Jeff Bezos Is Pledging $10 Billion USD to Save the Planet

The billionaire CEO reveals the Bezos Earth Fund.

Tech 
116,679 Hypes 125 Comments

Jeff Bezos — Chief Executive Officer of Amazon — has just announced his Earth fund, which will commit $10 billion USD towards fighting climate change.

The CEO revealed on his Instagram account earlier today that his pledge, named the Bezos Earth Fund, will help aid the efforts to combat climate change, as the global epidemic spreads with melting ice caps, rising temperatures, coastal erosion and more.

Bezos’s post included the official statement for 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.⁣⁣⁣
⁣⁣⁣

In addition to the reveal that the money will go towards NGOs, scientists, activists and more, The Verge also reports that the finances will not go towards private sector investment, but rather charitable giving.

This charitable cause follows in the footsteps of Amazon’s latest Q4 earnings report which now push the company back onto the short list of trillion dollar companies. Bezos also reportedly donated $1 million AUD (approximately $690,000 USD) towards Australian bushfire relief back in January.

In related news, the 2020 Brand Intimacy Study — research that looks into the emotional connection consumers have with specific companies — lists Amazon as one of the top three, alongside Apple and Disney.

Read Full Article

What to Read Next

Jeff Bezos Says He Plans To Donate Majority of $124 Billion USD Fortune to Charity
Tech

Jeff Bezos Says He Plans To Donate Majority of $124 Billion USD Fortune to Charity

Comparting the job of delegating his fortune to the process of building Amazon.

JAY-Z and Jeff Bezos Are Looking To Buy the Washington Commanders
Sports 

JAY-Z and Jeff Bezos Are Looking To Buy the Washington Commanders

When two billionaires join forces.

Rick Ross Places Hefty $10 Million USD Pledge for Jake Paul's Next Fight
Sports

Rick Ross Places Hefty $10 Million USD Pledge for Jake Paul's Next Fight

Showing a great belief in Paul’s boxing skills.


Elon Musk Is the First Person to Ever Lose $200 Billion USD
Tech 

Elon Musk Is the First Person to Ever Lose $200 Billion USD

After becoming the second person ever to amass a fortune of over $200 billion USD in 2021.

Grind London FW20 Lookbook Is Inspired by "Applied Study Groups"
Fashion

Grind London FW20 Lookbook Is Inspired by "Applied Study Groups"

An exploration into fabrics, patterns and graphics.

Here's Your First Look at Cletus Kasady aka "Carnage" for 'Venom 2'
Entertainment

Here's Your First Look at Cletus Kasady aka "Carnage" for 'Venom 2'

As teased by Tom Hardy.

Japanese Photographer RK Announces "NEOrient" Solo Exhibition
Art

Japanese Photographer RK Announces "NEOrient" Solo Exhibition

Showing at the prestigious DIESEL ART GALLERY.

Elevated Air Jordan 1s Provide the Pinnacle of This Week's Best Footwear Drops
Footwear 

Elevated Air Jordan 1s Provide the Pinnacle of This Week's Best Footwear Drops

Alongside Nike and Converse’s BHM collection, region-exclusive adidas YEEZY BOOST 350 V2s and more.

Zachary Levi Believes Electric Motors Are the Future
Automotive

Zachary Levi Believes Electric Motors Are the Future

The ‘Shazam!’ actor shares his enthusiasm for the new wave of eco-friendly bikes.


These Are the Emerging Designers From This Year's Woolmark Prize Shortlist
Fashion 

These Are the Emerging Designers From This Year's Woolmark Prize Shortlist

Get to know the label’s entry collections and sustainability initiatives.

END. & Reebok Bring Metal and Neon to DMX Trail Shadow "Mercury"
Footwear

END. & Reebok Bring Metal and Neon to DMX Trail Shadow "Mercury"

Featuring metallic silver and bold hits of color.

Take a Look Inside Gucci's World of Psychedelia at Selfridges' Corner Shop
Fashion

Take a Look Inside Gucci's World of Psychedelia at Selfridges' Corner Shop

Disco fever is served.

Billionaire Boys Club ICE CREAM Adds Dollar Signs & Diamonds to Reebok's BB 4000 Mu
Footwear

Billionaire Boys Club ICE CREAM Adds Dollar Signs & Diamonds to Reebok's BB 4000 Mu

Packaged in a limited-edition tin.

Slam Jam Partners With Sadboys Gear for Exclusive "Visualizing Sound" Capsule
Fashion

Slam Jam Partners With Sadboys Gear for Exclusive "Visualizing Sound" Capsule

The latest release from Yung Lean’s collection.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.