- Jeff Bezos, the president and chief executive officer (CEO) of Amazon, has announced the creation of a $10 billion fund to deal with climate change
- His fund, the Bezos Earth Fund, will support various groups of people to ensure the preservation of the natural world
- Bezoz is already an investor with Breakthrough Energy Ventures, which provides technological solutions to deal with climate change
The president and chief executive officer (CEO) of Amazon, Jeff Bezos, has announced plans to create a $10 billion fund focused on dealing with climate change.
Announcing his intent on Instagram, Bezos explained that the Bezos Earth Fund will provide funding for scientists, activists and non-governmental organisations (NGOs) to help preserve and protect the natural world.
Briefly.co.za understands that Bezos is already an investor in Breakthrough Energy Ventures, which is focused on providing finance for the development of technologies that reduce climate change.
It is also working on the reduction of the use of fossil fuels and carbon emissions in industries, including energy generation, food production and manufacturing.
Information available shows that Bezos is personally funding the plan as the project has no support from Amazon.
According to Bezos, solving climate change “is going to take collective action from big companies, small companies, nation states, global organisations and individuals”.
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