Amazon’s Jeff Bezos pledges $10 billion to launch Earth Fund for combating climate change

PUBLISHED MON, FEB 17 20202:46 PM ESTUPDATED 11 MIN AGO

Thomas Franck@TOMWFRANCK

KEY POINTS

• Amazon founder Jeff Bezos on Monday announced the launch of a new Earth Fund that the e-commerce chief plans to use to combat climate change.
• He said that he’s pledging $10 billion to start the fund, which will be called the Bezos Earth Fund and issue grants to climate-oriented scientists and activists.
• “We can save Earth,” Bezos wrote on Instagram. “It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals.”

Amazon founder and CEO Jeff Bezos speaks at the new Amazon Spheres opening event at Amazon’s Seattle headquarters in Seattle, Washington, U.S., January 29, 2018.

Lindsey Wasson | Reuters

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.”