Jeff Bezos said on Monday that he will contribute $10 billion in the fight against climate change, Yahoo Finance reported. Not so long ago, the Amazon founder was accused of being stingy after he donated $690,000 towards relief efforts following the Australian wildfires.
The Amazon (AMZN) CEO announced the launch on Instagram, asserting humans can save the Earth by using an inclusive approach that combines the efforts and resources of all stakeholders. “We can save Earth. It’s going to take collective action from big companies, small companies, nation-states, global organizations, and individuals,” the post stated. “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.” Bezos, who has a net worth of $130 billion, is no stranger to the climate change fight. In September 2019, the Amazon founder announced: “The Climate Pledge,” which stated that the retail behemoth’s ultimate goal is to become carbon-neutral by 2040.