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Jeff Bezos to invest billions into fighting against climate change

Kika Angelic

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Today on 17.February Jeff Bezos announced in his Instagram post that starting summer 2020, he is going to get engaged in a fight against climate change by sponsoring various organizations, institutions, charities and individuals that are working on protecting the Earth.

[whohit]Jeff Bezos to invest billions into fighting against climate change[/whohit]He will be setting up so called Bezos Earth Fund and $10 billion will be spent out of his own $130 billion fortune.

The full announcement stated:

Today, I’m thrilled to announce I am launching the Bezos Earth Fund.⁣⁣⁣
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Climate change is the biggest threat to our planet. 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. This global initiative will fund scientists, activists, NGOs — any effort that offers a real possibility to help preserve and protect the natural world. We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organizations, and individuals. ⁣⁣⁣
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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.⁣⁣⁣
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– Jeff

This appears to be the outcome of protests and initiatives of Seattle based Amazon employees who rallied in front of the company’s HQ last year.

The Seller Union team is delighted to hear this news and we are fully supportive of Jeff Bezos’s efforts.

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