Jeff Bezos launches $10bn fund to combat climate change

Jeff Bezos who founded Amazon Inc., which has been often criticized for its damage to the environment, has recently committed $10bn to a new fund to tackle climate change.

Announcing the news on Instagram, the e-commerce tycoon said that the Bezos Earth Fund would “fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world.”

“Climate change is the biggest threat to our planet,” said Bezos.

Last month, hundreds of Amazon employees signed a blog criticizing the online retail giant’s climate policies and demanding senior management to take action.

Amazon has been heavily criticized by environmental activists for creating vast amounts of waste from the packaging it uses for deliveries. It has also been accused of emitting greenhouse gases from huge fleets of vehicles.

The company has also been denounced over its carbon footprint because of the high energy consumption of its server farms for its lucrative cloud computing activities.

“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 in his Instagram post.

In September 2019 as well, Bezos had said that Amazon would pledge to become carbon neutral by 2040 and vowed that the company would order 100,000 electric delivery trucks.

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