Amazon CEO Jeff Bezos on Monday committed $10 billion of his fortune to set up a fund aimed at tackling the climate crisis, weeks after hundreds of his employees signed a blog demanding the online retail giant take drastic steps to reduce its carbon footprint. The fund, named Bezos Earth Fund, will begin issuing grants to scientists and activists this summer, the world’s richest man announced in an Instagram post. “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,” said Bezos, whose net worth is estimated to be $130 billion. “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,” he said. Read more: Amazon wins court order to suspend $10 billion US military contract with Microsoft Bezos’ personal donation follows Amazon’s “Climate Pledge” last year which aims to make the company carbon neutral by… Read full this story
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