Jeff Bezos announces $791 million in grants to fight climate change.
Amazon founder Jeff Bezos revealed the names of 16 organisations that have been selected to receive $791 million in grants from Amazon's $10 billion Earth Fund.
Bezos said that all 16 recipients are "working on innovative, ambitious and needle-moving solutions" to fight climate change.
Some groups will use the funds for specific projects, while others will provide grants to other non-profit organisations.
The groups that have been selected to receive grants from Bezos Earth Fund are:
- World Resources Institute
- World Wildlife Fund
- Environmental Defense Fund
- Natural Resources Defense Council
- The Nature Conservancy
- ClimateWorks Foundation
- The Climate and Clean Energy Equity Fund
- The Hive Fund for Climate and Gender Justice
- The Solutions Project
- Energy Foundation
- Salk Institute for Biological Studies
- Union of Concerned Scientists
- NDN Collective
- Dream Corps Green For All
- Rocky Mountain Institute
- Eden Reforestation Projects
The first five groups (in the list) will receive $100 million each, while remaining 11 organisations will receive grants between $5 million and $50 million.
Bezos said that the newly announced grants were "just the beginning" of the Earth Fund.
Amazon pledged to be 100 per cent powered by renewable energy by 2025 and to become carbon neutral by 2040, a decade before the Paris Accord target for net zero emissions.
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