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The World’s Richest Man Jeff Bezos Commits $10 Billion to Address Climate Change

“Earth is the one thing we all have in common — let’s protect it, together.⁣⁣⁣” - by Chelsea Tromans
  • 19 Feb 2020

Rich or poor, climate change is an issue that affects us all. And while we can all do our part to reduce our carbon footprint, $10 billion dollars will certainly make a world of difference in addressing the bigger issues of climate change.

Watch Below: Greta Thunberg and Prince Charles meet to discuss climate change 

Jeff Bezos, Amazon’s Chief Executive and the world’s richest man (his net worth is $130 billion), has committed a generous $10 billion to address the climate crisis via his new initiative, the Bezos Earth Fund.

The money will be dispersed among select individuals, groups and organisations to help fund their work. “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,” said Bezos on Instagram. 

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376.9k likes - View Post on Instagram
Today, I'm 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. It's going to take collective action from big companies, small companies, nation states, global organizations, and individuals. ⁣⁣⁣ ⁣⁣⁣ I'm committing $10 billion to start and will begin issuing grants this summer. Earth is the one thing we all have in common - let's protect it, together.⁣⁣⁣ ⁣⁣⁣ - Jeff

“This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world.”

Until this donation, The New York Times claim his largest charitable donation to date was $2 billion, which he gave to help homeless families and build a network of Montessori preschools in September 2018. 

Last year, Bezos started to take an interest in climate change, revealing Amazon’s Climate Pledge to meet the goals of the Paris climate agreement 10 years ahead of schedule and become carbon-neutral by 2040. 

Amazon’s impact on the environment is substantial. In September, the company disclosed that it emitted about 44.4 million metric tons of carbon dioxide in 2018, which is the equivalent of burning almost 600,000 tanker trucks’ worth of gasoline.

“That would put them in the top 150 or 200 emitters in the world,” Bruno Sarda, President of CDP North America told The New York Times. 

Hopefully, Bezos’ newfound commitment to fighting climate change will see additional green practices put in place at Amazon. 

“Earth is the one thing we all have in common — let’s protect it, together.,” Bezos concluded in his announcement of the Bezos Earth Fund. 

Chelsea Tromans
Chelsea Tromans
Chelsea Tromans is a fashion, beauty and lifestyle editor whose words can be found on BEAUTYcrew, marie claire, Women’s Health, WHO, Daily Addict, and The Joye…just to name a few. She’s a night owl who’s trying to train herself to be a morning person (coffee helps!) and she recently traded in her hectic Sydney life for a quieter pace in Brisbane.

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