Jeff Bezos Announces First Beneficiaries of His $10 Billion Climate Fund

Jeff Bezos has named 16 environmental organizations that will get the first chunk of his $10 billion fund for climate action. From a report: Collectively, they'll get $791 million from the richest man on Earth, although Bezos did not specify how much would go to each group. "I've spent the past several months learning from a group of incredibly smart people who've made it their life's work to fight climate change and its impact on communities around the world," Bezos said. "I'm inspired by what they're doing, and excited to help them scale." The Amazon CEO announced the creation of his personal $10 billion Bezos Earth Fund in February. His fund is equivalent to more than 7 percent of his net worth. It's also 10 times as much as philanthropic foundations gave globally in 2018 to efforts to slow climate change. For his first round of funding, Bezos chose to back a handful of legacy organizations with an established history of advocacy on behalf of the planet. His choice in recipients so far signals support for mainstream environmental groups rallying for new policies and research on climate change. The full list of grantees are a mix of big name NGOs, labs, reforestation and climate justice groups. They include: The Climate and Clean Energy Equity Fund, ClimateWorks Foundation, Dream Corps Green For All, Eden Reforestation Projects, Energy Foundation, Environmental Defense Fund, The Hive Fund for Climate and Gender Justice, Natural Resources Defense Council, The Nature Conservancy, NDN Collective, Rocky Mountain Institute, Salk Institute for Biological Studies, The Solutions Project, Union of Concerned Scientists, World Resources Institute and World Wildlife Fund.Read more of this story at Slashdot.
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