Jane Fonda's 'Fire Drill Fridays' Climate Change Protests (Photos)

7DAYFREETRIAL

7
DAY
FREE
TRIAL