Amazon's Bezos pledges $10 billion to climate change fight

Amazon's Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other groups fighting to protect the environment and counter the effects of climate change

FILE PHOTO: Founder, Chairman, CEO and President of Amazon Jeff Bezos speaks during an event about Blue Origin's space exploration plans in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne

Bezos, who is the world’s richest man, is among a growing list of billionaires to dedicate substantial funds towards combating the impact of global warming. Counteracting climate change has become a popular cause for U.S. billionaires in recent years, with Microsoft’s Bill Gates, Michael Bloomberg and hedge fund manager Tom Steyer counted among the world’s wealthiest environmental philanthropists. ⁣⁣⁣ Last year, Bezos pledged to make online retailer Amazon net carbon neutral by 2040 - the first major corporation to announce such a goal - and to buy 100,000 electric delivery vehicles from U.S.

Cutting emissions related to Amazon, which delivers 10 billion items a year and has a massive transportation and data center footprint, will be challenging.

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