Instead, Bezos … Amazon founder and CEO Jeff Bezos on Monday announced the launch of a new Earth Fund that the e-commerce chief plans to use to combat the effects of climate change. Bezos, the world's richest person, said in an Instagram post that he'll start giving grants this summer to scientists, activists and nonprofits working to protect Earth. The Bezos Earth Fund will be different from the Bill Gates-led $1 billion Breakthrough Energy Ventures fund, which seeks to make investments that will generate returns. Topline: Amazon CEO Jeff Bezos, ... in an Instagram post on Monday that he was donating $10 billion to combat climate change in a new initiative called the Bezos Earth Fund. Jeff Bezos Pledges $10 Billion To Fight Climate Change, Planet's 'Biggest Threat' Amazon, the company Bezos founded and heads, has come under increasing scrutiny for its own carbon footprint. Amazon CEO Jeff Bezos says he's launching a $10 billion Bezos Earth Fund that will issue grants aimed at addressing climate change — a move that comes less than a … The Amazon CEO and richest man in the world announced in a post on Instagram that he'd start the Bezos Earth Fund. Bezos said in the post Monday that he will call his new initiative the Bezos Earth Fund. "Which is a lot, like a small country," says Seamus. Bezos said in the post Monday that he will call his new initiative the Bezos Earth Fund. An Amazon spokesman confirmed that Bezos will be using his own money for the fund. Amazon CEO Jeff Bezos says he’s launching a $10 billion Bezos Earth Fund that will issue grants aimed at addressing climate change — a move that comes amid criticism of Amazon. Bezos announced the initiative, called the Bezos Earth Fund, in a post Monday afternoon on Instagram. Amazon CEO Jeff Bezos says he’s launching a $10 billion Bezos Earth Fund that will issue grants aimed at addressing climate change — a move that comes amid criticism of Amazon. On Monday via Instagram, Amazon CEO Jeff Bezos announced that he is launching the “Bezos Earth Fund,” to offer grant money to scientists, activists, NGOs and others who are making an “effort that offers a real possibility to help preserve and protect the natural world,” he … An Amazon spokesman confirmed that Bezos will be using his own money for the fund. Multi-billionaire Jeff Bezos, the world’s wealthiest person, announced a $10 billion fund to invest in projects that will combat the alarming trend of climate change. Jeff Bezos is the boss of Amazon - one of the world's biggest companies - and in 2018 its corporate carbon footprint was 44.4 million metric tons. Jeff Bezos commits $10 billion to fight climate change Amazon founder Jeff Bezos says he plans to spend $10 billion of his own fortune to help fight climate change. On February 17th, 2020, Jeff Bezos announced over Instagram that he was donating $10 billion to a new organization called Jeff Bezos Earth Fund to fight climate change. The Amazon founder and C… Jeff Bezos said on Monday that he's giving $10 billion to fight climate change.