Home news Amazon’s Bezos pledges US$10bil to climate change fight

Amazon’s Bezos pledges US$10bil to climate change fight

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NEW YORK (Reuters): Amazon chief govt officer Jeff Bezos will commit US$10bil to fund scientists, activists, nonprofits and different teams preventing to guard the atmosphere and counter the results of local weather change, he mentioned on Monday (Feb 17).

Slicing emissions will likely be difficult for Amazon. The e-commerce firm delivers 10 billion objects a yr, has a large transportation and knowledge centre footprint, and has confronted criticism from inside its personal workforce.

Bezos, the world’s richest man, is amongst a rising listing of billionaires to dedicate substantial funds to battling the influence of worldwide warming.

“Local weather change is the most important risk to our planet,” Bezos mentioned in an Instagram publish. “I need to work alongside others each to amplify recognized methods and to discover new methods of preventing the devastating influence of local weather change on this planet all of us share.”

The Bezos Earth Fund will start issuing grants this summer season as a part of the initiative.

“It’ll take collective motion from large corporations, small corporations, nation states, international organisations, and people,” Bezos mentioned.

Counteracting local weather change has turn into a preferred trigger for US billionaires in recent times, with Microsoft’s Invoice Gates, Michael Bloomberg and hedge fund supervisor Tom Steyer counted among the many world’s wealthiest environmental philanthropists.

Final yr, Bezos pledged to make on-line retailer Amazon internet carbon impartial by 2040 – the primary main company to announce such a objective – and to purchase 100,000 electrical supply automobiles from US automobile design and manufacturing startup Rivian Automotive LLC.

Bezos additionally mentioned on the time that Amazon would meet the objectives of the Paris local weather accord 10 years forward of the accord’s schedule and make investments US$100mil to revive forests and wetlands.

Amazon has confronted protests by environmental activists and strain from its staff to take motion on local weather change.

Amazon employees had been amongst a whole lot of staff of massive know-how corporations to hitch climate-change marches in San Francisco and Seattle late final yr, saying their employers had been too sluggish to sort out international warming and wanted to take extra drastic motion.

Amazon Workers for Local weather Justice, an activist employees group, welcomed the Bezos Earth Fund announcement, however mentioned it didn’t make up for the corporate’s consumption of fossil fuels and different actions that contribute to local weather change.

“We applaud Jeff Bezos’ philanthropy, however one hand can’t give what the opposite is taking away,” the group mentioned on Twitter. – Reuters

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