Jeff Bezos announces USD 791 million in grants to 16 groups fighting climate change

Business World | Nov 17, 2020 at 2:25 PM
  • Amazon founder Jeff Bezos announced on Monday in an Instagram post that he will give USD 791 million in grants as part of his Bezos Earth Fund to 16 organizations that are working to protect the environment, CNN reported.
  • The news comes one year after Amazon announced “The Climate Pledge”.
  • Amazon has also purchased 100,000 electric delivery vehicles and invested USD 100 million into reforestation projects and “climate mitigation solutions”, CNN further reported.