Jeff Bezos pledges $10bn to tackle climate change

Amazon chief Jeff Bezos has pledged $10bn (£7.7bn) to a new fund to tackle climate modify, but activists have urged the world’s richest male to first cleanse up the e-commerce giant’s very own lacklustre environmental file.

The e-commerce tycoon mentioned the Bezos Earth Fund would “fund scientists, activists, NGOs – any hard work that features a authentic likelihood to enable maintain and defend the purely natural planet”.

“Local weather modify is the largest menace to our planet,” mentioned Bezos, whose is believed to be worthy of $130bn, mentioned in an Instagram put up to his 1.four million followers.

However, Greenpeace Usa mentioned Amazon nonetheless had “large climate troubles,” inquiring: “Why won’t Bezos lead by cleansing up his very own property?”

Hundreds of Amazon personnel last thirty day period signed a blog criticising the on-line retail giant’s climate policies and demanding it do far more to tackle climate modify.

Amazon has been accused of making extensive amounts of waste from the packaging it makes use of for doorstep deliveries, as effectively as for the greenhouse gas emissions from large motor vehicle fleets.

The corporation, which in December mentioned its workforce had hit 750,000, has also been denounced around its carbon footprint simply because of the high electrical power use of its server farms for its worthwhile cloud computing activities.

Amazon Personnel for Local weather Justice, the team behind last month’s criticism, responded to Mr Bezos’s pledge by urging the corporation to prevent functioning with oil and gas corporations and swap its diesel vehicles for electric automobiles.

“We applaud Jeff Bezos’ philanthropy, but a single hand can’t give what the other is taking away,” the team mentioned.

Mr Bezos, who managed his standing as the world’s richest particular person despite an pricey divorce last year, mentioned his new basis would start issuing grants later this year: “I want to do the job alongside many others both to amplify recognized strategies and to investigate new strategies of preventing the devastating effect of climate modify on this planet we all share.”

Final September, he mentioned Amazon would pledge to become carbon neutral by 2040 and vowed that the corporation would order 100,000 electric supply vehicles.

Somewhat than make investments that the enterprise guru might income from, the fund would allocate grant money to tasks, The New York Times described. It is believed to be Mr Bezos’s largest philanthropic dedication.

Mr Bezos has typically clashed with Donald Trump, who on a regular basis attacks climate modify activists and a short while ago named them “perennial prophets of doom”.

However, The New York Times mentioned that even if Mr Bezos spent the complete $10bn quickly, he would nonetheless be the world’s richest particular person.

Final week, he reportedly agreed to get a Beverly Hills mansion created in the thirties by Hollywood movie mogul Jack Warner for a file $165m.

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