On Tuesday, Amazon founder Jeff Bezos pledged to donate $2 billion of his personal fortune to 'restoring nature and transforming food systems' affected by climate change
GLASGOW, Scotland — On Tuesday, Amazon founder Jeff Bezos pledged to donate $2 billion of his personal fortune to “restoring nature and transforming food systems” affected by climate change.
“Nature is beautiful, but it is also fragile,” he said. “I was reminded of this in July when I went into space with Blue Origin. I was told seeing the Earth from space changes the lens through which you view the world, but I was not prepared for just how much that would be true.” That money will be crucial in helping developing nations transform their economies away from fossil fuels to renewable sources of energy, and is a major issue facing the world on how to cut greenhouse gas emissions that are causing climate change. To that end, Treasury Secretary Janet Yellen said Tuesday that the U.S. was backing a bond financing plan to offer $500 million per year to help developing nations.
While more than 100 countries joined a pledge Tuesday to halt deforestation by 2030, raising enough money to protect the people who live in much of the developing world, funding has remained a stumbling block. USAID said that Power would look to secure commitments, “partnering with vulnerable countries to prepare for and adapt to climate impacts and disasters, and advancing climate equity and empowering women, indigenous peoples, and local communities.
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