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Jeff Bezos commits USD 10 Bn to fight climate change.

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, he said

Feb 18, 2020 by The Passage Team
Jeff Bezos commits USD 10 Bn to fight climate change.

Amazon CEO Jeff Bezos has pledged USD 10 billion to fight climate change. He made the announcement on Monday through an Instagram post:

Bezos wrote:

“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 USD 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.”

Earlier, Amazon had made its climate change position clear in an official blog post:

The overwhelming majority of climate scientists agree that human activities are contributing to climate-warming trends over the past century, and most leading scientific organizations worldwide have issued public statements endorsing this position. We agree, and have created The Climate Pledge – a commitment to reach the Paris Agreement 10 years early. We are innovating and investing to be net zero carbon by 2040 and run on 100% renewable energy by 2030. We are purchasing 100,000 fully-electric delivery vehicles, the largest order ever for electric delivery vehicles, and investing $100 million in nature-based climate solutions and reforestation projects around the world to begin removing carbon from the atmosphere now

However, the Amazon Employees for Climate Justice has released a statement expressing scepticism over the move.

The statement asked: "When is Amazon going to stop helping oil & gas companies ravage Earth with still more oil and gas wells? When is Amazon going to stop funding climate-denying think tanks like the Competitive Enterprise Institute and climate-delaying policy? When will Amazon take responsibility for the lungs of children near its warehouses by moving from diesel to all-electric trucking?"

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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