Amazon boss Bezos launches $ 10 billion fund to combat climate change 1

Amazon boss Bezos launches $ 10 billion fund to combat climate change

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Washington: His company is often criticized for his environmental records, but the CEO of Amazon and the world’s richest man Jeff Bezos said on Monday that he would invest $ 10 billion in a new fund to change the climate change.

The e-commerce tycoon said in a message to its 1.4 million followers on Instagram that the Bezos Earth Fund will fund scientists, activists and NGOs – anyone who offers real opportunities to help protect and preserve nature. Global efforts. “

“Climate change is the biggest threat to our planet,” said Bezos, whose net worth is estimated to be around $130 billion.

Hundreds of Amazon employees signed a blog last month criticizing the online retail giant’s climate policy and asking them to do more to combat climate change.

Amazon has been accused of producing large quantities of waste from the packaging for door-to-door delivery and greenhouse gas emissions from a large fleet.

The company said in December that the total number of employees has reached 750,000, but its carbon footprint is also due to the high energy consumption of its server farms for profitable cloud computing activities.

“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 in his announcement on Monday.

Amazon’s carbon target

Despite the expensive divorce last year, Bezos remains the richest man in the world. Bezos said his new foundation will grant grants later this year.

Last September, he said that Amazon would commit to carbon neutrality by 2040, and promised to order 100,000 electric trucks.

The New York Times cited sources that asked not to be mentioned because they claimed that the fund would not invest in corporate gurus, but would grant grants to projects.

Bezos revealed few details in his posts on social media, which caused an overwhelmingly positive response from his followers.

Bezos often clashes with US President Donald Trump, who often attacks climate activists, who have recently called them “eternal prophets of ruin.”

The fund is described as the largest charity in Bezos.

Microsoft Gates co-founder Bill Gates now spends most of his time in his charity and venture capital fund, which invests in reducing emissions and reversing climate change.

The New York Times said that even if Bezos immediately spent the full $ 10 billion, he would still be the richest man in the world.

Last week he reportedly agreed to buy a Beverly Hills country house, built in the 1930s by Hollywood film magnate Jack Warner for $ 165 million, a record price for a home in California.

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