Jeff Bezos commits $10 billion to fight climate change

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Jeff Bezos commits $10 billion to fight climate change
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The Jeff Bezos has announced a new initiative — called the Bezos Earth Fund — to back scientists, activists and organizations working to mitigate the impact of climate change. The Amazon CEO will commit $10 billion 'to start,' he said in an Instagram post.

The Amazon CEO on Monday announced a new fund to back scientists, activists and organizations working to mitigate the impact of climate change. Bezos will commit $10 billion"to start," he said in an Instagram post. The initiative, called the Bezos Earth Fund, will begin giving out grants this summer. The $10 billion commitment constitutes less than 8% of the world's richest man's estimated $130 billion net worth.

Earth is the one thing we all have in common — let's protect it, together.⁣⁣⁣ ⁣⁣⁣ - Jeff Bezos has been under pressure from his employees to do more to protect the environment. Thousands of Amazon employees signed a letter last May asking how the company planned to respond to climate change, and many of them staged a walkout in September calling on it to do more.

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