A Seattle book salesman has pledged 8% of his net worth to fight climate change, taking to Instagram to share the news with customers at home and abroad.
Amazon founder Jeff Bezos today revealed that US$10b (AU$14.8b) will go into the new Bezos Earth Fund, an initiative he says will amplify the work of activists, scientists, and charities to combat environmental devastation.
We can save Earth, Bezos said.
Its going to take collective action from big companies, small companies, nation states, global organizations, and individuals.
The 56-year-old said the fund will distribute grants in the coming months.
View this post on Instagram
Today, Im 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.Its going to take collective action from big companies, small companies, nation states, global organizations, and individuals.Im committing $10 billion to start and will begin issuing grants this summer.Earth is the one thing we all have in common lets protect it, together.Jeff
A post shared by Jeff Bezos (@jeffbezos) on Feb 17, 2020 at 10:00am PST
What is unclear what form those grants will take, but Bezos, whose net worth is estimated to sit around US$126b (AU$187.6b), could hand that cash to activists and scientists with no strings attached and feel zero material repercussions for doing so.
Bezos also looms large over the planets biggest online retailer, and has financial interests in the media, the entertainment industry, food supplies, and even space travel, meaning hed be keen to preserve the planet which provides his customer base.
The move comes less than six months after Amazon employees in 25 cities worldwide staged a walkout to protest the companys stance on climate change.
Those protests took place after Bezos announced the company will attempt to become carbon neutral by 2040, a target which climate activists think should be accelerated to 2030.
Earth is the one thing we all have in common lets protect it, together, he said.READ MOREJeff Bezos Is Graciously Contributing 0.00059% Of His Net Worth To Bushfire Relief EffortsREAD MOREJeff & MacKenzie Bezos Announce What Could Be The Priciest Divorce Ever
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