Friday, 12 March 2021

Jeff Bezos to give away $1 billion a year to fight climate change

Jeff Bezos to give away $1 billion a year to fight climate change

Outgoing Amazon CEO Jeff Bezos plans to give away $1 billion a year for the next decade to fight climate change as part of his Bezos Earth Fund. Last year, Mr Bezos, the world’s richest man, announced the formation of the $10 billion fund. Besides an initial $791 million round of grants to major environmental organisations last year, which Bezos called “just the beginning”, there aren’t many details about how the fund would operate.

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