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Climate

Jeff Bezos Pledges $10 Billion for Tackling Climate Change

Bezos is launching the fund when he’s under more scrutiny than ever
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PBS

less than 3 min read

TOPICS: Climate / Climate Finance & Insurance / Green Bonds

As Jeff Bezos showed us yesterday, when you post on the main feed in Insta, you better deliver. The Amazon CEO said he’s launching the Bezos Earth Fund⁣, a $10 billion initiative to fund efforts tackling climate change. It's the second largest charitable gift in recent history, per Recode.

  • “We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals,” Bezos wrote. ⁣⁣⁣

Bezos, the world's richest man, is launching the fund as he and Amazon are under more scrutiny than ever.

Exhibit A: tonight's PBS doc

Amazon Empire: The Rise And Reign Of Jeff Bezos, which airs at 9pm ET, does its best to condense an impossibly huge subject into a TV special. It digs into Bezos’s early career, Amazon’s “ruthless” reputation, and the company’s tense relationship with D.C.

Bottom line, from the show notes: “Jeff Bezos is not only one of the richest men in the world, he has built a business empire that is without precedent in the history of American capitalism.” The question the documentary asks is, are we okay with that?

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