Amazon founder Jeff Bezos launches US$10 billion fund to combat climate change

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WASHINGTON (AFP) - Jeff Bezos, founder and CEO of Amazon and the world's richest man, said Monday (Feb 17) he was committing US$10 billion (S$13.9 billion) to a new fund to tackle climate change.. Read more at straitstimes.com.

WASHINGTON - Jeff Bezos, founder and CEO of Amazon and the world's richest man, said Monday he was committing US$10 billion to a new fund to tackle 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 on this planet we all share." Rather than make investments which the business guru might profit from, the fund will allocate grant money to projects, the New York Times said, quoting unnamed sources familiar with the initiative.

 

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