Amazon CEO & Billionaire Jeff Bezos Pledges $10 Billion To Fight Climate Change

Amazon CEO Jeff Bezos announced via Instagram that he would be pledging a staggering $10 billion to fight climate change through a new fund he is calling the Bezos Earth Fund.

In an Instagram post, Bezos explained that the funds will be used to assist in “any effort that offers a real possibility” to help halt the damaging impacts of climate change on the planet.

“Climate change is the biggest threat to our planet. I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share,” Bezos said.

While details are few, Bezos said grants from the fund will begin being distributed as early as this summer.

Bezos currently has a net worth of about $130 billion.

View this post on Instagram

Today, I’m thrilled to announce I am launching the Bezos Earth Fund.⁣⁣⁣ ⁣⁣⁣ Climate change is the biggest threat to our planet. I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share. This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world. We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals. ⁣⁣⁣ ⁣⁣⁣ I’m committing $10 billion to start and will begin issuing grants this summer. Earth is the one thing we all have in common — let’s protect it, together.⁣⁣⁣ ⁣⁣⁣ - Jeff

A post shared by Jeff Bezos (@jeffbezos) on Feb 17, 2020 at 10:00am PST