Amazon's Jeff Bezos creates $10 billion fund to fight climate change

Marco Green
February 18, 2020

Bezos said that the $10 billion will be used to fund the work done by scientists, activists, and NGOs among others "to help preserve and protect the natural world".

Today, I'm thrilled to announce I am launching the Bezos Earth Fund.⁣⁣⁣ ⁣⁣⁣ Climate change is the biggest threat to our planet.

He wrote on his Instagram on Monday that the fund will issue grants to scientists, activists, and other organizations to help their efforts to protect nature.

"We can save Earth", Bezos said.

The move follows pressure from Amazon employees to push the company to do more to fight climate change.

Late a year ago, Amazon committed to net zero carbon emissions from its operations by 2040 and that it would move to power its entire corporate infrastructure with 100% renewable energy by 2030.

It began nearly a year ago, when a group called Amazon Employees for Climate Justice sent an open letter to Jeff Bezos and the Amazon board asking the company to make some climate-related changes to its policies, especially in light of the company's AWS for Oil & Gas Services initiative and the fact that Amazon had just ordered 20,000 diesel vans.

Amazon boss Jeff Bezos has pledged United States $10bn to help fight climate change.

At least Bezos still recognises people will live on this planet for the foreseeable future, we guess.

Writing on his Instagram account, Bezos says the fund would begin distributing money this summer.

"We applaud Jeff Bezos' philanthropy, but one hand can not give what the other is taking away", the group said Monday.

The fund was described as Bezos's biggest philanthropic commitment.

He added: "Climate change is the biggest threat to our planet". When is Amazon going to stop funding climate-denying think tanks like the Competitive Enterprise Institute and climate-delaying policy?

"There are any number of headlines out there right now that combine the words "Jeff Bezos" "$10 billion" and "climate change".

Amazon, the company Bezos runs, has an enormous carbon footprint but in 2019, officials said the company would work to have 100% of its energy use come from renewable energy by 2030.

In 2018, Amazon emitted just over 44 million tons of carbon dioxide and other greenhouse gasses, according to a first-ever disclosure by the company last September.

The announcement made no mention of Amazon, even though the company has been criticized by its own employees for business ventures they say contribute to the problem, such as its vast network of delivery trucks; and Amazon Web Services (AWS), the company's cloud computing division, which works with oil and gas companies to help them better extract fossil fuels.

Other reports by Click Lancashire

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