The Amazon CEO promised to commit $10 billion of his personal fortune to combating climate change. He will begin issuing grants this summer.
Amazon.com Inc. founder Jeff Bezos is starting the Bezos Earth Fund to help counter the effects of climate change.
Bezos said he’s starting with $10 billion and will begin to issue grants this summer. “It’s going to take collective action from big companies, small companies, nation states, global organizations and individuals,” he said in aAmazon has been criticized recently for the environmental costs of the conveniences it provides — especially with quick shipping and what advocates say is wasteful packaging.
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