The Bezos Earth Fund today announced $203.7 million in grants and commitments to advance climate justice, support climate-oriented economic recovery projects, and stimulate innovation in decarbonization pathways.
These pledges are part of a 10-year, $10 billion plan supported by Amazon founder Jeff Bezos to fund scientists, activists, non-governmental organizations, and others that can tackle climate change Challenge actors.
“This funding is just the next step in the Bezos Earth Fund’s commitment to create catalytic change in this decisive decade,” Andrew Steele, The recently appointed President and CEO of Bezos Earth Fund, Said in the press release“Through each grant, we are helping the organization unimpeded and paving the way for a more sustainable future.”
Today’s announcement includes an immediate donation of 73.7 million U.S. dollars to 12 organizations and a pledge to provide 130 million U.S. dollars to organizations supporting the Biden administration by the end of 2021. Justice 40 Climate Initiative. Justice40 aims to provide disadvantaged communities with at least 40% of the overall benefits of federal clean energy climate investment. The following is how the subsidy is broken down:
Advancing climate justice:
Advocate for climate action to promote economic recovery:
Additional grants will be used Earth Shooting Award (US$4.2 million) and National Geographic Society and Nature Movement (1.5 million US dollars). The grants and commitments announced today follow the first round of grants of US$791 million to 16 environmental organizations in November last year.