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

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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.

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