Jeff Bezos Will Donate $10 Billion to Tackle Climate Change, but Critics Want Change at Amazon

The Bezos Earth Fund begins issuing grants to scientists and environmental activists this summer

Achieving ‘Mainstream Green’ is key to a more sustainable economy. Read the new report on the CMO Sustainability Accelerator hub to learn more and take action.

Jeff Bezos took to his personal Instagram account on Monday to announce the launch of the Bezos Earth Fund, a $10 billion global initiative to undertake the existential threat of climate change.

The CEO and founder of Amazon—who currently has an estimated net worth of $129.9 billion—is pledging nearly 8% of that net worth to tackle climate change through a series of grants he will issue this summer to fund undisclosed scientists, activists and NGOs.

In a brief, informal statement on Instagram (tacked on with a generic image of Earth), Bezos wrote, “Climate change is the biggest threat to our planet.



Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in