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Bezos launches $10 bn fund to combat climate change

Terra Daily Tuesday, 18 February 2020
Bezos launches $10 bn fund to combat climate changeWashington (AFP) Feb 18, 2020

His company is often criticized for its environmental record, but Jeff Bezos, CEO of Amazon and the world's richest man, said Monday that he was committing $10 billion to a new fund to tackle climate change. In a post to his 1.4 million followers on Instagram, the e-commerce tycoon said the Bezos Earth Fund would "fund scientists, activists, NGOs - any effort that offers a real possibility
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News video: Jeff Bezos Pledges $10 Billion to Fight Climate Change

Jeff Bezos Pledges $10 Billion to Fight Climate Change 00:16

Amazon founder Jeff Bezos announced in an Instagram post that he is pledging $10 billion to fight climate change, which he calls "the biggest threat to our planet." The money will be used to fund his Earth Fund which will fund scientists, activists, and NGOs.

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