Arab Press

بالشعب و للشعب
Friday, Aug 22, 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

Arab Press
0:00
0:00
Close
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Armenia and Azerbaijan to Sign US-Brokered Framework Agreement for Nakhchivan Corridor
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
WhatsApp Users Targeted in New Scam Involving Account Takeovers
Trump Deploys Nuclear Submarines After Threats from Former Russian President Medvedev
Germany’s Economic Breakdown and the Return of Militarization: From Industrial Collapse to a New Offensive Strategy
Germany Enters Fiscal Crisis as Cabinet Approves €174 Billion in New Debt
IMF Upgrades Global Growth Forecast as Weaker Dollar Supports Outlook
Politics is a good business: Barack Obama’s Reported Net Worth Growth, 1990–2025
UN's Top Court Declares Environmental Protection a Legal Obligation Under International Law
"Crazy Thing": OpenAI's Sam Altman Warns Of AI Voice Fraud Crisis In Banking
Japanese Prime Minister Vows to Stay After Coalition Loses Upper House Majority
President Trump Diagnosed with Chronic Venous Insufficiency After Leg Swelling
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
×