Jeff Bezos has revealed the first recipients of his new $10bn Bezos Earth Fund. Bezos is worth more than $200bn, and reports say he will be using his own money for the fund.
The Amazon founder launched the climate change fund back in February, calling the crisis the biggest threat to the planet.
Announcing the news via an Instagram post, Bezos named the US-based organizations set to receive nearly $800m to tackle climate change.
The first beneficiaries include:
The Climate and Clean Energy Equity Fund, ClimateWorks Foundation, Dream Corps Green For All, Eden Reforestation Projects, Energy Foundation, Environmental Defense Fund, The Hive Fund for Climate and Gender Justice, Natural Resources Defense Council, The Nature Conservancy, NDN Collective, Rocky Mountain Institute, Salk Institute for Biological Studies, The Solutions Project, Union of Concerned Scientists, World Resources Institute, and World Wildlife Fund.
“I’ve spent the past several months learning from a group of incredibly smart people who’ve made it their life’s work to fight climate change and its impact on communities around the world. I’m inspired by what they’re doing, and excited to help them scale,” he wrote.
Bezos also remarked that grants are “just the beginning.”