Bezos Says He’ll Commit $10 Billion to Fight Climate Change

  • Climate fund marks Bezos’s biggest philanthropic investment
  • Amazon has been recently criticized for its fossil fuel usage
Jeff BezosPhotographer: Andrew Harrer/Bloomberg
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Amazon.com Inc. founder Jeff Bezos announced he’s created the Bezos Earth Fund, his biggest-ever philanthropic investment to help counter the effects of climate change.

Bezos is starting with $10 billion and will begin to issue grants in a few months. “It’s going to take collective action from big companies, small companies, nation states, global organizations and individuals,” he said Monday in a post on Instagram. “We can save Earth.”