Jeff Bezos commits $10 billion to fight climate change – The Manila Times

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NEW YORK: Amazon founder Jeff Bezos said on Monday that he plans to spend $10 billion of his own fortune to help fight climate change. Bezos, the world’s richest person, said in an Instagram post that he’ll start giving grants this summer to scientists,...

Amazon founder Jeff Bezos said on Monday that he plans to spend $10 billion of his own fortune to help fight climate change.

“I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change,” Bezos said in the post. The online retailer relies on fossil fuels to power planes, trucks and vans in order to ship billions of items all around the world. Amazon workers in its Seattle headquarters have been vocal in criticizing some of the company’s practices, pushing it to do more to combat climate change.Bezos said in the post Monday that he will call his new initiative the Bezos Earth Fund. An Amazon spokesman confirmed that Bezos will be using his own money for the fund.

 

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