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Amazonfounder and CEO Jeff Bezos on Monday announced the launch of a new Earth Fund that the e-commerce chief plans to use to combat the effects of climate change.
He said in an Instagram post that he’s pledging $10 billion to start the fund, which will be called the Bezos Earth Fund, and will issue grants to scientists, activists and other organizations in their efforts to “preserve and protect the natural world.”
“We can save Earth,”Bezoswrote in his post. “It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals.”