Beautiful Virgin Islands

Friday, Sep 05, 2025

Jeff Bezos, The World’s Richest Man, Pledges $10 Billion To Fight Climate Change

Jeff Bezos, The World’s Richest Man, Pledges $10 Billion To Fight Climate Change

“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.⁣⁣⁣”
Amazon CEO Jeff Bezos, the world’s richest person, pledged $10 billion to combat climate change on Monday, calling the phenomenon the “biggest threat to our planet.”

In an Instagram post, the 56-year-old billionaire said he was launching the Bezos Earth Fund, an initiative to fund scientists, activists, and non-governmental organizations researching and fighting climate change. Bezos did not specify which groups he’d be funding, but he noted that the $10 billion fund would begin issuing grants this summer.

“It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals,” Bezos wrote in an Instagram caption below a photo of the Earth. “Earth is the one thing we all have in common — let’s protect it, together.⁣⁣⁣”

Bezos’ announcement comes as Amazon has taken steps to address its role in contributing to global warming and as it faces internal pressure from its own employees. In September, the company unveiled the Climate Pledge, a commitment to meet the international Paris Agreement's goal of net zero carbon emissions by 2040, 10 years earlier than what most countries had previously agreed to. The online retailer's plan to achieve that goal included an order for 100,000 new electric delivery vehicles and a $100 million investment in global reforestation projects.

That hasn’t been enough for some of the Seattle tech giant’s workers, who formed a group called Amazon Employees for Climate Justice to call out their employer for working with oil and gas companies and funding a think tank engaged in climate change denialism. The group also organized a walkout and a confrontation of Bezos at a recent shareholder meeting. Last month, some of the employees involved in the group said that Amazon threatened them retribution for their criticism of the company’s stance on climate issues.

“We applaud Jeff Bezos’ philanthropy, but one hand cannot give what the other is taking away,” Amazon Employees for Climate Justice said in a statement on Monday. “The people of Earth need to know: When is Amazon going to stop helping oil & gas companies ravage Earth with still more oil and gas wells? When is Amazon going to stop funding climate-denying think tanks like the Competitive Enterprise Institute and climate-delaying policy?”

In an email, an Amazon spokesperson chose to commend its CEO and founder. The company declined to respond to the Amazon employees’ questions.

“Amazon took a bold step when it announced the Climate Pledge, committing the company to meet the goals of the Paris Agreement ten years early, and we’re incredibly excited about the Bezos Earth Fund,” the company said in a statement. “Jeff’s passion and this extraordinary personal contribution to the fight against climate change are going to have a huge impact.”

The Bezos Earth Fund will come from the Amazon CEO’s personal accounts, not from Amazon’s balance sheet. The $10 billion commitment represents less than 8% of his net worth, which totaled $129.9 billion as of Monday, according to Forbes.

Bezos, who has been criticized in the past for his lack of giving compared to his outsized wealth, has recently made strides to increase his charitable donations. In 2018, he launched the Day One Fund with a $2 billion commitment, and it’s announced distributions totaling $196 million over two years to charities working on family and homelessness issues. The Bezos Earth Fund will be separate from the Day One Fund and the Bezos Family Foundation, a foundation set up by the Amazon chief’s parents Jackie and Mike Bezos to focus on education issues.

A person familiar with the Bezos Earth Fund said that the $10 billion would not be used for investments and would be doled out as charitable giving to existing institutions and researchers.

“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,” Bezos said on Instagram.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Putin Celebrates ‘Unprecedentedly High’ Ties with China as Gazprom Seals Power of Siberia-2 Deal
China Unveils New Weapons in Grand Military Parade as Xi Hosts Putin and Kim
Queen Camilla’s Teenage Courage: Fended Off Attempted Assault on London Train, New Biography Reveals
Scottish Brothers Set Record in Historic Pacific Row
Rapper Cardi B Cleared of Liability in Los Angeles Civil Assault Trial
Google Avoids Break-Up in U.S. Antitrust Case as Stocks Rise
Couple celebrates 80th wedding anniversary at assisted living facility in Lancaster
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
The White House on LinkedIn Has Changed Their Profile Picture to Donald Trump
"Insulted the Prophet Muhammad": Woman Burned Alive by Angry Mob in Niger State, Nigeria
Trump Responds to Death Rumors – Announces 'Missile City'
Court of Appeal Allows Asylum Seekers to Remain at Essex Hotel Amid Local Tax Boycott Threats
Germany in Turmoil: Ukrainian Teenage Girl Pushed to Death by Illegal Iraqi Migrant
United Krack down on human rights: Graham Linehan Arrested at Heathrow Over Three X Posts, Hospitalised, Released on Bail with Posting Ban
Asian and Middle Eastern Investors Avoid US Markets
Ray Dalio Warns of US Shift to Autocracy
Eurozone Inflation Rises to 2.1% in August
Russia and China Sign New Gas Pipeline Deal
China's Robotics Industry Fuels Export Surge
Suntory Chairman Resigns After Police Probe
Gold Price Hits New All-Time Record
Von der Leyen's Plane Hit by Suspected Russian GPS Interference in an Incident Believed to Be Caused by Russia or by Pro-Peace or by Anti-Corruption European Activists
UK Fintechs Explore Buying US Banks
Greece Suspends 5% of Schools as Birth Rate Drops
Apollo to Launch $5 Billion Sports Investment Vehicle
Bolsonaro Trial Nears Close Amid US-Brazil Tension
European Banks Push for Lower Cross-Border Barriers
Poland's Offshore Wind Sector Attracts Investors
Nvidia Reveals: Two Mystery Customers Account for About 40% of Revenue
Woody Allen: "I Would Be Happy to Direct Trump Again in a Film"
Pickles are the latest craze among Generation Z in the United States.
Deadline Day Delivers Record £125m Isak Move and Donnarumma to City
Nestlé Removes CEO Laurent Freixe Following Undisclosed Relationship with Subordinate
Giuliani Seriously Injured in Accident – Trump to Award Him the Presidential Medal of Freedom
EU is getting aggressive: Four AfD Candidates Die Unexpectedly Ahead of North Rhine-Westphalia Local Elections
Lula and Putin Hold Strategic BRICS Discussions Ahead of Trump–Putin Summit
WhatsApp is rolling out a feature that looks a lot like Telegram.
Investigations Reveal Rise in ‘Sex-for-Rent’ Listings Across Canada Exploiting Vulnerable Tenants
Chinese and Indian Leaders Pursue Amity Amid Global Shifts
European Union Plans for Ukraine Deployment
ECB Warns Against Inflation Complacency
Concerns Over North Cyprus Casino Development
Shipping Companies Look Beyond Chinese Finance
Rural Exodus Fueling European Wildfires
China Hosts Major Security Meeting
Chinese Police Successfully Recover Family's Savings from Livestream Purchases
Germany Marks a Decade Since Migrant Wave with Divisions, Success Stories, and Political Shifts
Liverpool Defeat Arsenal 1–0 with Szoboszlai Free-Kick to Stay Top of Premier League
Prince Harry and King Charles to Meet in First Reunion After 20 Months
Chinese Stock Market Rally Fueled by Domestic Investors
×